US stocks open lower as upbeat jobs report dampens rate-cut hopes
Wall Street opened lower on Friday as stronger-than-expected U.S. job growth and a drop in the unemployment rate signaled resilience ...
Tag: jobs
Job data suggests ‘soft landing’ is increasingly likely, economists say
Luis Alvarez | Digitalvision | Getty ImagesThe U.S. economy inched closer to a so-called "soft landing" after a new batch ...
US stocks open lower as focus shifts to jobs data
Wall Street's main indexes opened lower on Tuesday as investors waited for a slew of data, including the crucial jobs ...
Spotify to lay off 17% of employees — read the full memo CEO Daniel Ek sent to staff
It comes after Spotify reported a 65 million euro ($70.7 million) profit for the third quarter, citing lower spend on ...
Amazon cuts ‘several hundred’ jobs in Alexa division
The Amazon Echo Show 8 smart-home device is unveiled during the Amazon Devices and Services event at the HQ2 campus ...
One paycheck not enough: Digital bank Current finds almost half its customers have multiple jobs
The need for second — and often third — incomes is mounting, according to a top digital bank executive.Current CEO ...
Nobel Prize winner Claudia Goldin says ‘greedy jobs’ are becoming more accessible to women—but companies need to stay flexible
Remote and hybrid work has made ultra-competitive workplaces across America more accessible to women, according to Harvard professor and Nobel ...
Calls for AI regulations to protect jobs rise in Europe after ChatGPT’s arrival
Privately held companies have been left to develop AI technology at breakneck speed, giving rise to systems like Microsoft-backed OpenAI's ...
Consumers starting to buckle for first time in a decade, former Walmart U.S. CEO Bill Simon warns
The draw of bargains may be fading.As three of the nation's biggest retailers kick off a key sales week, former ...
JPMorgan’s Marko Kolanovic braces for 20% market plunge, delivers recession warning
JPMorgan's Marko Kolanovic is bracing for a 20% sell-off to hit the S&P 500.According to the Institutional Investor hall-of-famer, high ...
