Shares of gig economy companies popped this week as Uber, Lyft, DoorDash and Airbnb posted quarterly reports that showed strong demand.Story Published at: August 05, 2022 at 11:20PM
Gig economy stocks pop after companies show strong demand for their services
SpaceX raises another $250 million in equity, lifts total to $2 billion in 2022
Elon Musk’s SpaceX raised $250 million in a July equity round, the company disclosed in a securities filing on Friday.Story Published at: August 05, 2022 at 08:53PM
New York polio case is the ‘tip of the iceberg,’ hundreds of others could be infected, health official says
New York’s top health official warned the polio case in an unvaccinated adult and the detection of the virus in sewage could indicate there’s a larger outbreak.Story Published at: August 05, 2022 at 06:41PM
More Americans are working part-time — a potential harbinger of future jobs market instability
“Involuntary part-time workers,” those in part-time positions for economic reasons, increased by a seasonally-adjusted 303,000 in July. Story Published at: August 05, 2022 at 09:33PM
A Harvard nutritionist shares the No. 1 vitamin that keeps her brain ‘young and healthy’—and foods she eats ‘every day’
B vitamins strengthen the brain, and they’re easy to absorb from your daily diet, according to Harvard nutritional psychiatrist Uma Naidoo. She shares e B vitamin-rich foods she eats every daily for to keep her brain young and healthy.Story Published at: August 05, 2022 at 02:33PM
Early retiree’s net worth is down over $200,000 since 2021, but he’s not going back to work: ‘That is the worst-case scenario’
Steve Adcock, who retired in 2016 at 35, won’t return to a full-time job or pick up a side hustle, though his net worth is down: “That’s never entered my head even a little bit.”Story Published at: August 05, 2022 at 03:30PM
Twitter-Musk drama escalates as both sides hurl claims of bad behavior in new filings
Elon Musk and Twitter will head to court in Delaware on Oct. 17, and in the meantime are continuing their attacks. Story Published at: August 05, 2022 at 11:03PM
Danger ahead: The U.S. economy has yet to face its biggest recession challenge
You’d be hard-pressed now to find a recession in the rearview mirror. What’s down the road, though, is another story.Story Published at: August 05, 2022 at 09:31PM
European stocks close lower after strong U.S. jobs report; Rheinmetall down 12%
European markets closed lower on Friday afternoon after a key U.S. jobs report showed unexpected strength in the labor market.Story Published at: August 05, 2022 at 04:35PM
Payrolls increased 528,000 in July, much better than expected in a sign of strength for jobs market
Nonfarm payrolls were expected to increase 258,000 in July, according to Dow Jones estimates.Story Published at: August 05, 2022 at 01:35PM