05Jan

Analyst: Don't Buy The Hype On Palantir's AI Advantage

<p><strong>Palantir Technologies Inc (NYSE:PLTR)&nbsp;</strong>is 1.8% lower to trade at $15.86 this morning, after Jefferies downgraded the stock to "underperform" from "hold." The Wall Street analyst said the company's near-term&nbsp;<strong><a href="https://www.schaeffersresearch.com/content/news/2023/08/31/analyst-is-palantir-stock-the-right-ai-play" target="_blank">artificial intelligence (AI)</a></strong> lead is overhyped, and PLTR's resulting surge on the charts puts it at "unsustainable valuation levels."</p> <p>Options...

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05Jan

Jobless rate for Black Americans declines to 5.2% to end 2023 on a positive note

A networking and hiring event for professionals of color in Minneapolis, MN. Michael Siluk | Getty ImagesThe unemployment rate for Black Americans fell significantly in December, closing out 2023 on a positive note, according to data released Friday by the Department of Labor.Black Americans, the group with the highest jobless percentage...

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05Jan

Radio shows surprising resilience in changing media world

Airline passengers between flights patronize the iHeartRadio facility at Denver International Airport in Denver on Jan. 19, 2014.Robert Alexander | Archive Photos | Getty ImagesIt's a familiar refrain: "Legacy media is dead" — unless you're talking about radio.Despite being one of the oldest media formats, dating back to the...

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05Jan

Payrolls increased by 216,000 in December

The U.S. labor market closed out 2023 in strong shape as the pace of hiring was even more powerful than expected, the Labor Department reported Friday.December's jobs report showed employers added 216,000 positions for the month while the unemployment rate held at 3.7%. Payroll growth showed a sizeable gain...

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