Tag: Breaking News: Markets
Top Job Opportunities for August 2024: A Comprehensive Chart
The latest jobs report for August showed weaker than expected results, with a mixed bag of employment growth across different industries in the U.S. Leading the growth were leisure and
DetailBoeing workers reject contract and prepare for strike in overwhelming vote
Over 30,000 Boeing workers were poised to go on strike on Friday, bringing most of the company’s aircraft production to a halt following the rejection of a new labor contract
DetailStocks moving significantly after hours: Adobe, RH, Oracle
Shares of Adobe tumbled more than 10% after the company provided weaker-than-expected guidance for its fiscal fourth quarter. The software company projected revenue between $5.50 billion and $5.55 billion, falling
DetailAugust 2024 Jobs Report: Latest Updates and Analysis
The U.S. economy added slightly fewer jobs than anticipated in August, signaling a slowdown in the labor market and potentially paving the way for the Federal Reserve to reduce Interest
DetailWhy Airline Ticket Prices are on the Rise
Airlines are seeing improved unit revenues as summer wraps up, indicating that customers can expect higher prices for flights in the coming months. Alaska Airlines raised its third-quarter profit outlook
DetailAmerican Airlines flight attendants approve new contract with significant salary increases
American Airlines flight attendants have approved a new five-year labor deal, bringing an end to a contentious contract negotiation. The agreement includes raises of up to 20.5% for cabin crews
DetailMidday Stock Market Update: Kroger, Petco, Moderna, and Roku Stocks Soaring
Shares of Kroger, the supermarket chain, surged over 4% in midday trading following the release of their mixed fiscal second-quarter results. Despite revenue falling short of expectations, Kroger reported adjusted
DetailBerkshire Hathaway Stake Dump: Ajit Jain Sells Off Over Half of Holdings
Ajit Jain, Warren Buffett’s insurance chief and top executive, recently sold more than half of his stake in Berkshire Hathaway, according to a new regulatory filing. The 73-year-old vice chairman
DetailWholesale Prices Increase by 0.2% as Expected
Wholesale prices increased in August, aligning with expectations, marking the final Inflation data point ahead of the Federal Reserve’s anticipated interest rate cut. The producer price index (PPI), a gauge
DetailTop Stock Picks: ALLY, LUV, ORCL and More for Long-Term Investors
Ally Financial shares dropped by 17.6% after the CFO mentioned increased credit challenges in the third quarter, particularly in auto loans for retail customers. On the positive side, Mission Produce
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