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Invesco Global Market Strategist Brian Levitt joins Yahoo Finance’s Kristin Myers to discuss the May jobs report, after the economy unexpectedly added 2.5M jobs in May and unemployment fell to 13.3%....
Dr. Adhanom noted that masks aren’t the only way that the public should be protecting themselves against the virus. ...
In early March it became abundantly clear that the novel coronavirus was no longer a hoax and sent the economy into a free fall. General Electric (NYSE:GE) faced the brunt of this fallout, with GE stock declining 45% since the start of the year.Source: Sundry Photography / Shutterstock.com With the aviation industry in turmoil, the spillover effects were felt by General Electric's airline production sector, leaving many to question the future of the industrial conglomerate. While the optics may not look too good for the company at the moment, it is still worth the investment in the long-term. Travel Decline Impacts GE StockPrior to the pandemic, General Electric was well-positioned to gain from a prosperous financial year. The company had big plans to increase its current earnings and free cash flow (FCF) -- both now remain a distant dream.InvestorPlace - Stock Market News, Stock Advice & Trading TipsOn Thursday, May 11,...
May's jobs numbers left economists' jaws on the floor. Here's a roundup of what someone of them said about the unexpected gains....
(Bloomberg) -- Boeing Co. is heading for its best week in more than two months as surprise job gains and airline bookings signal that demand for air travel -- and jetliners -- is poised to recover from a historic plunge.The U.S. planemaker’s status among investors has recently flipped to darling from market pariah, although analysts caution that Boeing still faces formidable challenges. Those range from a festering U.S. trade war with China, a soaring debt load and the long-grounded 737 Max jetliner, which the company is trying to return to service this year.But with passengers tiptoeing back to airline flights, investors are discarding some of the gloom from earlier this year when the Covid-19 pandemic spurred airlines to park thousands of planes. American Airlines Group Inc. extended gains Friday after a record advance a day earlier spurred by an upbeat July flight schedule. And an unexpected gain in U.S. payrolls is...
