February jobs report driven by surge of hiring at restaurants, bars
The February jobs report showed that payrolls increased by 311,000 workers last month, faster than expected, as bars and restaurants hired more workers.
Gas prices increase, but the tide may change: AAA
Gas prices increased for the week ending March 9, 2023. But global oil costs, low demand and other factors may lead to a drop in gas prices.
US job growth surges again in February as economy adds 311,000 new positions
The February payroll report released Friday provided a key snapshot of the labor market's health amid the Fed's aggressive interest rate-hike campaign.
Jobless claims rise sharply to highest level since December
Applications for U.S. unemployment benefits last week climbed to the highest level since late December, pointing to some softness in the labor market.
Job openings dipped in January but remain historically high
The Labor Department reported on Wednesday that there were 11 million job openings at the end of January, a sign the labor market remains extremely tight.
Private sector job growth grows by 242,000 in February, better than expected: ADP
Private U.S. companies added 242,000 new workers in February as the labor market remains strong even in the face of inflation and rising interest rates.
Layoffs 2023: Tech companies lead job cuts amid economic uncertainty
Layoffs are on the rise across various industries, although the tech industry has taken a huge hit in recent months. Amazon, Alphabet and Microsoft have all recently cut jobs.
Apple investor day, Powell testimony, jobs report top week ahead
Retail earnings, jobs data, Disney CEO Bob Iger speaking and Apple's investor day lead a busy week ahead for investors.
Adani shares surge after $1.87B GQG investment; more road shows lined up
After falling $130 billion in market value, Gautam Adani's conglomerate, Adani, is beginning to rally after a $1.87 billion investment by GQG Partners in Florida.
Fed signals more interest rate hikes needed to fight sticky inflation
The Fed said in its semi-annual monetary report to Congress that additional interest rate hikes are necessary with inflation remaining abnormally high.
Mortgage rates climb for a straight fourth week on sustained economic growth and continued inflation
Persistent inflation has left lenders pessimistic about future interest rate hikes by the Federal Reserve, leading some issuers to write mortgages at higher risk premiums.
Manufacturing contracts for third straight month
The Institute for Supply Management (ISM) said that its Manufacturing Purchasing Managers’ Index (PMI) reached of 47.7 last month after reaching 47.4 in January, notching the third straight month of contraction.
Dollar Tree fined over $250,000 for safety violations that endangered workers: 'Pattern of disregard'
Dollar Tree has been fined over $250,000 by the Labor Department for workplace safety violations at a location in Texas labeled as a "pattern of disregard."
Warren Buffett delivers clear inflation warning, slams 'disgusting' business leader behavior in annual letter
Billionaire Warren Buffett issued a clear inflation warning and hit at 'disgusting' money manager behavior in his annual letter to Berkshire Hathaway shareholders.
Gas prices drop again, but uncertainty remains: AAA
Gas prices decreased this week. But several factors ranging from the Federal Reserve’s actions to lower inflation and the war between Russia and Ukraine could push prices higher in the coming weeks.
Dominos, Papa John’s address pizza delivery challenges
Domino's and Papa John's have been facing pressures in their delivery business from high inflation forcing customers to eat at home as well as staffing issues.
Mortgage rates climb for third week on threat of sticky inflation
Mortgage rates continued their climb as inflation woes persist. The Federal Reserve's successive interest rate increases brought down inflation, however price acceleration is still above the central bank's target, causing borrowing costs to skyrocket.
Kamala Harris says Biden admin has reduced heat, electric costs amid record prices
Vice President Kamala Harris touted the Biden administration's efforts to lower energy costs.
Top Republicans double down on efforts to rein in SEC Gensler's climate proposal
Leading Republicans on the House Financial Services and Senate Banking committees are doubling down on attempts to rein in Wall Street’s top cop Gary Gensler.
Office landlord defaults are escalating as lenders brace for more distress
Brookfield Asset Management recently defaulted on a total of over $750 million in debt for a pair of 52-story towers in Los Angeles, according to a February securities filing.


















