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JPMorgan says emerging markets are ‘under owned,’ stocks could rally as much as 20%

JPMorgan says emerging markets are 'under owned,' stocks could rally as much as 20%
SINGAPORE — JPMorgan says stocks in emerging markets may rise as much 20% in 2021 after being largely ignored by investors this year. "I think emerging markets are very under owned as we see in the markets rally," Joyce Chang, chair of global research at...

Christmas tree sales are telling a holly, jolly economic story

John Williams, left, and his dad Terry, right, both of Salem, carry a large Christmas Tree out of the field together at Tucker Tree Farm in Salem, Oregon, November 29, 2020. Alisha Jucevic | Reuters Tree retailers are having a spirited season this year, as Americans...

Stocks making the biggest moves after hours: Ulta Beauty, DocuSign, Cloudera & more

Stocks making the biggest moves after hours: Ulta Beauty, DocuSign, Cloudera & more
Fans gather at local Ulta Beauty in Houston to greet Kylie Jenner at the launch of her cosmetics line on November 18, 2018 in Houston, Texas. Rick Kern | Getty Images Check out the companies making headlines after the bell:  DocuSign — Shares of DocuSign popped 6%...

California to impose regional stay-at-home order to ease Covid hospitalizations, governor says

California to impose regional stay-at-home order to ease Covid hospitalizations, governor says
California governor Gavin Newsom Rich Pedroncelli | Pool | AP California will impose a limited stay-at-home order on certain regions of the state where Covid-19 cases are placing a strain on intensive care units, Gov. Gavin Newsom announced Thursday. The state will be split into five regions...

Southwest Airlines warns it could furlough 6,800 employees to cut costs

Travelers wearing protective masks cross a street outside a Southwest Airlines Co. check-in area at Oakland International Airport in Oakland, California, U.S., on Monday, Oct. 19, 2020. David Paul Morris | Bloomberg | Getty Images Southwest Airlines on Thursday said it could furlough more than 6,800...

Covid has accelerated the adoption of online food delivery by 2 to 3 years, Deliveroo CEO says

Covid has accelerated the adoption of online food delivery by 2 to 3 years, Deliveroo CEO says
Deliveroo CEO Will Shu. Aurelien Morissard | IP3 | Getty Images LONDON — The coronavirus pandemic has accelerated the adoption of online food delivery apps by two to three years, according to the chief executive of takeaway app Deliveroo. "Our initial analysis suggests that Covid-19 has accelerated...

Stocks making the biggest moves in premarket: Express, Tesla, Snowflake, CrowdStrike & more

Stocks making the biggest moves in premarket: Express, Tesla, Snowflake, CrowdStrike & more
Check out the companies making headlines before the bell Thursday: Express (EXPR) — Shares of Express tanked 25% after the retailer reported a wider-than-expected earnings loss. Express said it lost $1.39 per share in the third quarter, versus an estimated loss of 51 cents per...

Jobless claims hit pandemic-era low as hiring continues even with rising Covid cases

Jobless claims hit pandemic-era low as hiring continues even with rising Covid cases
New jobless-claim filings last week reached their lowest level of the pandemic crisis, providing a news24nation that hiring is continuing if at a slower pace. First-time claims for unemployment benefits totaled 712,000 last week, compared with 787,000 a week earlier and the Dow Jones estimate...

Warren Buffett’s Berkshire Hathaway will hold its May annual meeting virtually again

Warren Buffett's Berkshire Hathaway will hold its May annual meeting virtually again
Warren Buffett during an interview with CNBC's Becky Quick on February 24, 2020. Gerry Miller | CNBC Berkshire Hathaway said Thursday it will hold its annual shareholder meeting virtually in May. "Unfortunately, we do not currently believe it will be safe at that time to hold a...