Brian Jacobsen, chief economist with Annex Wealth Management, joined Cheddar News to discuss the positive sessions for the stock market as investors were optimistic of a debt ceiling deal ahead of the June 1 deadline.
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The Week's Top Stories: Retail Rebound, Booster Shots, T-Mobile Hack
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
In Unfriendly Skies, Unruly Passenger Fines Top $1 Million
The number of incidents involving unruly airline passengers is growing, and so are the fines imposed by federal safety officials.
Stocks End Higher on Wall Street, Still Post Weekly Losses
Stocks ended higher on Wall Street Friday but not enough to erase the market’s losses from earlier in the week.
Facebook Launches Virtual-Reality Work App
Facebook is trying to pull in workplace users with a new virtual-reality app called Horizon Workrooms.
Another Choppy Day on Wall Street Ends With Indexes Mixed
Wall Street closed out another choppy day of trading Thursday, leaving the major stock indexes on pace for a weekly loss.
U.S. Jobless Claims Hit a Pandemic Low as Hiring Strengthens
The number of people seeking unemployment benefits fell last week for a fourth straight time to a pandemic low.
Mask Shortage Concerns Emerge as COVID Delta Variant Explodes
The question facing mask-makers now is whether they can keep up with the combined demand of consumers, hospital systems, and now schools, many of which are reopening in September with mask mandates for their students.
Data of More Than 40 Million Exposed in T-Mobile Breach
The names, Social Security numbers and information from driver’s licenses or other identification of just over 40 million people who applied for T-Mobile credit were exposed in a recent data breach, the company said Wednesday.
U.S. Stocks Take a Late Turn Lower, Marking 2nd Straight Loss
Stocks took a late turn lower on Wall Street, ending with their second straight loss.
