Minneapolis Fed President Neel Kashkari said Friday the surprisingly weak April job report was an example of how far the economy is from full employment.
The Dow turns higher early Friday after opening in negative territory and the technology-laden Nasdaq Composite rose firmly, even as the nonfarm payrolls report for April came in at a fraction of some bullish estimates, raising questions about the timing and pace of the labor-market rebound from COVID.
U.S. Treasury yields were bouncing off their lows on Friday after a jobs report came in well below expectations, drawing puzzlement from analysts who had predicted the U.S. economy would add a million new jobs in April.
Nothing quite prepares you for losing a spouse or life partner. Here’s a guide to a few legal and financial moves to take care of yourself and your loved ones.
People’s perception of how much of a risk COVID-19 poses continues to influence their decision-making even as vaccination rates improve, a new poll shows.
The executive instrumental in making Alphabet’s Google the largest global corporate buyer of renewable energy is now looking to propel the nation’s fleet vehicles — from buses to long-haul trucks to delivery vans — onto an electrical grid that will need a major update.
IAC/InterActiveCorp. topped quarterly earnings expectations Thursday, with its Vimeo business posting accelerating revenue growth amid continued demand for video software during the pandemic.
Paramount+ is doubling down on movies, adding 1,000 more films to the streaming service next month, and averaging a new original movie every week in 2022.
Shares of Roku Inc. jumped 9% in after-hours trading Thursday after the streaming company delivered better-than-expected results for its first quarter and issued an upbeat outlook for the current period.
AMC Entertainment Holdings Inc. lost more than half a billion dollars in the first three months of the year while reopening almost all of its U.S. theaters, but executives see brighter days ahead and the stock gained 3% in after-hours trading Thursday after eight straight days of declines.
Peloton Interactive Inc. executives expect to take a financial hit from the recall of its treadmills, but they believe continuing strong demand for the company’s exercise bikes and the clearing a delivery backlog should come close to papering over the shortfall.
Chinese electric-vehicle company NIO will make a landmark move later this year by pushing into its first market outside of China, the company said on Wednesday.