Jonathan Ponciano
Forbes
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