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Alba Iulia
Sunday, January 17, 2021

Economy

Jobless Numbers: 965,000 new claims as COVID-19 pressures labor market

The federal jobless claims numbers are out and it shows 965,000 new applications were filed for unemployment benefits last week — an unexpected surge as the coronavirus kept the labor market under pressure. The...

US loses 140,000 jobs in December

Employers in the US shed 140,000 jobs last month while the unemployment rate remained steady at 6.7 percent, per the Bureau of Labor Statistics. The closely watched jobs report was the lowest since April, when...

Bitcoins tumble after reaching all time high

The price of Bitcoin plummeted on Monday after experiencing a rally in cryptocurrency. Bitcoin tumbled about 17 percent to $28,154.11 in early-morning trading just a day after it surged to a new all-time...

Contactless delivery reaches a milestone in the US

 Before 2020, contactless delivery was a term only used in small niches of big-box retail to save staff hours. Customers could order something online and pick it up through an app-connected locker system installed at the front...

Lack of Additional stimulus checks cause Wall St. gains to stumble

Gains made from Wall Street’s main indexes record highs tumbled in volatile trading on Tuesday as investors worried the Senate may not quickly pass the $2,000 pandemic relief check to help jobless Americans. Senate Majority...

Dow dips on rising pandemic rates

The Dow Jones and S&P 500 both dipped on Monday following a record-setting session as traders worried about rising coronavirus cases and searched for clues on additional fiscal aid. The 30-stock Dow closed 148.47 points lower,...

Wall Street continues to rally into December

US stocks continue to climb toward new records as Wall Street looked to keep its historic November rally going into the end of 2020. On Tuesday futures contracts tied to the Dow Jones...

Asian stocks tumble due to unease with vaccine development

Asian stock markets tumbled as questions about the effectiveness of one possible coronavirus vaccine weighed on investor optimism. Stock markets in Tokyo, Hong Kong, Seoul and Sydney retreated while Shanghai gained. Investors have been...

Dow surges past 30,000 mark for the first time in history

The Dow Jones industrial average surged past the 30,000 mark for the first time in history on Tuesday as Wall Street reacted to a peaceful transfer of power in Washington. The blue-chip index was...

Due to COVID-19 pandemic, U.S. Seafood Industry Flounders

The ongoing coronavirus pandemic is putting a hurt on the seafood industry, finds the largest study of COVID-19 on U.S. fisheries, which suggests that American fishmongers may flounder – or go belly up – without more government...
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Chipotle And The Shawn Mendes Foundation team up to launch sustainability grants

Chipotle Mexican Grill has partnered with Shawn Mendes and the Shawn Mendes Foundation to launch "Wonder Grants" supporting young...
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Jobless Numbers: 965,000 new claims as COVID-19 pressures labor market

The federal jobless claims numbers are out and it shows 965,000 new applications were filed for unemployment benefits last week — an...

BREAKING: House impeaches US President Trump for 2nd time for inciting ‘insurrection’

The House of Representatives voted Wednesday to impeach President Donald Trump on charges he incited an "insurrection" at the U.S. Capitol a week ago.

Showbiz: Filmmaker Zane Hubbard is making diversity in the film industry the “New Norm”

Filmmaker, actor, scriptwriter, writer, and the CEO of Ironbeard Films, Zane Hubbard is a man of many hats including excelled in harnessing his...

Banks and other business cut ties with Trump on eve of impeachment

Over the past 24 hours, Deutsche Bank and Signature Bank have made the decision to end their business relationships with US President...