Articles by Nikhil Kumar

Initial Jobless Claims Fall To 49-Year Low

The labor department said initial claims for state unemployment benefits dropped 13,000 to a seasonally adjusted 199,000 for the week ended Jan. 19 -- the lowest since mid-November in 1969.

US Will Clock 2.6% Growth In 2019: IHS Markit

The U.S. economy will be more resilient than other major global economies as it benefits from fiscal stimulus measures of the previous year, Nariman Behravesh, chief economist at IHS Markit, has said.


Red Bull Cans

Here's How Dietrich Mateschitz Made His Fortune

Dietrich Mateschitz has a net worth of $27.3 billion. He discovered a drink in Thailand in mid-80s and found out it can cure his hangover. He talked to the founders and invested $500,000 to tweak...