UPDATE 1-Fed's Powell calls for broad national drive to full employment

UPDATE 1-Fed's Powell calls for broad national drive to full employment

(Adds analyst comments; market reaction). WASHINGTON, Feb 10 (Reuters) – Invoking post-World War II efforts to reach full employment and pledging continued loose monetary policy to help the process, Federal Reserve Chair Jerome Powell made a broad …
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1299 more COVID-19 cases, 17 deaths reported Wednesday in Utah

Wednesday’s totals give Utah 357,339 total confirmed cases, with 14,007 total hospitalizations and 1,765 total deaths from the disease. There is not a COVID-19 news conference scheduled for Wednesday. Utah Gov. Spencer Cox …
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Dow Jones Today: Stocks Continue Their Rally On Stimulus Hopes, Twitter, Lyft, Cisco And Uber In Focus

U.S. stock futures are trading higher as the global stock market is on track to extend its eight-day rally. Investors are feeling upbeat about corporate earnings and the stimulus relief package. Major Snowstorm hits New York City. NEW YORK, NEW YORK …
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Why DraftKings Stock Soared Today

Shares of DraftKings (NASDAQ:DKNG) have soared today, up by 11% as of noon EST, after ARK Investment Management started accumulating the stock. This was the first time that ARK has invested in the sports betting specialist.
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Amazon will pay $61.7 million to delivery drivers after withholding tips

The money will reimburse Flex drivers whose tips Amazon withheld over the last 2½ years, according to the FTC. Until August 2019, Amazon promised Flex drivers a guaranteed minimum base pay for each order, which …
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