Jobless claims — aka layoffs — rise to 238,000 and stay near one-year high
Three states, New York, New Jersey and California, accounted for most of the increase
Three states, New York, New Jersey and California, accounted for most of the increase
U.S. businesses add a modest 150,000 new jobs in June, paycheck company ADP said, to mark the smallest increase in five months, possibly another sign the labor market is cooling.
Hedge funds in June sold off tech stocks at their fastest rate on record. This sell-off has limited the potential for a crash, JPMorgan said.
Citi just downgraded Charter’s stock, warning that estimates could be too high.
Shares of Nvidia Corp. are growing increasingly disconnected from the average stock in the S&P 500, prompting one analyst to quip that the chip designer is starting to behave like its own asset class.
The brewer of Modelo Especial is still expecting sales to grow 6% to 7% in fiscal 2025.
About 160 million of us are still working for The Man.
U.K. pharmaceutical giant GSK said the deal gives it the rights to develop, manufacture and commercialize messenger RNA-based candidate vaccines for flu and COVID-19.
Meta’s big-spending ways may seem “akin to throwing a bunch of paint at a canvas,” but a Bernstein analyst sees a more positive perspective as well.
NeuroSense Therapeutics Ltd.’s stock rose 6.5% Tuesday, as analysts cheered data from the biotech’s late-stage trial of a treatment for the fatal disease amyotrophic lateral sclerosis, or ALS.
Southwest Airlines Co. said Wednesday its board is adopting a limited-duration shareholder rights plan that is effective immediately and will expire in one year.
Shares of Intuitive Machines Inc. continued their rally Wednesday as the space-exploration company’s next mission moon mission edges closer.
“Our annual expenses are $105,000 and that includes travel, entertainment and maintenance.”
Mortgage applications fell 2.6% in the last week, the Mortgage Bankers Association said.
Nouriel Roubini, the economist who is nicknamed “Dr. Doom” for his often-gloomy predictions, says a Trump win could spark a stock-damaging trade war.
Oil futures were trading near unchanged early Wednesday after giving back earlier gains sparked by industry data showing a large drop in U.S. crude inventories.
“I wrote to the airline to explain what had happened and asked for a refund of my miles.”
The Irish company, which is listed on London’s AIM, is set to be fully-acquired by the Swedish private equity firm in a deal worth £2.2 billion
The tariff plan proposed by former President Donald Trump would lead to five extra rate hikes from the Federal Reserve, according to Goldman Sachs chief economist.
The gorgeous West Village property is in a prime location, with views of the river and the Empire State Building.