Business

The U.S. labor market saw broad gains in September in a surprisingly strong jobs report that sparked a quick sell-off in the bond market.The strongest sector for job growth in September was leisure and hospitality, according to the Bureau…

Job growth was stronger than expected in September, a sign that the U.S. economy is hanging tough despite higher interest rates, labor strife and dysfunction in Washington.Nonfarm payrolls increased by 336,000 for the month, better than the…

A help wanted sign on a storefront in Ocean City, New Jersey, US, on Friday, Aug. 18, 2023. Surveys suggest that despite cooling inflation and jobs gains, Americans remain deeply skeptical of the president's handling of the post-pandemic…

Columbia South Carolina, Chick-fil-A, fast food restaurant with sign advertising $15 an hour to be hospitable. Jeff Greenberg | Universal Images Group | Getty ImagesA strong jobs market could equal a weak stock market if current trends…

Levi's 501 blue jeans on display.Sean Gallup | Getty ImagesLevi Strauss on Thursday cut its full-year sales forecast, as it missed Wall Street's quarterly revenue expectations and was dragged down by weaker shopping trends at department…

Image source: Jaromila | E+ | Getty ImagesConsumers are still splurging for a side of fries with their meals. That can have a positive read through for the economy.Frozen potato supplier Lamb Weston Holdings has seen the share of consumers…

In this photo illustration, bottles of Modelo Especial beer sit on a table on June 14, 2023 in Los Angeles, California.Mario Tama | Getty ImagesConstellation Brands on Thursday reported earnings and revenue that topped analysts'…

Cannabis producer Tilray Brands on Wednesday reported a jump in revenue as it diversifies its portfolio and moves deeper into the beer industry.The company reported $177 million in net revenue, up 15% year over year, for its fiscal first…

Private payroll growth tailed off sharply in September, according to an ADP report Wednesday that provides a counterweight to other signs that the labor market is still running strong.The payroll processing firm said job growth totaled just…

An economic indicator the Federal Reserve favors as an inflation gauge rose less than expected in August, showing that the central bank's fight against higher prices is making progressThe personal consumption expenditures price index…

Nike reported revenue Thursday that fell short of Wall Street's sales expectations for the first time in two years, but it beat on earnings and gross margin estimates.Here's how the sneaker giant performed during its fiscal first quarter…

The U.S. Latino economy continues to grow, reaching $3.2 trillion in 2021, up from $2.8 trillion the year prior, according to a new report by the Latino Donor Collaborative in partnership with Wells Fargo.Over the last decade, the U.S.…

Washington, D.C. - March 17, 2023: President Joe Biden and House Speaker Kevin McCarthy speak outside the Annual Friends of Ireland Luncheon at the U.S. Capitol.Drew Angerer | Getty Images News | Getty ImagesThe U.S. is in a weaker position…

Costco on Tuesday reported quarterly earnings that topped Wall Street's expectations, as shoppers turned to the membership club for groceries but bought fewer big-ticket items.On an earnings call, Chief Financial Officer Richard Galanti…

Jamie Dimon, Chairman of the Board and Chief Executive Officer of JPMorgan Chase & Co., speaks during the event Chase for Business The Experience - Miami hosted by JP Morgan Chase Bank for small business owners at The Wharf in Miami,…

Jamie Dimon, Chairman of the Board and Chief Executive Officer of JPMorgan Chase & Co., gestures as he speaks during an interview with Reuters in Miami, Florida, U.S., February 8, 2023. Marco Bello | ReutersJPMorgan Chase & Co. CEO…

A farmer cutting a cocoa pod to collect the beans inside on a farm in Azaguie, Ivory Coast, on Friday, Nov. 18, 2022.Bloomberg | Bloomberg | Getty ImagesSurging prices for soft commodities, from orange juice to live cattle, are complicating…

It is a make-or-break moment for China's relationship with the European Union, as the bloc's trade chief asks for more openness and fairness from Beijing."We stand at a crossroads. We can choose a path towards mutually beneficial relations.…

Frederic J. Brown | AFP | Getty ImagesCredit card companies are racking up losses at the fastest pace in almost 30 years, outside of the Great Financial Crisis, according to Goldman Sachs.Credit card losses bottomed in September 2021, and…

A customer carries an Olive Garden shopping bag in Pittsburg, California, US, on Friday, Dec. 9, 2022. David Paul Morris | Bloomberg | Getty ImagesDarden Restaurants on Thursday reported earnings and revenue that topped analysts'…

The FED: US Federal Reserve, Washington DCUschools | E+ | Getty ImagesA looming government shutdown could prevent the Federal Reserve from raising rates in November, but not for the reason you might think, according to Bank of America.Not…

The auto workers' strike is the latest in a series of labor-management conflicts that economists say could start having significant growth impacts if they persist.So far, the United Auto Workers stoppage has impacted just a small portion of…

A shopper peruses the meats section of a grocery store on September 12, 2023 in Los Angeles, California. Mario Tama | Getty ImagesInflation at the wholesale level rose more than expected in August, countering recent data showing that price…

A.P. Moller-Maersk, is one of the world's biggest container shippers with a market share of around 17%, and is widely seen as a barometer of global trade.Andia | UIG via Getty ImagesCopenhagen, DENMARK — Shipping giant Maersk on Thursday…

Inflation posted its biggest monthly increase this year in August as consumers faced higher prices on energy and a variety of other items.The consumer price index, which measures costs across a broad variety of goods and services, rose a…

Larry Ellison, Oracle's chairman and technology chief, speaks at the Oracle OpenWorld conference in San Francisco on September 16, 2019.Justin Sullivan | Getty ImagesOracle shares moved 9% lower in extended trading on Monday after the…

Choochart Choochaikupt | Istock | Getty ImagesAmerican consumers are worried about access to credit amid persistently higher interest rates and tighter standards at banks, according to a New York Federal Reserve survey released…

Taylor Swift performs during her Eras Tour in Cincinnati, Ohio on June 30, 023.Taylor Hill/tas23 | Getty Images Entertainment | Getty ImagesTaylor Swift is providing a gold rush for the hotel industry.The "Cruel Summer" singer's…

European bank shares dropped significantly in August after a surprise announcement from the Italian government for a new tax.Stefano Montesi - Corbis | Corbis News | Getty ImagesItaly's shock tax on banks continues to prove controversial,…

Pixelseffect | E+ | Getty ImagesThe unemployment rate for Black workers slipped in August, bucking the broader trend of a higher overall jobless rate.The overall unemployment rate ticked up to 3.8% last month, the highest since February…