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Stocks Climbing Back Up After Strong Jobs Report. What Happens If The Economy Grows Too Quickly?

Stocks Climbing Back Up After Strong Jobs Report. What Happens If The Economy Grows Too Quickly?

The Dow Jones Industrial Average (INDEXDJX: DJI) at one point climbed more than 300 points Friday morning following a surprise increase in the US Jobs Report. After a tumultuous pandemic year in which the unemployment rate ballooned to 14.8%, unempl..

What the Latest Unemployment Report Can Tell You About the Economy

What the Latest Unemployment Report Can Tell You About the Economy

The latest Unemployment Rate Report, released on July 6th, by the Labor Department, showed 213,000 jobs added last month, which surpassed economists' expectation of 200,000. Meanwhile, there was an increase in the unemployment rate from 3.8..

AMC Entertainment Holdings Inc to Open First Cinema in Saudi Arabia

AMC Entertainment Holdings Inc to Open First Cinema in Saudi Arabia

Saudi Arabia’s Ministry of Culture and Information announced on Wednesday that it granted the first cinema operating license to AMC Entertainment Holdings Inc (NYSE: AMC). In a decision in December, the Ministry of Culture and Information anno..

U.S. Weekly Jobless Claims Increase Slightly

U.S. Weekly Jobless Claims Increase Slightly

The number of Americans filing for unemployment benefits rose slightly last week, but it still suggested that labor market is still strong.Initial claims for unemployment benefits increased by 3,000 to a seasonally adjusted 229,000 in the week ended..

Gun Stocks Fall After Dicks’ Announcement to Stop Selling Assault Rifles

Gun Stocks Fall After Dicks’ Announcement to Stop Selling Assault Rifles

Dick’s Sporting Goods Inc. (NYSE: DKS), one of the largest U.S. sporting goods retailers, announced that it will stop selling assault style rifles in its stores. The announcement caused gun and ammunition manufacturers stocks to plummet on Wed..