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US jobless claims fall to their lowest since 1973

The number of Americans filing new applications for unemployment benefits last week dropped to its lowest level in more than 41-1/2 years, suggesting the labor market maintained a sturdy pace of job growth in July.  

July 2: Top News From The Market

U.S. job growth likely cooled a bit in June after reaching a five-month high, but still-healthy hiring could suggest the labor market is strong enough to support an earlier Fed rate hike. Economists estimate that non-farm payrolls rose 230,000 last month after May’s 280,000 jump, the largest gain since December. The unemployment

Recent Analysts Top Initiations

Analysts at Mizuho Securities initiated coverage on Google Inc (NASDAQ: GOOG) with a Neutral rating. The target price for Google is set to $595. Google shares closed at $535.23 yesterday.   Analysts at Evercore ISI initiated coverage on Community Healthcare Trust Inc (NYSE: CHCT) with a Buy rating. The target price for

Auto Insurance Quotes Come To Google Compare Service

California drivers shopping for auto insurance online can now receive USAA rate quotes and coverage information in their Google search results through the Google Compare service that debuted in March 2015.   USAA is piloting the program in California in an effort to explore new ways to reach more of the estimated

5 simple rules for investing in an IRA

Investing for retirement doesn’t have to be complicated. One way to make it easier is to set aside money each year in an IRA. An IRA offers tax advantages that, over time, can help you accumulate more money for when you’re no longer working. Here are five simple rules to manage your

Create a financial safety cushion

The question isn’t whether you should have money set aside in case of an emergency. Sooner or later, you’re going to be faced with financial obligations you didn’t see coming The real questions are: How much money should you have on hand, and where should you keep it? How much is enough?

The power of compounding your investment

To reap the most benefit from your investments, you need to start saving now. If you’re patient and disciplined, your money can work for you and make a real difference in your account balance over time. The key is the power of compounding, the snowball effect that happens when your earnings generate even

What is a mutual fund?

Think of a mutual fund as a collection of stocks or bonds with something in common By investing in a mutual fund, you’re essentially pooling your money with other investors to access a broader range of stocks or bonds than most people could own by themselves. Every mutual fund reflects a particular investment objective and

Options Trading Strategy: Bull Call Spread

The bull call spread option trading strategy is employed when the options trader thinks that the price of the underlying asset will go up moderately in the near term.Bull call spreads can be implemented by buying an at-the-money call option while simultaneously writing a higher striking out-of-the-money call option of the same underlying security and

Earnings Report: Zynga, Qualcomm, F5 Networks, Yum! Brands

Zynga (ZNGA $3.03 -0.32) reported first quarter earnings of $0.01 per share, excluding non-recurring items (Co guided to ($0.05)-(0.04) on Feb 5), $0.05 better than the Capital IQ consensus of ($0.04), while revenues fell 17.9% year/year to $263.6 million versus the $264.77 million consensus. Co issued downside guidance for the second quarter