Latest in Jobless claims slide to 7 month low. Businesses not cutting many jobs.
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Jobless claims slide to 7-month low. Businesses not cutting many jobs.
The number of Americans who applied for unemployment benefits in the week before the Thanksgiving holiday dipped to a seven-month low in a sign of strength for a steadily expanding U.S. economy.Business - MarketWatch - 3 hours ago -
Jobless claims drop to 7-month low as economy plows ahead
he number of Americans who applied for unemployment benefits last week fell to the lowest level in seven months, reflecting steady growth in the economy and the need for most businesses to remain ...Business - MarketWatch - 6 days ago -
US applications for jobless benefits fall to 213,000, remaining near 7-month lows
The number of Americans applying for unemployment benefits fell again last week, remaining near seven-month lowsTop stories - ABC News - 6 days ago -
Inside Goldman Sachs’ years-long power struggle over its China venture
A deal with a prominent Chinese banker gave the US group market access, but securing full control cost a lot more than it expectedBusiness - Financial Times - November 14 -
Chicago business-activity index drops to five-month low in October
Index falls to 41.6, falling short of 46.8 consensus forecast.Business - MarketWatch - October 31 -
Novavax’s stock slides 7% as guidance cut offsets narrower-than-expected third-quarter loss
Novavax Inc.’s stock fell 4% Tuesday after the company cut its full-year guidance, offsetting a narrower-than-expected third-quarter loss and better-than-expected revenue.Business - MarketWatch - November 12 -
Jobless claims retreat for third straight week, hit lowest level since May
Initial jobless claims fell by 12,000 to 216,000 in the week ending Oct. 26, compared with economists’ expectations that claims would rise to 230,000.Business - MarketWatch - October 31 -
Jobless claims inch higher in latest week
Claims tick up 3,000 to 221,000 after three weeks of declinesBusiness - MarketWatch - November 7 -
Jobless claims fall to lowest level since May
Companies may not be hiring at the same pace as earlier in the year — but they are also not firing workers.Business - MarketWatch - November 14 -
No mojitos and no lights: Cuba’s tourism industry fights losing battle
Power cuts and shortages of basic items plague Communist-ruled island’s vital sectorWorld - Financial Times - 4 days ago -
Ex-Barclays chief John Varley pulled back into fight to clear bank’s name
Financial Conduct Authority fined lender £50mn over 2008 emergency fundraisingWorld - Financial Times - 4 days ago -
Ford to cut 4,000 jobs in Europe
Headcount reduction comes as industry faces pressure over EV switch and competition from ChinaBusiness - Financial Times - November 20 -
Thyssenkrupp Steel to Cut 11,000 Jobs
The workforce will be reduced by 40% through job cuts, outsourcing and business sales. There are 27,000 jobs in production and administration.Business - The Wall Street Journal - 2 days ago -
Oil prices end higher on surprise fall in U.S. crude supply, rise in gasoline demand
Oil futures finished higher Wednesday, with official U.S. data showing a surprise decline in crude supplies in the latest week and strength in gasoline demand, prompting prices to post their first ...Business - MarketWatch - October 30 -
Ford’s troubles continue. Its stock price slumps as automaker plans job cuts
Ford outlined plans to lay off 4,000 employees in the U.K. and Germany in response to a series of losses it blamed on unprecedented competitive, regulatory and economic headwinds in Europe’s car ...Business - MarketWatch - November 20 -
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Lenovo IdeaPad 5x 2-in-1 Review: Too Many Corners Cut
This convertible laptop cuts too many corners to make for a worthwhile buy, even at its discounted price.Tech - Wired - November 16 -
Bond traders shake off weak jobs report, send 10-year Treasury yield to 4-month high
Long-dated Treasury yields ended at their highest levels since early July on Friday as traders looked past October’s nonfarm-payrolls report, which came in well below expectations.Business - MarketWatch - November 1 -
Southwest Offers Buyouts and Blames Boeing for Job Cuts
The embattled carrier will lay off airport workers in several locations as it cuts flights due to a shortage for Boeing 737 aircraft.Business - Inc. - November 12 -
Job cuts 'inevitable' over £30m university deficit
Dundee University has told staff it faces "an extremely challenging period" for the higher education sector.Top stories - BBC News - November 14 -
UK’s largest retailers warn Reeves her Budget makes job cuts ‘inevitable’
Retail firms have written to the chancellor to say they cannot manage rising costs and tax bills.Top stories - BBC News - November 19 -
Bosch to Cut Thousands of Jobs as Auto Woes Intensify
Bosch said it expected to cut 3,500 jobs in its cross-domain computing solutions division by 2027. Subdued car sales and intense competition have hit earnings at carmakers.Business - The Wall Street Journal - 5 days ago -
Layoffs in 2024: A List of Companies Cutting Jobs This Year
The layoffs are expected to be smaller and more targeted than those in 2023.Business - The Wall Street Journal - 4 days ago -
Wholesale inventories fall for first time in six months in sign of business caution
Wholesale inventories fell 0.2% in September to mark the first decline in six months, reflecting caution on the part of businesses until they get more clarity on the direction of the U.S. economy.Business - MarketWatch - November 7 -
Builder-confidence index jumps to 7-month high after Trump win
Builder sentiment increased to the highest level since April, the National Association of Home Builders said.Business - MarketWatch - November 18 -
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Kennedy’s Views Mix Mistrust of Business With Unfounded Health Claims
President-elect Donald J. Trump’s pick for health secretary opposes fluoride in water, promotes unproven Covid therapies and has threatened to prosecute medical journals.Health - The New York Times - November 16 -
The IRS refuses COVID claims, leaving small businesses in limbo
The IRS has delayed processing of properly submitted ERTC claims, leaving small businesses in the dark and owed over $100 billion, while the Biden administration has not addressed the wider issue ...Politics - The Hill - 6 days ago -
Inflation ticked up as voters cast ballots, but price growth for many basics holds steady
Price growth ticked higher in October as voters began casting ballots in a presidential election in which economic concerns played a big role.Top stories - NBC News - November 13 -
Businesses warn Labour’s £25bn ‘tax on jobs’ will hurt hiring
Companies criticise rise in employers’ national insurance contributionsBusiness - Financial Times - October 30 -
'A coding Mozart': Boy, 7, gets job offer from Russian IT firm
The software company's boss said Sergey, who teaches coding in online videos, was 'a kind of Mozart'Top stories - BBC News - November 18 -
'Many dark times': How this startup founder overcame self-doubt and started a $100-million-a-year business
Jeffrey Tiong, the founder and CEO of Patsnap, a IP and R&D intelligence startup, says an investor once told him he was "not fit to be CEO."Business - CNBC - November 13 -
Trump victory drives gold to near 2-month lows as investors pile into equities, cryptocurrencies
The recent slide — gold has declined in six of the seven sessions since Trump's victory — follows a series of record-breaking milestones for bullion over the past year.Business - CNBC - November 14 -
New-home construction falls to three-month low as high rates and hurricanes impact builders
Construction on new U.S. homes fell 3.1% in October, the Commerce Department said Tuesday.Business - MarketWatch - November 19 -
Japan exports rise more than expected in October, rebounding from 43-month low
Japan's trade deficit expanded to 461.2 billion yen ($2.98 billion), compared to September's revised figure of 294.1 billion yen.Business - CNBC - November 20 -
MMA star Conor McGregor says sexual assault claim is 'full blown lie among many lies'
Mixed martial arts star Conor McGregor has testified that he had consensual sex with a woman who is suing him for sexual assault and claimed she had told nothing but liesSports - ABC News - November 13
