Tag: Breaking News: Economy
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Here are three key takeaways from the disappointing July jobs report
Nonfarm payrolls in the U.S. unexpectedly declined in July, but so did the unemployment rate, leaving investors with mixed signals.
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U.S. economy unexpectedly lost 23,000 jobs in July
Nonfarm payrolls were projected to increase by 83,000 in July while the unemployment rate held steady at 4.2%, according to the Dow Jones consensus.
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Iran’s chief negotiator accuses Trump of ‘theater diplomacy’ with Hormuz traffic near standstill
The conflict is broadening across the region, with Gulf energy infrastructure and key shipping chokepoints under renewed threat.
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Stocks making the biggest moves midday: UWM Holdings, Honeywell Aerospace, Macom, Peloton & more
Here are some of the companies making headlines in midday trading.
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Shorter-dated Treasury yields edge higher as traders sharpen focus on rates
Shorter-dated Treasury yields edged higher Thursday, as traders weighed the prospect of interest rate rises.
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CNBC Daily Open: A super Thursday of earnings and hopes for Iran detente
Investors in Europe are assessing a stacked earnings docket, U.S.-Iran deal inching forward, and a Fed warming to a rate hike.
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CNBC Daily Open: Iran, Oman in talks on Hormuz; SpaceX is loyal to Nvidia on AI
Optimism over a Strait of Hormuz deal pushed the Dow to a record high and its fifth positive day in a row, while oil extends a cooling trend.
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Stocks making the biggest moves after hours: Sandisk, Western Digital, E.l.f. Beauty, AppLovin & more
Here are some of the companies making big moves in extended trading.
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Fed Governor Cook says she’s ‘prepared to act’ on rate hike to address inflation
Cook was part of a 9-3 majority that voted last week to keep the central bank’s benchmark borrowing rate in a range between 3.5%-3.75%.
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Stocks making the biggest moves midday: Alphabet, SpaceX, Shopify, Newmont, Insulet, AMD & more
Here are the companies making headlines in midday trading.
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