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Fairly upbeat U.S. data highlight economy’s resilience

November 19, 2015 by · Leave a Comment 

By Lucia Mutikani WASHINGTON (Reuters) – New U.S. applications for unemployment benefits fell last week while a gauge of U.S. economic activity rebounded in October, signs of a healthy labor market and economy that could give the Federal Reserve confidence to raise interest rates next month. Outside manufacturing, the economy has remained resilient despite faltering global growth. “Business rolls on unperturbed …

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Fairly upbeat U.S. data highlight economy’s resilience

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Dorsey’s Square jumps in market debut, offering hope to startups

November 19, 2015 by · Leave a Comment 

Shares of Square Inc, the mobile payments company co-founded and still run by Twitter Inc Chief Executive Jack Dorsey, rose as much as 64 percent in their market debut, offering hope to tech startups hoping to go public. The steeply discounted price had raised questions about what it could mean for so-called “unicorns” – start-ups worth at least $1 billion – that may …

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Dorsey’s Square jumps in market debut, offering hope to startups