Editor’s Picks

Nonfarm Jobs Rise By 49,000, But Pandemic Continues To Hammer Economy

Nonfarm Jobs Rise By 49,000, But Pandemic Continues To Hammer Economy
Nonfarm Jobs Rise By 49,000, But Pandemic Continues To Hammer Economy
February 05, 2021  |  Economy

The U.S. unemployment rate fell slightly in January to 6.3 percent as nonfarm payroll employment changed little, rising by 49,000, according to the figures released...

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Costco Racks Up Stimulus Spend; Research Shows High-Income Consumers Will Save
Costco Racks Up Stimulus Spend; Research Shows High-Income Consumers Will Save
February 04, 2021  |  Economy

There were all kinds of questions in the public sphere as the second round of stimulus checks went out in early 2021. Would consumers actually spend them...

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Hoteliers’ Woes Help Address Affordable Housing Challenge
Hoteliers’ Woes Help Address Affordable Housing Challenge
February 04, 2021  |  Real Estate

Developers in parts of the country are buying distressed hotel properties at huge discounts and converting the buildings into relatively inexpensive housing, CNBC reported. Get...

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Report: Price Of Jumia Technologies Expected To Soar In 2021
Report: Price Of Jumia Technologies Expected To Soar In 2021
February 04, 2021  |  Cross-border Payments

Analyses of investor sentiment and other factors point to the price of Nigeria-based online marketplace Jumia Technologies soaring through 2021 and beyond, London Loves Business...

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Peloton Records First $1 Billion Quarter; Allocates $100 Million For Delivery Issues
Peloton Records First $1 Billion Quarter; Allocates $100 Million For Delivery Issues
February 04, 2021  |  Earnings

With its key performance indicators sprinting ahead of the pack, Peloton’s delivery issues continue to drag on the connected fitness company’s performance. As detailed on...

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US Charges CEO Of GBC Capital In $1.8 Billion Ponzi-Like Fraud
US Charges CEO Of GBC Capital In $1.8 Billion Ponzi-Like Fraud
February 04, 2021  |  Cybersecurity

Federal prosecutors in New York announced Thursday (Feb. 4) in a press release the indictment of three people linked to private equity firm GPB Capital...

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Sen. Romney Seeks Roughly $3K In Annual Payments To Many Families
Sen. Romney Seeks Roughly $3K In Annual Payments To Many Families
February 04, 2021  |  Economy

U.S. Sen. Mitt Romney (R-Utah) is proposing that the federal government provide an average of $3,000 per year for most households through an initiative that...

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FTC 2020 Data Shows Consumer Fraud Hit 2.2 Million
FTC 2020 Data Shows Consumer Fraud Hit 2.2 Million
February 04, 2021  |  Cybersecurity

The Federal Trade Commission (FTC) received more than 2.1 million fraud reports from consumers in 2020, according to new data released by the agency on...

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