Tag: Economy

Job openings reached a 3 1/2 year low in July, according to the latest data from the Labor Department, indicating slack in the labor market. The Job Openings and Labor

Shares of various companies were active in midday trading. Moderna saw a pullback after a downgrade from JPMorgan, Oracle rose following an increase in revenue outlook, and Aptiv PLC climbed

The relationship between the 10-year and 2-year Treasury yield briefly normalized on Wednesday, reversing a classic recession indicator. Economic news showed a sharp decline in job openings, and dovish remarks

Boeing CFO Brian West expressed concerns about the impact of a labor strike that commenced after workers rejected a new contract and walked off the job. The strike is expected

In August, layoffs reached their highest level in 15 years, according to outplacement firm Challenger, Gray & Christmas. Announced job cuts totaled 75,891 for the month, a 193% increase from

Private sector payrolls saw the slowest growth in over three and a half years in August, with ADP reporting that companies added just 99,000 workers during the month. This figure

Boeing’s stock dropped 4% as factory workers went on strike, impacting the production of various aircraft models. Oracle saw a 6% increase in shares after raising its revenue forecast for

Wall Street is preparing for a significant economic report set to be released by the Labor Department, which could heavily influence Federal Reserve policy moving forward. The consensus among analysts

Alaska Air Group saw a 5% increase in shares after raising its third-quarter outlook due to strong summer demand. The airline now expects earnings per share to be between $2.15

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