LOL Markets: Blackberry Shares Jump 28%
The company says it has no idea why its shares are surging.

The company says it has no idea why its shares are surging.
The Dallas Fed’s survey registered the eigth consecutive month of growth in January but the pace of expansion slowed significantly.
A squeeze in the housing market as buyers seek homes and homeowners hold on despite skyrocketing price gains.
Republicans could not muster one vote against Yellen in the Senate Finance Committee.
Single-family home construction is up 28 percent compared with a year ago.
Nearly 2 million people came off the unemployment rolls as the year started, largely because their benefits ran out.
Wall Street had a very good year in 2020.
The latest suspenion will extend the coronavirus student loan holiday to 18 months.
Big tech, digital media, automakers, and home builders rise while financials decline on inauguration day.
Janet Yellen’s nomination marks a break with historical norms, even though few in Washington, D.C. seem to have noticed.
A stark contrast with the bitter, partisan, bruising hearings Trump’s nominee faced four years ago.
Compensation at Goldman Sachs jumped 8% in a year when millions of Americans lost their jobs and the economy contracted.
Gensler sought to rein in the derivatives business but was largely thwarted by Wall Street.
The surprising truth about which retailers thrived and which were crushed during the pandemic year.
Democrats are feeling very hopeful about the future while Republican expectations have fallen.
Sales in U.S. stores fell far more than economists had expected.
Biden asks for money for state and local governments rather than direct stimulus payments or programs to fight the pandemic.
Trump was lambasted for criticizing the Fed. But as he leaves office, it’s clear Trump won his fight over monetary policy.
That is far above expectations for 800,000 claims.
The company’s political spending already overwhelmingly supported Democratic candidates.
After months of falling prices and depressed demand, prices in many apparel categories rose for the second consecutive month in December.
With the exception of March and April of this year, Novembr is the worst month on record for layoffs in hotels and restaurants.
Restaurants, bars, and hotels led the way as the labor market weakened in November.
A historically very large drop in optimism as businesses lost confidence in the 2021 economy.
Big businesses are flexing their political muscles by freezing contributions.
Banks threaten to blacklist politicians who challenged Joe Biden’s certification last week.
The major indexes closed at all-time highs on Friday and show solid gains for the new year.
Stocks turned negative after Manchin dismissed the idea of supporting another round of stimulus payments.
Economists had forecast an addition of 50,000 jobs and a slight rise in the unemployment rate to 6.8 percent.
Nasdaq, Dow, and S&P 500 all hit new records Thursday.