Private payrolls rose by 278,000 in May, well ahead of expectations, ADP says
The U.S. labor market posted another month of surprising strength in May as companies added jobs at a pace well above expectations.
How inflation and higher interest rates have reshaped car buying for many Americans
Rate hikes have many Americans lowering their buying expectations or fixing their current car or truck instead of purchasing a replacement.
UAW union outlines lofty demands ahead of critical negotiations with Detroit automakers
UAW leaders publicly laid out their top bargaining issues, including a cost-of-living adjustment, job security and the end of a tiered pay system.
FDA approves Pfizer RSV vaccine for older adults
The approval of a vaccine by Pfizer targeting RSV comes just weeks after the Food and Drug Administration cleared a similar shot made by GSK.
American Airlines plans to appeal ruling that blocks JetBlue partnership, CEO says
A federal judge ruled earlier this month that the airlines’ partnership in the region is anticompetitive and ordered the airlines to cease the alliance.
Salesforce raises guidance but sees pressure as customers back away from big consulting deals
Salesforce raised its full-year guidance and reported an earnings and revenue beat, but capital costs were higher than expected.
The ‘great resignation’ — a trend that defined the pandemic-era labor market — seems to be over
The rate at which workers quit their jobs has declined to pre-pandemic levels as the labor market has gradually cooled.
OpenAI is pursuing a new way to fight A.I. ‘hallucinations’
AI hallucinations occur when models like OpenAI’s ChatGPT or Google’s Bard fabricate information entirely.
Needham says this premium pasta sauce company could rally more than 20%
Needham initiated a buy rating on Rao’s parent company, Sovos Brands, saying the pasta sauce brand could become a $1 billion company.
