Bad news is good news, as long as it isn’t too bad.
Category: Finance News
Unemployment among Hispanic workers rises at faster pace in October than overall rate
The labor market showed deterioration for Hispanic workers, whose unemployment rate rose more than average in October.
Matthew Perry reportedly got $20 million a year in ‘Friends’ residuals. Here’s who may get them now
Matthew Perry was still bringing in as much as $20 million a year in syndication income from ‘Friends.’ Experts explain what could happen to that money now.
U.S. payrolls increased by 150,000 in October, less than expected
Nonfarm payrolls were expected to grow by 170,000 in October, according to a Dow Jones consensus estimate.
Goldman Sachs says the Israel-Hamas war could have major implications for Europe’s economy
The Israel-Hamas war could significantly impact economic growth and inflation in the euro zone unless energy prices remain contained, Goldman Sachs says.
Stocks making the biggest moves before the bell: Fortinet, Block, Expedia, Apple and more
These are the stocks posting the largest moves in premarket trading.
Deutsche Bank and UniCredit back $4.5 billion insurance startup Wefox with $55 million in fresh funds
Wefox, which sells insurance plans online, raised $55 million in debt financing from Deutsche Bank and Unicredit, sources familiar with the matter told CNBC.
Elon Musk says AI will eventually create a situation where ‘no job is needed’
The billionaire technology leader said late Thursday that AI will have the potential to become the “most disruptive force in history.”
One paycheck not enough: Digital bank Current finds almost half its customers have multiple jobs
The need for second — and often third — incomes is mounting, according to Current CEO Stuart Sopp.
Stocks making the biggest moves after hours: Apple, Live Nation, Insulet, Paramount Global, Expedia and more
These are the stocks posting the largest moves in extended trading.