Wall Street is starting to trim jobs as economic uncertainties mount
Morgan Stanley, Goldman Sachs, and Bank of America are beginning workforce reductions that affect various parts of their operations.
US labor market remains stable, but job opportunities limited
The number of Americans filing new applications for unemployment benefits increased slightly last week, suggesting the labor market remained stable in March, though the outlook is darkening amid risin
Applications for jobless benefits inch up, but layoffs remain low, labor market healthy
Slightly more Americans applied for unemployment benefits last week, but layoffs remain historically low. U.S. jobless claims filings rose by 2,000 to 223,000 for the week ending March 15, the Labor D
Nvidia GTC: What Jensen Huang told an inquisitive Wall Street
Wall Street had questions for Nvidia founder and CEO Jensen Huang after his GTC keynote.
Ontario Teachers’ Gains 9.4% in 2024, Boosted by Venture, Stocks
(Bloomberg) -- Ontario Teachers’ Pension Plan gained 9.4% last year, driven by strong returns in stocks, venture growth and commodities. Most Read from BloombergAmtrak CEO Departs Amid Threats of a
Academy Sports’s (NASDAQ:ASO) Q4 Earnings Results: Revenue In Line With Expectations, Stock Soars
Sporting goods retailer Academy Sports & Outdoor (NASDAQ:ASO) met Wall Street’s revenue expectations in Q4 CY2024, but sales fell by 6.6% year on year to $1.68 billion. On the other hand, the compan
The used Tesla market is crumbling
As Elon Musk continues to take an outsized and controversial role in the US government, reports of harassment of Tesla owners and vandalism of showrooms and vehicles are on rise. That may, in part, be
Norway’s sovereign wealth fund is buying a slice of Covent Garden for $739 million amid retail boom for the former fruit and veg market
The Covent Garden estate is now worth £2.7 billion ($3.5 billion), with stores of most notable brands located in the retail hub.
Accenture Stock Sinks as Profit Falls Short, CEO Says Government Sales Slowing
Accenture stock sank 8% Thursday after the professional services firm reported lower profit than analysts expected for its fiscal 2025 second quarter and its chief executive said government spending c
Titan Machinery’s (NASDAQ:TITN) Q4 Sales Beat Estimates But Stock Drops
Heavy equipment distributor Titan Machinery (NASDAQ:TITN) announced better-than-expected revenue in Q4 CY2024, but sales fell by 10.8% year on year to $759.9 million. Its non-GAAP loss of $1.98 per sh