The September jobs report was surprisingly strong, and the details show that growth came from many different areas of the economy.The biggest contributions came from leisure and hospitality, with 78,000 new positions, and health care and social assistance, at 71,700. If private education was added to the health care...
The August jobs report came in weaker than expected, and employment growth by different industries showed a mixed bag for the U.S. economy.The growth was led by leisure and hospitality and health care and social assistance, with each category adding more than 40,000 jobs, according to data from the...
These are the stocks making notable moves after the market close on July 18. Netflix — The streaming giant dipped less than 1% after beating estimates on the top and bottom lines for the second quarter. Netflix reported earnings of $4.88 per share on $9.56 billion of revenue. Analysts...
Federal Reserve Chair Jerome Powell said Monday that the central bank will not wait until inflation hits 2% to cut interest rates.Speaking at the Economic Club of Washington D.C., Powell referenced the idea that central bank policy works with "long and variable lags" to explain why the Fed wouldn't...
[The stream is slated to start at 12:30 p.m. ET. Please refresh the page if you do not see a player above at that time.]Federal Reserve Chair Jerome Powell is set to address the Economic Club of Washington, D.C., on Monday as traders look for hints about when the...
Cargo containers sit stacked on ships at the Port of Los Angeles, the nation’s busiest container port, in San Pedro, California, on Oct. 15, 2021.Mario Tama | Getty Images News | Getty ImagesA measure of wholesale prices rose more than expected in June as Wall Street assesses when the...
An Aldi supermarket in Alhambra, California, US, on Thursday, June 27, 2024. Eric Thayer | Bloomberg | Getty ImagesA widely-anticipated inflation report on Thursday may solidify expectations for the Federal Reserve to cut interest rates in coming months.The consumer price index (CPI) report for June is due out at 8:30...
The breakdown of the June jobs report suggests that growth has become increasingly uneven as the labor market shows signs of softening.U.S. nonfarm payrolls grew by 206,000 in June, according to the Labor Department, but the job gains were narrow. Health care and social assistance added 82,400 jobs, while...
Here are the stocks making headlines before Wall Street's opening bell. Solaredge Technologies — The green energy stock fell more than 17% after announcing a new debt offering. Solaredge said it will offer $300 million worth of convertible notes, due 2029. Pool Corp — Shares sank 12.4% after the...
Spencer Platt | Getty ImagesShares of Robinhood rose in extended trading Wednesday afternoon after the retail brokerage announced stronger-than-expected first-quarter results.Robinhood reported net income of $157 million, or 18 cents per share, for the first quarter. That is a positive swing from the same period last year, when the...