Futures jump as weekly jobless claims fall
U.S. stocks index futures jumped on Thursday after weekly U.S. jobless claims fell to 5.2 million last week from an upwardly revised 6.62 million the week before.
U.S. stocks index futures jumped on Thursday after weekly U.S. jobless claims fell to 5.2 million last week from an upwardly revised 6.62 million the week before.
Another 5.2 million more Americans sought unemployment benefits last week, lifting total filings for claims over the past month above an astounding 20 million, which would underscore the deepening economic slump caused by the novel coronavirus outbreak.
As job losses mount, you can take a few steps now to ease the blow of a potential layoff or furlough.
Airbus said on Thursday it had received multiple requests from customers to defer deliveries after travel demand collapsed due to the coronavirus epidemic.
Abbott Laboratories beat quarterly profit estimates on Thursday as stay-at-home orders prompted customers to stockpile its nutrition products but the company suspended its full-year forecast due to the coronavirus-fueled uncertainty.
"We could have seen the bottom," BlackRock co-founder and chief Larry Fink told CNBC on Thursday.
The United States opposes creation of liquidity through issuance of the International Monetary Fund's Special Drawing Rights (SDRs) as part of the response to the coronavirus pandemic, U.S. Treasury Secretary Steven Mnuchin said on Thursday.
Apple Inc's new iPhone SE for the budget-conscious is unlikely to be a major driver of sales in China, a Weibo survey suggested, with analysts noting its lacks of 5G capability.
No written budget? Try this simple, old-fashioned plan to get through the coronavirus quarantine with your finances intact. Bonus: an incredible feeling of control.
Santander on Thursday launched a money service app in the United Kingdom that will initially be free of fees for transfers of up to 3,000 pounds ($3,740) due to the coronavirus pandemic as lenders try to fend off competition from start-ups in the payments industry.
Barrick Gold expects a 8.5% drop in first-quarter gold production, it said on Thursday, as the COVID-19 pandemic forced miners to scale back operations and shutdown mines.
The founder and biggest shareholder of easyJet said he would call for the removal of the low cost airline's chief executive and chairman in an escalation of his long-simmering row with management.
Morgan Stanley posted a 32% fall in quarterly profit on Thursday as its advisory and wealth management businesses took a hit from the economic fallout of the COVID-19 pandemic.
Volkswagen Group on Thursday withdrew its outlook for 2020 amid uncertainty related to the coronavirus outbreak which caused operating profit to drop 81% in the first quarter.
Portugal's flag carrier TAP has asked for a state-backed loan to aid the survival of the company, which is at its most fragile since it was founded, board Chairman Miguel Frasquilho said in a parliamentary hearing on Thursday.