Scoops
Posts
Daily Scoop 12-9

Daily Scoop 12-9

👋 Your Thursday Scoops - Starbucks union & GameStop's turnaround

December 09, 2021

View this email in your browser

Today's Scoop:Tired

Big Picture

Weekly layoffs have dropped to their lowest level in over 50 years.
Companies have been stepping up diversity commitments.
Workers are using the labor shortage to fight for better pay & benefits.

The Market

⬇️

-0.7%

S&P 500: 4,667.45

1Mo:

| 1Yr:

+27%

| 5Yr:

+107%

Markets faded lower today after three days of gains. Investors are gearing up for an important update on inflation tomorrow. The Labor Department will release November's consumer price index, which will be an important data point for the Federal Reserve as they evaluate stimulus policy next week. Layoffs continue to decline to historic lows. Weekly initial unemployment claims fell to the lowest level in over 50 years.

Company Scoops ❤🌎💰

(Click to dig in & vote your reaction, see how others feel)

Starbucks

workers vote on union

GameStop's

still making the turn

McDonald's

puts $250M behind diversity

Roku

finds a truce with YouTube

Microsoft's

immigrant discrimination

(These links only work for 24 hours while the story is live)

🤓 Inside Scoop...

The S&P 500 is an index that tracks the value of the biggest 500 public companies in the US. The actual number isn't as significant as the direction it moves. It helps us understand whether America's biggest corporations are growing. Daily fluctuations are very normal.