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The most recent jobs report came in this morning and once again, workers are the winners. The economy added 201,000 new jobs, while the June-July number was revised down by 50,000 to 147,000. All that said, unemployment is still down to levels not seen since the 1960s. And while wage growth rose as well, it’s
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When a biotech stock shoots up 37.5% on a day when most biotech stocks are dropping it’s certainly worth taking a look at. So what happened with Arrowhead Pharmaceuticals Inc. (NASDAQ:ARWR) stock? ARWR announced that it will present new clinical data at a World Gastroenterologists Summit, and the markets responded positively to encouraging clinical results from
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The annual Labor Day holiday once more has come and gone, a sign that summer is on its way out and school is just getting started for another year. Very few of us remember that Labor Day actually used to mean something to the trades, but now it’s just another holiday. Heck, President Trump decided
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Home Depot (NYSE:HD) is the largest home-improvement retailer in the U.S., with a market cap of $236 billion. That makes it a bellwether for the housing sector as well as the consumer sector. If the housing market is strong, people are moving and renovating. If the consumer sector is strong, they’re upgrading their appliances and
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U.S. stock futures are slumping this morning. The Commerce Department reported that non-farm payrolls increased by 201,000 in August. The unemployment rate came in at 3.9%. Still, trade concerns along with weakness in the tech sector are weighing on market sentiment. Congress has indicated it may work against any North American trade deal that doesn’t include
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Check out the companies making headlines after the bell: Five Below shares jumped more than 7 percent in after-hours trading after the company reported strong second-quarter earnings. The discount retailer reported earnings per share of 42 cents, higher than the 38 cents expected by analysts. The company reported $348 million in revenue, beating analysts’ estimate
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Wall Street may be whirling about Facebook and Twitter’s brushes with Congress, but CNBC’s Jim Cramer doesn’t believe the hype. “I’ve got a sneaking suspicion that the so-called experts who bloviate about the death of advertising on the web don’t actually, you know, communicate on the web,” the “Mad Money” host said Thursday. Cramer argued
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