Saying “people are ready to travel,” Airbnb Inc. on Thursday reported continued resilience in its business, posting higher first-quarter revenue and increased gross bookings than expected, but with a larger-than-expected $1.2 billion loss.
Many workers in states that are cutting benefits ‘will be desperate to keep body and soul together,’ said Stephen Wandner, a senior fellow at the National Academy of Social Insurance
Mixing doses of COVID-19 vaccines increases the risk of mild to moderate side effects when compared with administering two shots of the same vaccine, according to a U.K. trial.
Federal Reserve Gov. Christopher Waller said he was surprised by weak hiring and high inflation readings in April, but he joined a chorus of senior central bank officials who say the the economy still needs lots of help.
Shares of Ventas Inc. surged Thursday, after KeyBanc Capital analyst Jordan Sadler swung to bullish from bearish, citing the “convincing turn in fundamentals” in the company’s senior housing portfolio.
Some of the largest U.S. banks plan to start sharing data on customers’ deposit accounts as part of a government-backed initiative to extend credit to people who have traditionally lacked opportunities to borrow.
Crypto platform Coinbase Global is set to issue highly anticipated quarterly results Thursday after the close of regular trading. Here’s what analyst are expecting.
Tech shares are paring gains at midday Thursday, but U.S. stocks are trading higher a day after hot inflation data sent the Dow Jones Industrial Average down for a third day to its biggest one-day loss since January.
Applications for U.S. unemployment benefits fell last week to a fresh pandemic low, reflecting more aggressive efforts by companies to hire new workers amid a rapid economic recovery. Initial jobless claims in the states dropped by 34,000 to 473,000.
Massive amounts of often unexpected federal stimulus are about to hit local jurisdictions. Here are four things city officials and public-finance observers will be watching for.