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Stock futures dip slightly ahead of November jobs report as omicron concerns loom

An exchange trader is a person who works at the New York Stock Exchange’s trading floor in New York. This was Nov. 30, 2021. Michael Nagle | Xinhua News Agency | Getty Images As the markets near the close of an intense week driven by Covid Omicron variant development, stock futures fell slightly in overnight […]

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NASA private space station contracts: Blue Origin, Nanoracks, Northrop

Concept art for a space station called “Starlab”. Nanoracks NASA granted contracts to three private companies in order to build space stations as part of its preparations for retirement. Jeff Bezos’Blue Origin Northrop GrummanThe agency announced that Nanoracks and e-commerce company Nanoracks received a total of $415.6 millions under NASA’s Commercial LEO Destinations project (CLD). […]

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SEC issues final regs that allow it to delist foreign companies that don’t comply with audit rules

Gary Gensler, Chairman of U.S. Securities and Exchange Commission, (SEC), addresses a Senate Banking, Housing and Urban Affairs Committee hearing, Washington, D.C., U.S. on Tuesday, September 14, 2021. Bloomberg | Bloomberg | Getty Images If U.S. regulators don’t comply with auditor requests to obtain information, foreign public companies may be delisted.  Today, the Securities and […]

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CEOs across economy agree on one big 2022 prediction: More volatility

CEOs in the entire economy believed that 2022 would be a good year before Covid’s omicron-based variant. Do they believe so? Recent survey by the Business Roundtable revealed confidence about the outlookbut it was done before any cases of omicron were discovered. On Wednesday, as the first omicron case in the U.S. was revealed in […]

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Kroger, Boeing, Dollar General and more

An umbrella-wielding shopper walks toward a Kroger Co. supermarket in Louisville Kentucky on Sunday April 26, 2020. Stacie Scott | Bloomberg | Getty Images You can see the top companies in Thursday’s midday trading. Kroger — Shares of Kroger ran up 12.5% after the grocery chain posted a better-than-expected quarterly report. On revenue of $31.86 […]

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These ultimate reopening plays could bounce again, but this trade is not for the faint of heart

Norwegian Dawn, a cruise ship from Norway arriving at Marseille in France on July 27, 2021 LightRocket | SOPA Images | LightRocket | Getty Images The most severely affected names in the market have been shares of consumer stocks that depend on a continuing reopening. They could see the greatest pop, if this threat is […]

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U.S. weekly jobless claims less than expected as labor market returns to pre-pandemic self

The Labor Department reports that initial claims for unemployment insurance increased last week, but they remained at levels comparable to how the U.S. job market was before the Covid-19 pandemic. The 222,000 first-time filings in the week ending Nov. 27, were lower than Wall Street’s 240,000 expectations. Although this was greater than the 194,000 for […]