Initial claims for state unemployment benefits totalled a seasonally adjusted 963,000 for the week ended August 8, compared to 1.191 million in the prior week, the Labor Department said on August 13. That was the lowest level since mid-March when authorities started shutting down non-essential business to slow the spread of coronavirus. Economists polled by Reuters had forecast 1.12 million applications in the latest week. … [Read more...] about US weekly jobless claims fall below 1 million, but labour market recovery faltering
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“Without placing a clear value judgment on the aesthetics of this particular composition, it appears to be designed to offend the least amount of people. The one thing it says loud and clear is ‘I’m risk averse,’ and perhaps that’s exactly what the people in Wisconsin, Michigan, Pennsylvania, Arizona, and Florida, etc., are looking for right now? I’d be surprised if Biden’s opponents have much to say about his campaign identity, and perhaps that’s precisely the point?”—Scott Starrett, founder, Tandem NYC, which developed Alexandria Ocasio-Cortez’s campaign branding … [Read more...] about Experts weigh in on the Biden-Harris logo: ‘It could be scribbled on a napkin and I’d be happy’
MFs also exited nine stocks in the month gone by. These are Aarti Surfactants, Bhageria Industries, Borosil Renewables, Clariant Chemicals (India), Consolidated Construction Consortium, Dhampur Sugar Mills, Flora Textiles, Geojit Financial Services and Monte Carlo Fashions, said Dolat Capital. … [Read more...] about Mutual funds bought 10 stocks and exited 9 in July, do you own any?