Initial claims for unemployment insurance were well below expectations last week, helping to douse caution at the Federal Reserve and elsewhere that the labor market is in danger.First-time filings for the week ended Sept. 20 totaled a seasonally adjusted 218,000, down 14,000 from the prior week's upwardly revised figure and...
Author: admin
Dinner for nearly $15,000 — the cost of a meal with DBS bank CEO
Tan Su Shan is the CEO and director of DBS Group.Bloomberg | Bloomberg | Getty ImagesAn evening with Tan Su Shan, CEO and director of DBS Group, was sold by auction house Sotheby's on Saturday for 18,900 Singapore dollars ($14,790) to the winning bidder — more than double the pre-sale estimate...
Disney raises prices for streaming packages
Thomas Fuller | Lightrocket | Getty ImagesDisney on Tuesday unveiled price increases for its streaming subscription packages beginning Oct. 21.The stand-alone Disney+ ad-supported plan will see a $2 increase to $11.99 per month, while the premium no-ads plan will jump $3 to $18.99 per month or get a $30 annual...
Top Wall Street analysts recommend these dividend stocks for income investors
The U.S. Federal Reserve approved a much-anticipated rate cut this past week, and signaled that more are coming. As the economy gradually heads into a low-interest rate backdrop, many investors looking for income-generating investments will prefer buying dividend stocks that offer attractive yields. Backed by their expertise and in-depth analysis,...
Powell says slowing labor market prompted rate cut, sees ‘challenging situation’ ahead
U.S. Federal Reserve Chair Jerome Powell speaks during a press conference, following the issuance of the Federal Open Market Committee's statement on interest rate policy, in Washington, D.C., U.S., Sept. 17, 2025. Elizabeth Frantz | ReutersFederal Reserve Chair Jerome Powell said Tuesday that weakness in the labor market is outweighing...