Latest in U.s Job Growth
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Kuaishou Posts Profit, Revenue Growth, Meeting Estimates
The Chinese short-video app operator reported in-line results on advertising strength, even as it continued to face challenges in its e-commerce business.Business - The Wall Street Journal - Yesterday -
STMicroelectronics Sees Slowing Sales and Profit Growth
STMicroelectronics delayed a key sales target it hoped to hit much earlier, and cut its gross margin forecast, as the chip inventory glut that has plagued the industry in recent years continues to ...Business - The Wall Street Journal - Yesterday -
Volunteering rate sees record growth: Survey
The volunteering rate among Americans rose 22 percent from 2021 to 2023, representing a record expansion of formal volunteering over a two-year period, according to a new study. The study from ...Politics - The Hill - Yesterday -
Nvidia’s dizzying growth is now everyone’s business
Chip giant’s earnings are a big event for US equity investors, and not just because of its $3.6tn heftBusiness - Financial Times - 23 hours ago -
Zurich Insurance Targets Higher Earnings Growth
The insurer said it was targeting annual core earnings growth of more than 9% as part of its new three-year plan to 2027, after benefiting from a better-than-anticipated market.Business - The Wall Street Journal - 16 hours ago -
How Bluesky, Alternative to X and Facebook, Is Handling Growth
The fledgling social media site has been flooded with new users since the election. It hasn’t all been easy.Tech - The New York Times - 4 days ago -
Is the US jobs market still booming?
Market Questions is the FT’s guide to the week aheadWorld - Financial Times - October 27 -
Homebase collapses into administration with 2,000 jobs at risk
Homebase enters administration, but The Range buys up to 70 stores and the brand.Top stories - BBC News - November 13 -
Matt Gaetz Is the Perfect Man for the Job
Trump’s choice to lead the Justice Department is a flagrant provocation that is, like a pulpy B movie, so bad it’s good.Top stories - The New York Times - 6 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 - Yesterday -
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IMF warns on China's property market worsening as it cuts country's growth outlook
In a report published Tuesday, the IMF trimmed its forecast for growth in China for this year to 4.8%, 0.2 percentage points lower than in its July projection.Business - CNBC - October 23 -
WPP returns to sales growth but warns over economic uncertainty
Advertising agency’s revenues rise in US and Europe but fall more than a fifth in ChinaBusiness - Financial Times - October 23 -
One of our stocks is holding back the Dow as the S&P 500 and Nasdaq bounce back
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.Business - CNBC - October 24 -
Bank of Canada resorts to jumbo rate cut as growth falters
Slowdown prompts shift to 50bp reduction, with rate-setters saying borrowing costs are likely to fall furtherWorld - Financial Times - October 23 -
Silicon Valley’s General Catalyst raises $8bn in global push
New money is the largest sum raised by a venture capital firm in more than 2 yearsBusiness - Financial Times - October 24 -
Unilever reiterates 2024 outlook after third-quarter sales growth
Unilever on Thursday reiterated its 2024 outlook after reporting underlying sales growth of 4.5% in the third quarter.Business - MarketWatch - October 24 -
My fiscal rules will provide the stability on which growth depends
Britain faces a choice between investment or declineBusiness - Financial Times - October 24 -
Growth hit by freeze on tax thresholds, says BoE official
‘Tax-bracket creep’ has hit middle earners hardest, warns Catherine Mann ahead of a likely Budget extensionBusiness - Financial Times - October 24