Business

Job fair signage as job seekers arrive at the Appalachian State University internship and job fair in Boone, North Carolina, US, on Wednesday, Oct. 1, 2025. Allison Joyce | Bloomberg | Getty ImagesUnemployment changed little in September…

U.S. Secretary of the Treasury Scott Bessent speaks to the news media about the latest tariff announcement from President Donald Trump, at the White House, in Washington, D.C., U.S. April 9, 2025.Leah Millis | ReutersTreasury Secretary…

Federal Reserve Chair Jerome Powell speaks during a news conference following a two-day meeting of the Federal Open Market Committee at the Federal Reserve on September 17, 2025 in Washington, DC. Chip Somodevilla | Getty ImagesIf any…

Private payrolls saw their biggest decline in two-and-a-half years during September, a further sign of labor market weakening that compounds the data blackout accompanying the U.S. government shutdown.Companies shed a seasonally adjusted…

Nike shares jumped in after-hours trading Tuesday after the sportswear maker reported quarterly results that far exceeded Wall Street expectations, signaling that CEO Elliott Hill's turnaround strategy is gaining momentum. Total revenue in…

Pedestrians walk past a Nike store featuring a modern design and mannequins displaying winter apparel on December 5, 2024, in Wuhan, Hubei Province, China. Cheng Xin | Getty ImagesNike is expected to report a decline in quarterly sales on…

Consumer confidence edged lower in September ahead of an expected data blackout caused by the looming federal government shutdown, the Conference Board reported Tuesday.The board's headline confidence index registered a 94.2 reading, off…

Susan Collins, president of the Federal Reserve Bank of Boston, speaks during the National Association of Business Economics (NABE) economic policy conference in Washington, DC, US, on Thursday, March 30, 2023.Ting Shen | Bloomberg | Getty…

A view of the U.S. Capitol on September 29, 2025 in Washington, DC. Anna Moneymaker | Getty ImagesFor all the political firestorms they generate, government shutdowns historically have been nonevents for both markets and the economy.This…

The US Capitol is seen in the background as signage for US Department of Labor is seen in Washington, DC on August 4, 2025. Jim Watson | Afp | Getty ImagesThe Labor Department is preparing for what would amount to a news and data blackout…

British Chancellor of the Exchequer Rachel Reeves speaks to media prior to her speech on day two of the Labour Party conference at ACC Liverpool on September 29, 2025 in Liverpool, England. Ian Forsyth | Getty Images News | Getty ImagesU.K.…

It was a topsy-turvy week for the stock market — featuring jobs and inflation data, Nvidia 's $100 billion investment deal with OpenAI, and signals of stronger-than-expected new iPhone demand. The S & P 500 and Nasdaq closed at record…

Traders work on the floor at the New York Stock Exchange in New York City, U.S., Sept. 17, 2025. Brendan McDermid | ReutersStock market growth that seems impervious to tariffs, politics and a moribund jobs picture is in turn powering…

Breakfast cereals are displayed for sale in Medford, Massachusetts, U.S., April 22, 2025. Brian Snyder | ReutersCore inflation was little changed in August, according to the Federal Reserve's primary forecasting tool, likely keeping the…

Costco reported stronger-than-expected quarterly results Thursday evening, with both sales and adjusted earnings per share topping estimates, driven by robust membership fee growth and margin expansion. Total revenue in the company's fiscal…

A Costco store in Richmond, California, US, on Thursday, May 29, 2025. David Paul Morris | Bloomberg | Getty ImagesCostco on Thursday posted fiscal fourth-quarter earnings and revenue that topped analyst estimates.The warehouse club does…

A sign is posted in front of a CarMax dealership on April 10, 2025 in Santa Rosa, California. Justin Sullivan | Getty Images News | Getty ImagesDETROIT — Shares of CarMax were down by more than 20% in early trading Thursday after the used…

Initial claims for unemployment insurance were well below expectations last week, helping to douse caution at the Federal Reserve and elsewhere that the labor market is in danger.First-time filings for the week ended Sept. 20 totaled a…

Shares of H&M jumped on Thursday after the high street retailer posted better-than-expected results in the fiscal third quarter, and its turnaround strategy showed signs of gaining pace.Shares were up 10% by 8:48 a.m. London time (3:20…

A Fanuc robotic arm moves bins of products during a media tour of the Amazon.com Inc. DAB2 fulfillment center in Daytona Beach, Florida, US, on Tuesday, Sept. 23, 2025. The DAB2 fulfillment center is Amazon's seventh robotics fulfillment…

People seen holding Puerto Rican flag during the annual Puerto Rican Day Parade on 5th Avenue in New York City.Sopa Images | Lightrocket | Getty ImagesU.S. Latino immigrants accounted for $1.6 trillion in GDP in 2023, according to a new…

A person walks by a sign for Micron Technology headquarters in San Jose, California, on June 25, 2025.Justin Sullivan | Getty ImagesMicron reported better-than-expected earnings and revenue on Tuesday as well as a robust forecast for the…

U.S. Federal Reserve Chair Jerome Powell speaks during a press conference following the issuance of the Federal Open Market Committee's statement on interest rate policy, in Washington, D.C., U.S., Sept. 17, 2025. Elizabeth Frantz |…

Container backlog occurs at Longtan Port Container Terminal in Nanjing, Jiangsu Province, China, on September 21, 2025. (Photo by Costfoto/NurPhoto via Getty Images)Costfoto| Nurphoto | Getty ImagesThe Organisation for Economic Co-operation…

Torsten Asmus | Istock | Getty ImagesLonger-term Treasury yields jumped this week, flying in the face of the Federal Reserve's interest rate cut, as bond investors didn't get the assurances they sought.The 10-year Treasury yield jumped as…

U.S. Treasury Secretary Scott Bessent speaks to the press, on the day of U.S.-China talks on trade, economic and national security issues, in Madrid, Spain, September 15, 2025. Violeta Santos Moura | ReutersWhite House confidante Steve…

German Chancellor Friedrich Merz addresses the Bundestag during a debate over the 2025 federal budget on September 17, 2025 in Berlin, Germany.Nadja Wohlleben | Getty Images News | Getty ImagesHuge investment pledges and major fiscal…

A Fedex truck is seen during heavy traffic on Sept. 16, 2025 in New York City. Zamek | View Press | Corbis News | Getty ImagesFedEx beat on the top and bottom lines in its fiscal first-quarter earnings report on Thursday.The stock rose 5%…

The Federal Reserve's decision to cut its key borrowing rate by a quarter percentage point seems to be sitting well with the White House, if National Economic Council Director Kevin Hassett is any indication.In a CNBC interview Thursday,…

The exterior of an Olive Garden is seen on June 20, 2025 in Austin, Texas. Brandon Bell | Getty ImagesDarden Restaurants on Thursday reported mixed quarterly results, as Olive Garden and LongHorn Steakhouse helped offset weakness in its…