Weekly jobless claims jump to 242,000, more than expected in latest sign of economic softening

Inflation could continue to be ‘persistent’ and prices could potentially increase again, Federal Reserve Governor Adriana Kugler told CNBC’s Silvia Amaro.

European stocks were higher on Friday, as markets in the region reopened following a closure for the Christmas holiday.

A couple of catalysts could spell substantial gains for Cloudflare over the next several months, according to Goldman Sachs.