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4 numbers that explain the wild market in 2021
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| From the start, it was clear that 2021 was going to be a different kind of year for markets. After the tumult of 2020, investors were feeling euphoric, betting that the availability of Covid-19 vaccinations would unlock a huge economic rebound that would send stocks soaring. Read more » |
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Airline cancellations could get worse this weekend
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| Airline cancellations are surging Thursday for a seventh straight day and threaten to throw off weekend flights home for holiday travelers. Read more » |
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A key unemployment measure hasn't been this low in 52 years
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| America's latest report on unemployment benefits is proof that the US jobs recovery is still in full-swing. Read more » |
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SenseTime rallies in Hong Kong trading debut after delay forced by US sanctions
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| SenseTime rallied in its Hong Kong debut Thursday, as it tried to move past a politically-fraught month that forced the Chinese artificial intelligence startup to delay its initial public offering. Read more » |
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JetBlue is canceling 1,280 flights as Omicron cases surge
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| JetBlue Airways is reducing its schedule by about 1,280 flights from Thursday through January 13 because a growing number of crew members are falling sick from Covid infections. Read more » |
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Didi revenue falls as China's regulatory crackdown hits business
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| China's ride-hailing firm Didi Global on Wednesday reported a 1.7% decline in third-quarter revenue, as its domestic business took a hit from a regulatory crackdown. Read more » |
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