A Zeekr 001 electric vehicle (EV) by Geely is seen displayed at the Zeekr booth during a media day for the Auto Shanghai show in Shanghai, China April 19, 2021.Aly Song | ReutersChinese electric vehicle maker Zeekr priced its initial public offering at $21 a share Thursday, at the top...
Year: 2024
Weekly jobless claims jump to 231,000, the highest since August
Initial filings for unemployment benefits have hit their highest level since late August 2023, a potential sign that an otherwise robust labor market is changing.Jobless claims totaled a seasonally adjusted 231,000 for the week ending on May 4, up 22,000 from the previous period and higher than the Dow Jones...
Stanley Druckenmiller gives Biden’s economic policies an ‘F,’ blames the Fed for reigniting inflation
Reckless government spending enabled by the Federal Reserve is hurting average Americans and endangering President Joe Biden's chances at getting reelected, billionaire investor Stanley Druckenmiller said Tuesday.During an appearance on CNBC's "Squawk Box," the head of Duquesne Family Office who made his name betting against the British pound in the...
Equinox launches $40,000 membership to help you live longer
High-end fitness chain Equinox is launching one of the most expensive gym memberships in the world — a $40,000-per-year program aimed at improving overall health and longevity.Equinox is teaming up with lab-test startup Function Health to launch "Optimize by Equinox," a personalized health program that includes everything from personal training...
Dozens of former employees plan to sue Bowlero alleging discrimination after EEOC closes case, lawyer says
Dozens of former employees who say they were fired from Bowlero based on their age or out of retaliation plan to sue the bowling chain after the U.S. Equal Employment Opportunity Commission closed its case against the company, the attorney representing the claimants said Monday.Bowlero, the world's largest owner and...