• Sep 05, 2024

S&P 500 futures pare some losses after jobless claims data

Futures tied to the S&P 500 pared some losses after a less-than-expected rise in weekly jobless claims calmed some worries over a cooling labor market. Data showed the number of Americans filing new applications for unemployment benefits came in at 227,000 for the week ended Aug. 31, compared with estimates of 230,000 as per economists polled by Reuters. On the flip side, ADP National Employment data showed private employers hired the fewest number of workers in 3-1/2-years in August and data for the prior month was revised lower.

  • Sep 05, 2024

How To Earn $500 A Month From Smith & Wesson Brands Stock Ahead Of Q1 Earnings Report

Smith & Wesson Brands, Inc. (NASDAQ:SWBI) is set to release earnings results for its first quarter, after the closing bell on Thursday, Sept. 5. Analysts expect the Maryville, Tennessee-based company to report a quarterly loss at 2 cents per share, versus a year-ago profit of 7 cents per share. Smith & Wesson Brands projects to report quarterly revenue of $102.53 million for the quarter, according to data from Benzinga Pro. On June 20, Smith & Wesson reported quarterly earnings of 45 cents per s

  • Sep 05, 2024

Lula’s Green Fuel Law Favors Farmers Over Oil Giant Petrobras

(Bloomberg) -- New legislation in Brazil is set to support farmers by pushing additional demand toward biofuels — and away from the fossil fuels produced by state-controlled oil giant Petroleo Brasileiro SA. Most Read from BloombergHow Air Conditioning Took Over the American OfficeThe Outsized Cost of Expanding US RoadsHong Kong’s Arts Hub Turns to Selling Land to Stay AfloatAt its final stages in Congress, the “Fuel of The Future” bill from President Luiz Inacio Lula da Silva’s government creat