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The Fed cares a lot about jobs data — but it may be getting mixed signals
The Fed cares a lot about jobs data — but it may be getting mixed signals
According to private payroll processor ADP, US employers hired 455,000 new workers in June. Meanwhile, in its monthly tally, the Bureau of Labor Statistics said 105,000 new workers were hired. But for August, the two arrived at similar estimates — ADP reported on Wednesday that 177,000 new workers were added last month, and on Friday the BLS reported 187,000 new hires.
2023-09-04 20:54
'The Equalizer 3' tops the US box office on opening weekend
'The Equalizer 3' tops the US box office on opening weekend
"The Equalizer 3," Denzel Washington's third go as brooding assassin Robert McCall, debuted at the top of the US box office this weekend, raking in $34.5 million.
2023-09-04 22:19
Who was Duvan Perez? Boy, 16, dies of 'injuries sustained in an accident' while working at Mississippi poultry plant
Who was Duvan Perez? Boy, 16, dies of 'injuries sustained in an accident' while working at Mississippi poultry plant
The Occupational Safety and Health Administration and the Labor Department's Wage and Hour Division have opened investigations into the incident
2023-07-20 20:46
Western Digital Begins Volume Shipments of 24TB CMR HDDs; Industry Adoption of SMR Strengthens as 28TB SMR HDD Ramps
Western Digital Begins Volume Shipments of 24TB CMR HDDs; Industry Adoption of SMR Strengthens as 28TB SMR HDD Ramps
SAN JOSE, Calif.--(BUSINESS WIRE)--Nov 16, 2023--
2023-11-16 21:24
US banks say regulators broke law as fight over proposed capital rules escalates
US banks say regulators broke law as fight over proposed capital rules escalates
By Pete Schroeder WASHINGTON (Reuters) -U.S. bank groups on Tuesday accused the Federal Reserve and other regulators of violating federal
2023-09-13 03:49
Analysis-FTC settlement could shelter Amgen from US price cuts, taxes
Analysis-FTC settlement could shelter Amgen from US price cuts, taxes
By Deena Beasley The U.S. Federal Trade Commission's decision on Friday to allow Amgen's takeover of Horizon Therapeutics
2023-09-05 18:19
Xi’s Pitch to Investors Hinges on Revitalizing State-Owned Firms
Xi’s Pitch to Investors Hinges on Revitalizing State-Owned Firms
Beijing is on a mission to revamp its state-owned enterprises, and show the world that investing in President
2023-07-24 08:16
First Republic hit with 1,000 job cuts after California bank was seized and sold to JPMorgan
First Republic hit with 1,000 job cuts after California bank was seized and sold to JPMorgan
About 1,000 employees of First Republic Bank are being let go about a month after it was seized by regulators and acquired by JP Morgan Chase
2023-05-26 23:22
What to expect from the Fed's decision on rates
What to expect from the Fed's decision on rates
The Federal Reserve is expected to announce later on Wednesday that it will raise its benchmark lending rate to the highest level in 22 years.
2023-07-26 20:29
Vietnam's VinFast targets US electric car market
Vietnam's VinFast targets US electric car market
Vietnamese electric vehicle maker VinFast has made its debut on the Nasdaq, and its shares soared to push its stock market valuation past Ford and General Motors...
2023-08-16 17:28
Malaysia’s GDP Grows Faster in Third Quarter, Aided by Spending
Malaysia’s GDP Grows Faster in Third Quarter, Aided by Spending
Malaysia’s economic growth accelerated in the third quarter as consumer spending along with the services and construction sectors
2023-11-17 12:53
Amazon unveils a
Amazon unveils a "smarter and more conversational" Alexa amid AI race among tech companies
Amazon has unveiled a slew of gadgets and an update to its popular voice assistant Alexa, infusing it with more generative AI features amid the heated AI race among tech companies
2023-09-21 02:19