Unemployment is the lowest since 1974 amid an “alarming” rise in long-term illnesses

Unemployment is the lowest since 1974 amid an “alarming” rise in long-term illnesses

Ggood morning. Unemployment in the UK has fallen to its lowest level in almost 50 years as more Britons leave the workforce. The latest ONS figures showed 3.6 per cent of adults were out of work and looking for work in the three months to the end of July, down from 3.8 per cent in…

Market players are beginning to fear a major policy mistake on the part of the central bank

Market players are beginning to fear a major policy mistake on the part of the central bank

A screen shows the Fed rate announcement as a trader works (inset) on the floor of the New York Stock Exchange (NYSE) in New York, June 15, 2022. Brendan McDermid | Reuters The US central bank struck a hawkish tone last week on fighting inflation through monetary policy, but analysts are concerned about the potential…

Rocket Lab could grow 55% as the startup market leader, Cowen says

Rocket Lab could grow 55% as the startup market leader, Cowen says

Rocket Lab stock is ready to take off, according to Cowen. The firm upgraded the company’s stock to a market outperform rating on Wednesday and raised its price objective to $8.00 from $6.50. The new price target is 55% higher than where the stock is currently trading. “We upgrade RKLB to Outperform for key execution…