Heating oil costs in the US skyrocketed to a record large for tiny firms and other buyers in the past week. New knowledge from the […]
Tag: record
Nasdaq breaks above 10,000 for the first time as Amazon and Apple hit record highs
The Nasdaq Composite rallied to a record high on Tuesday, briefly breaking above 10,000 for the first time, as traders loaded up on major technology […]
So, we’re officially in a recession. Market response? Dow rises, S&P erases losses, Nasdaq hits record high
Wall Street soared on Monday, brushing aside the news that the U.S. has officially entered a recession. The Dow Jones Industrial Average ended the day […]
Workers without college degree hit hardest by record unemployment
While the April jobs report released Friday was catastrophic by any measure, labor economists say the data reveals the economic fault lines that put America’s […]
GDP falls by 4.8 percent, bringing longest economic expansion on record to abrupt halt
The coronavirus pandemic has slammed into the economy so hard the nation’s GDP has fallen by 4.8 percent, bringing the longest economic expansion on record […]
A record 6.6 million Americans filed for unemployment last week
A record 6.6 million Americans filed for unemployment benefits last week, the latest brutal reminder of the toll the coronavirus pandemic is taking on the […]
Apple fined record $1.2 billion by French antitrust authorities
Apple was fined 1.1 billion euros ($1.23 billion) for anti-competitive behavior Monday by the French antitrust authorities. The French competition authority said the iPhone maker […]
With mortgage rates at record lows, banks and brokers scramble to deal with refinancing rush
The country’s volatile stock market has a silver lining for homeowners — record low rates. Wall Street investors buying up bonds and Treasury bills have […]