The ability of Alphabet Inc.’s advertising business to bounce back amid the pandemic has one analyst hopeful about what’s yet to come. Stifel’s Scott Devitt upgraded Alphabet Inc. stock GOOGL, +1.04% GOOG, +1.00% to buy from hold late Monday, arguing that “the resilience and speedy recovery” of Google’s digital-ad business …
Read More »
The United States labor market continues to claw its way back to normal at a seemingly excruciating pace. The jobs report released Friday morning by the Labor Department shows a gain of 245,000 nonfarm payroll jobs in November with an unemployment rate of 6.7%. In any other year, that report …
Read More »
A restaurant displays a “Now Hiring” sign amid the coronavirus pandemic in Arlington, Virginia. Companies are still hiring more workers, but not as fast as they were during the summer. olivier douliery/Agence France-Presse/Getty Images The numbers: Job openings in the U.S. rose slightly in September and layoffs declined, but hiring …
Read More »
Nursing staff prepare the use of a lung machine for a COVID-19 patient in the dedicated intensive care unit of the university hospital in Essen, western Germany, on October 28, 2020. ina fassbender/Agence France-Presse/Getty Images All across Europe, governments are introducing new measures to fight a second wave of the …
Read More »
Oil futures declined on Wednesday, failing to find support from a hefty weekly drop in U.S. crude supplies and production as output in the Gulf of Mexico has seen a strong recovery from Hurricane Laura. The supply declines from the Energy Information Administration were “not surprising,” as Hurricane Laura caused …
Read More »
Addiction treatments vary with the condition of patients. They come in many shapes and sizes, addressing different dishes to ensure the most effective treatment to the drug abusers. Finding the best in patients’ treatments to address the issue is of supreme importance because it plays a vital role in the …
Read More »
If you really want to call yourself a contrarian investor, it’s time for a hard look at what hasn’t worked so far this year — value stocks and dividend stocks. Value stocks have greatly underperformed growth stocks (especially Tesla Inc. TSLA, +2.72% and the hottest tech names) amid the economic …
Read More »
An alliance of crude producers led by Saudi Arabia is pushing OPEC and its allies to increase oil production starting in August, officials in the group said, amid signs that demand is returning to normal levels following coronavirus-related lockdowns. Key members of the Organization of the Petroleum Exporting Countries and …
Read More »
The U.S. got some great news Thursday with the rehiring of 4.9 million people in June, but the two steps forward the economy took in May and June could be followed by one step back in July. The problem? A resurgence in coronavirus cases, especially in states that allowed their …
Read More »