Jonathan Ponciano, Forbes

Jonathan Ponciano


New York, NY, United States

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Recent articles by Jonathan:

Jobless Claims Hit New Pandemic Low As Number Of Americans Receiving Unemployment Benefits Falls To 3.3 Million

About 290,000 people filed new unemployment claims last week, less than the 300,000 economists were expecting. → Read More

Bitcoin Hits First New Record High In More Than Six Months After Historic Fund Debut

The price of the world's largest cryptocurrency topped $66,000 on Wednesday morning. → Read More

Private Equity Billionaires Henry Kravis And George Roberts Step Down As Co-CEOs Of $430 Billion Powerhouse KKR

The pair of cousins founded KKR roughly 45 years ago. → Read More

SEC Reportedly Probing Archegos For Potential Market Manipulation Before $30 Billion Firesale

Regulators have signaled they want heightened disclosure requirements for under-the-radar family offices. → Read More

Elon Musk's SpaceX Reportedly Lands $100 Billion Valuation In Private Investor Transactions

The valuation marks a 35% increase from the space exploration company's last funding round in February. → Read More

U.S. Labor Market Posts Worst Month Since January As 7.7 Million Americans Remain Unemployed

For a second-straight month, the highly awaited jobs report failed to meet economist expectations. → Read More

Dow Jumps 500 Points After Lawmakers Strike Deal To Raise Debt Limit By $480 Billion And Prevent Unprecedented Default

A looming deadline tanked stocks, but a new deal has fueled a turnaround. → Read More

New Unemployment Claims Finally Fall, But 4.2 Million Americans Are Still Receiving Benefits

New jobless claims totaled 326,000 last week—breaking a three-week streak of unexpected increases. → Read More

McConnell Offers Democrats An Emergency Debt Limit Increase Through December To Avert Historic Default

For weeks, the top Senate Republican has firmly opposed lending a helping hand to Democrats trying to suspend the debt limit. → Read More

Bitcoin Leads Crypto Market Rally, Skyrocketing To Five-Month High After Big Bank Embrace

U.S. Bank says clients are "getting very serious" about cryptocurrencies, while Bank of America says they're "too big to ignore." → Read More

Tens Of Millions Of Americans Could Lose Benefits ‘Overnight’ If U.S. Defaults This Month, White House Warns

Social Security, Medicare, veterans' programs, and housing assistance would be at risk. → Read More

It’s A ‘Gimmick’: Yellen Opposes Minting Trillion-Dollar Coin To Save The United States From Historic Debt Default

The seemingly absurd idea has picked up surprising support as lawmakers reach a perilous standstill on the debt limit. → Read More

Facebook And Apple Plunge Into Correction Territory As Tech Stock Selloff Intensifies

Facebook stock has plunged 15% since an all-time high set last month. → Read More

Elizabeth Warren Calls On SEC To Investigate Fed Officials' 'Ethically Questionable' Trades

The officials' recently unveiled trades "reflect atrocious judgment," the senator said Monday. → Read More

Here’s Why Up To 6 Million Americans Who Lost Covid Unemployment Benefits Likely Won’t Return To Work This Year

A "perfect storm" of labor-market conditions is keeping millions of people out of the workforce, Goldman Sachs estimates. → Read More

Dow Rallies Nearly 500 Points After Merck’s Covid Pill ‘Injects Life’ Into Slumping Stocks

The pharmaceutical giant soared 10% on Friday, helping the Dow reverse massive losses from its down week. → Read More

Moderna Crash Wipes Out $22 Billion In Value After Merck’s Covid Pill Triggers Vaccine Stock Plunge

Moderna tanked 15% Friday, while Novavax and BioNtech sank as much as 18%. → Read More

Dow Plunges 550 Points As D.C. Uncertainty Fuels Stock Market’s Worst Month Of 2021

The Nasdaq and S&P are now down about 5% from all-time highs set earlier this month. → Read More

Dow Tumbles 450 Points As D.C. Uncertainty Fuels Stock Market's Worst Month Of 2021

The Nasdaq and S&P are now down about 5% from all-time highs set earlier this month. → Read More

Here’s How Government Shutdowns Have Impacted The Stock Market—And Why A Debt Limit Showdown Could Be Much Worse

A growing number of experts are warning that the debt ceiling debate in Washington looks riskier than usual. → Read More