US STOCKS-Nasdaq hits all-time high as holiday buying begins

[ad_1] (For a live Reuters blog on the US, UK, and EU stock markets, click LIVE / or type LIVE / in a news window.) (Market close updates, date changes, byline) NEW YORK, Nov. 27 (Reuters) – Wall Street shares rose and the Nasdaq closed at an all-time high on Friday in a short holiday … Read more

Target offers full week of e-sales for shoppers avoiding in-store purchases during coronavirus

[ad_1] Spotlight Asset Group CIO Shana Sissel, Rosecliff Ventures Founder Mike Murphy and Seventh Capital Managing Principal Monica Mehta in Current Markets and Consumer Confidence. One day for cyber deals? Target says he’s offering seven. The big box retailer’s move will help it capitalize on the growing number of shoppers who have relied on the … Read more

U.S. air travel peaked after March the day before Thanksgiving

[ad_1] Despite warnings from public health officials, more people in the United States embarked on Thanksgiving Eve than on any day since March, as part of a larger increase in travel that comes amid a sharp increase in Covid-19 cases. According to figures from the Transportation Security Administration, 1,070,967 people passed through TSA checkpoints on … Read more

Here are the main reasons why bitcoin prices are dropping

[ad_1] A new record for bitcoin is going to have to wait, if at all. Bitcoin BTCUSD price, -1.78% BTCUSD, -1.78% Friday were hit, pushing the cryptocurrency into corrective territory, commonly defined as an asset’s decline from a recent high of at least 10%. In the last check, Bitcoin changed hands on CoinDesk, down 2.4%, … Read more

Hiring frenzy used to meet extreme demand

[ad_1] An Amazon.com Inc. employee prepares an order in which the buyer has requested that an item be packaged at a fulfillment center in Shakopee, Minnesota, United States, November 12, 2020. Amazon.com Inc | Reuters Black Friday is about to kick a holiday season like no other into high gear. The pressure is on for … Read more

India suffers from first recession in decades

[ad_1] Official data released on Friday showed gross domestic product for the July-September quarter fell 7.5 percent from the same period last year, when the economy grew by more than 4 percent. This follows a record drop of almost 24% in GDP during the April-June period, the first quarter of India’s fiscal year. “In order … Read more