Weekly jobless claims fall by 3,000 to 183,000 Continuing claims decrease by 11,000 to 1.655 million Productivity accelerates at a rate of 3.0% in the fourth quarter Unit labor costs increase at a rate of 1.1% WASHINGTON, Feb 2 (Reuters) – The number of Americans filing new claims for unemployment benefits fell to a nine-month …
US weekly jobless claims fall to nine-month low; productivity speeds up Read More »
WASHINGTON, Jan 31 (Reuters) – Tesla Inc (TSLA.O) disclosed on Tuesday that the U.S. Justice Department had sought documents related to its self-driving (FSD) and Autopilot assistance systems as the regulatory scrutiny intensifies. The automaker said in a filing that it “has received requests from the DOJ for documents related to Tesla’s Autopilot and FSD …
The loss in 2022 exceeds the previous record of 2008 Inflation and geopolitical tensions remain risk factors Oil and gas industry record cash inflow OSLO, Jan 31 (Reuters) – Norway’s wealth fund, one of the world’s largest investors, posted a record 2022 loss of 1.64 trillion kroner ($164.4 billion), ending a three-year streak of soaring …
Norwegian fund posts record loss of $164 billion Read More »
SINGAPORE, Jan 30 (Reuters) – Oil prices fell on Monday, abandoning earlier gains as global producers this week are likely to keep output unchanged at a meeting this week and investors are cautious ahead of a Reserve meeting federal government which could stimulate market volatility. . Brent crude futures fell 20 cents, or 0.2%, to …
Oil drops ahead of OPEC+ and US Federal Reserve meetings Read More »
https://tmsnrt.rs/2zpUAr4 The Fed increased by 25 basis points this week, the ECB and the BOE by 50 basis points Tech giants top earnings results China splits shares as holiday travel surges SYDNEY, Jan 30 (Reuters) – Asian stocks turned wary on Monday ahead of a week that is certain to see interest rates rise in …
Asian stocks turn wary as rates rise and earnings languish Read More »
GDP is expected to increase by 2.6% in the fourth quarter Strong consumer spending observed; other sectors to contribute Weekly jobless claims expected to rise moderately WASHINGTON, Jan 26 (Reuters) – The U.S. economy likely maintained a healthy pace of growth in the fourth quarter as consumers increased their spending on goods, but momentum appears …
Strong US economic growth expected in the fourth quarter, darkening outlook Read More »
Jan 25 (Reuters) – Tesla Inc’s (TSLA.O) aggressive price cuts have boosted demand for its electric vehicles, Chief Executive Elon Musk said on Wednesday, downplaying fears a weak economy could strangle the buyer interest. The company slightly beat Wall Street’s fourth-quarter revenue and profit targets earlier on Wednesday despite a sharp decline in vehicle profit …
Musk says Tesla price cuts sparked demand, 2023 sales could reach 2 million vehicles Read More »
SEC investigates NYSE bell opening issue 3M slips on pessimistic forecast for the first quarter J&J comes across a sell warning; GE down on weak earnings Microsoft to release quarterly results after market close Indices: Dow up 0.18%, S&P 500 down 0.13%, Nasdaq down 0.25% NEW YORK, Jan 24 (Reuters) – Wall Street was mixed …
Wall Street falters after mixed earnings and trade glitch Read More »
Baker Hughes stumbles upon missing fourth-quarter earnings estimates Activist investor Elliott Management takes stake in Salesforce Tokens on track for biggest daily gain since November Indices up: Dow 0.98%, S&P 1.41%, Nasdaq 2.09%, NEW YORK, Jan 23 (Reuters) – Wall Street surged on Monday, led by tech stocks as investors embarked on an earnings-heavy week …
Wall Street surges, propelled by the technological rebound Read More »
Jan 23 (Reuters) – Spotify Technology SA said on Monday it planned to cut 6% of its workforce and would take a related charge of up to nearly $50 million, adding to massive layoffs across the technology sector in preparation for a possible recession. The tech industry is facing falling demand after two years of …
Spotify to cut 6% of its workforce in latest tech layoffs Read More »