U.S. payrolls increased by 216,000 in December, much better than expected
Nonfarm payrolls were expected to increase by 170,000 in December, according to a Dow Jones consensus estimate.
Friday’s jobs report will be a big signal for a market looking for good news
When the December jobs report is released Friday morning, markets will be looking for a number that hits a sweet spot.
What Harvard University President Claudine Gay’s resignation means for future applicants
The latest upheaval at one of the nation’s top colleges adds more uncertainty to an admissions process that was already in flux.
Ford reports 7.1% increase in U.S. new vehicle sales as industry marks best year since 2019
Ford’s U.S. sales increased about 7% last year, marking the automaker’s best sales since 2020 but coming in lower than the overall industry’s growth.
Private payrolls added 164,000 in December, beating expectations, ADP says
Private payrolls increased by 164,000 for the month, a substantial rise from the downwardly revised 101,000 in November.
Walgreens stock plunges after drugstore chain slashes quarterly dividend nearly in half
Walgreens cut its dividend to 25 cents per share to “strengthen [its] long-term balance sheet and cash position,” said CEO Tim Wentworth.
‘Mag 7’ becomes the ‘Lag 7’: Traders are wondering what’s wrong with the tech market leaders
Mega-cap tech stocks such as Apple suffered a sharp drop to kick off the new year.
Fed officials in December saw rate cuts likely, but path highly uncertain, minutes show
The Federal Reserve on Wednesday released minutes from its Dec. 12-13 policy meeting.
State Capitol buildings evacuated after bomb threats
The state Capitol complexes in Georgia, Kentucky, Mississippi and Michigan were evacuated Wednesday after bomb threats were made, officials said.
Job openings nudged down in November, down to lowest in more than two years
The JOLTS report showed employment listings nudged lower to 8.79 million, about in line with the Dow Jones estimate for 8.8 million.
