SAN FRANCISCO (KRON) – On today’s edition of Rob Black’s Winners and Losers, our financial expert Rob Black and KRON4’s Darya Folsom talk about the strong labor market in the U.S.
Initial claims for state unemployment benefits dropped 41,000 to a seasonally adjusted 220,000 for the week ended Jan. 13, the lowest level since February 1973.
Apple, which has come under major criticism for building much of its popular products in China, announced a sweeping set of moves partially tied to the recent tax bill, including paying $38 billion in taxes from profits made overseas and opening another corporate campus.
Netflix’s original content like Stranger Things will allow it to raise prices more than expected. Morgan Stanley reiterates its overweight rating for Netflix shares, citing the economies of scale from its large subscriber base.WHAT OTHERS ARE CLICKING ON:
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