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U.S. Hiring Slowed to 175,000 Jobs in April
U.S. employers added a seasonally adjusted 175,000 jobs in April, the Labor Department reported on Friday, less than in March and below what economists had expected. The unemployment rate rose to 3
Here are the moves to make to counter range-bound, choppy markets, says Goldman Sachs
And generally positive on equities is how to describe the Global Opportunity Asset Locator team at Goldman Sachs, led by Christian Mueller-Glissmann. In a note published Friday, they acknowledge that
Three friends bought the Seattle Storm in 2008 for $10 million and vowed to run it like a business. Now the team is worth $151 million
Good morning, Broadsheet readers! Prosecutors aim for a September re-trial of Harvey Weinstein, WNBA ticket sales are up 93% from this time last year, and the owners of the Seattle Storm run their
The job market slowed down way more than expected in April
The unemployment rate increased from 3.8% in March to 3.9% in April. The US also added 175,000 jobs, far below the forecast.
Apple stock pops 6% after results top estimates, company reveals $110 billion buyback
Apple (AAPL) stock rose as much as 6% on Friday after the tech giant reported earnings that beat forecasts, sales that fell less than feared, and announced a new $110 billion share repurchase plan.
Stock Market Today: Apple powers tech; stock gains with jobs data on deck
Apple's better-than-expected earnings and its record $100 billion buyback are pushing stocks higher ahead of today's April jobs report.
Share of gig workers hit a new high in March
A new report by the Bank of America Institute found that the share of bank customers who received income from gig work hit a new high of 3.8% in March after a lull in 2023.
Buying a first home is 'prohibitively expensive' and 'almost impossible' for many, says Janet Yellen
Soaring home prices and surging mortgage rates have ruled out home ownership for many people, said Treasury Secretary Janet Yellen.
Expedia Stock Tumbles as Vrbo Weakness Leads Travel Giant to Lower Its Guidance
Key Takeaways Expedia shares fell early Friday morning after the travel booking company lowered its full-year guidance Thursday.Expedia reported a narrower-than-expected loss for the first quarter,
What to expect from the jobs report
The US job market has been on a roll for the past three years. Some economists even say “it’s as good as it’s ever been.”
Amgen Stock Jumps on Obesity Drug Optimism. What Comes Next.
The company is trying to carve a niche in a rapidly growing obesity-drug market that’s currently dominated by Eli Lilly and Novo Nordisk.
A look at Peloton's rough ride post-pandemic
Barry McCarthy was tapped to lead Peloton in order to right the ship. The past two years have been filled with various cost-cutting measures and efforts to broaden is customer base.
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