Business Archives - Page 3 of 8

Stocks rally after blockbuster Nvidia earnings, jobs report

Thursday, November 20

(NEW YORK) -- Stocks rallied in early trading on Thursday, just hours after blockbuster earnings from chip giant Nvidia and a stronger-than-expected jobs report.The Dow Jones Industrial Average jumped nearly 600 points, or 1.2%, while the S&P 500 climbed 1.8%. The tech-heavy... Read More.

Jobs report blows past expectations, defying hiring slowdown

Thursday, November 20

(NEW YORK) -- Employers hired far more workers than expected in September, defying a sharp slowdown over the summer that appeared to cool off the labor market.The U.S. added 119,000 jobs in September, according to data from the U.S. Bureau of Labor Statistics. That... Read More.

Long-delayed jobs report to show hiring amid wobbly economy

Thursday, November 20

(NEW YORK) -- A long-awaited jobs report to be released on Thursday will offer the latest look at the health of the labor market at a fraught moment for the U.S. economy.Hiring slowed sharply over the summer, before a government shutdown paused the release... Read More.

Nvidia earnings captivate investors as fears of AI bubble grow

Wednesday, November 19

(NEW YORK) -- Financial results to be released on Wednesday by chipmaking-giant Nvidia will be closely watched as a bellwether for the stock market and the overall economy, which have both come to rely on massive spending on artificial intelligence... Read More.

Outage at Cloudflare disrupts access to some popular websites

Tuesday, November 18

(NEW YORK) -- Web infrastructure company Cloudflare said it is experiencing problems across its network on Tuesday, curtailing access to some popular websites."Cloudflare is aware of, and investigating an issue which potentially impacts multiple customers," the company said online at around 7 a.m. ET.Minutes... Read More.

Cash price for popular weight loss drug Wegovy dropping 30% Monday, manufacturer says

Monday, November 17

(NEW YORK) -- The cash price for popular weight-loss medications Wegovy and and the medication authorized for people with type 2 diabetes Ozempic are dropping by 30% in U.S. on Monday, according to Novo Nordisk, the Danish pharmaceutical company that manufactures both drugs.The new... Read More.

Will the rich leave New York City after Mamdani takes office? Experts weigh in

Saturday, November 15

(NEW YORK) -- New York City Mayor-elect Zohran Mamdani, a democratic socialist who says he wants to hike taxes on the rich, set off alarm among some critics about a potential exodus of wealthy people bent on keeping their money out of government coffers.As... Read More.

Starbucks workers strike nationwide in ‘Red Cup rebellion,’ union says

Thursday, November 13

(NEW YORK) -- Starbucks baristas are set to walk off the job in dozens of U.S. cities on Thursday, aiming to galvanize public support and pressure the company on "Red Cup Day," the coffee giant's annual holiday promotion.More than 1,000 Starbucks workers will go... Read More.

Reopening government could avert recession, but risks remain, economists say

Tuesday, November 11

(WASHINGTON) -- The longest government shutdown in U.S. history could end as soon as Wednesday, ultimately putting hundreds of thousands of federal employees back to work, funding food stamps and smoothing out major travel disruptions.The reopening averts a recession that may have come to pass in the... Read More.

What to know about Trump’s promise of $2,000 tariff dividend payments

Monday, November 10

(NEW YORK) -- President Donald Trump over the weekend vowed to provide each American a $2,000 dividend to be distributed from what he said was tariff revenue."A dividend of at least $2000 a person (not including high income people!) will be paid to everyone,”... Read More.

Stocks rise after Senate moves to end government shutdown

Monday, November 10

(NEW YORK) -- Stocks rose in early trading on Monday after the Senate voted hours earlier to advance a potential deal on the government shutdown, which has weighed on economic output and cast uncertainty over markets for well over a month.The Dow Jones Industrial Average jumped... Read More.

Elon Musk awarded nearly $1 trillion pay package by Tesla shareholders

Thursday, November 6

Tesla shareholders awarded CEO Elon Musk a pay package on Thursday that could grant the tech entrepreneur nearly $1 trillion in compensation over the next decade.The pay package would make Musk the best-compensated CEO ever recorded. According to a securities filing in September, Musk... Read More.

Business

Stocks rally after blockbuster Nvidia earnings, jobs report

Jobs report blows past expectations, defying hiring slowdown

Long-delayed jobs report to show hiring amid wobbly economy

Nvidia earnings captivate investors as fears of AI bubble grow

Outage at Cloudflare disrupts access to some popular websites

Cash price for popular weight loss drug Wegovy dropping 30% Monday, manufacturer says

Will the rich leave New York City after Mamdani takes office? Experts weigh in

Starbucks workers strike nationwide in ‘Red Cup rebellion,’ union says

Reopening government could avert recession, but risks remain, economists say

What to know about Trump’s promise of $2,000 tariff dividend payments

Stocks rise after Senate moves to end government shutdown

Elon Musk awarded nearly $1 trillion pay package by Tesla shareholders

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