Business

The August jobs report was another sign that the U.S. labor market is cooling off, though some of the sectors that have fueled the post-pandemic rebound remain strong.The Labor Department said Friday that the economy added 187,000 jobs in…

The U.S. added more jobs than expected in August, a sign of resilience for a labor market under pressure from Federal Reserve interest rate hikes.Nonfarm payrolls grew by a seasonally adjusted 187,000 for the month, above the estimate for…

A customer enters a Lululemon store on June 02, 2023 in Corte Madera, California.Justin Sullivan | Getty ImagesLululemon raised its full-year guidance Thursday after reporting an 18% jump in both sales and profit for its fiscal second…

Taylor Swift, Beyonce, Barbie, OppenheimerGetty ImagesConsumer spending may not be out of the woods.Real spending is expected to come in 1.9% higher in the third quarter, helped in part by stadium tours from music superstars Taylor Swift…

Salesforce CEO Marc Benioff walks with other attendees as they leave a morning session at the Allen & Company Sun Valley Conference in Sun Valley, Idaho, on July 12, 2023.Kevin Dietsch | Getty Images News | Getty ImagesSalesforce shares…

The Polestar 3 SUV, originally expected late this year, has been pushed into early 2024 because of delays with its Volvo-developed software.Courtesy: PolestarSwedish electric-vehicle maker Polestar on Thursday reiterated that it still…

Swedish buy now, pay later firm Klarna reduced its losses by roughly 67% in the first half of 2023, as the company dramatically cut costs in a bid toward profitability.The company reported overall net operating income of 9.2 billion Swedish…

General view of the UBS building in Manhattan on June 5, 2023 in New York City.Eduardo Munoz Alvarez | View Press | Corbis News | Getty ImagesUBS shares reached their highest point since late 2008 during early trade in Zurich on Thursday,…

Jack Daniel's Tennessee WhiskeyGetty ImagesJack Daniel's maker Brown-Forman on Wednesday fell short of Wall Street expectations for its first quarter of fiscal 2024, plagued by lagging whiskey sales, supply challenges and a significant…

Enrique Lores, CEO, HPScott Mlyn | CNBCShares of HP fell more than 8% Wednesday morning after the printer and PC-maker released fiscal third quarter earnings that underwhelmed Wall Street.HP reported $13.2 billion in revenue, down from the…

A 'help wanted' sign is displayed in a window of a store in Manhattan on December 02, 2022 in New York City. Spencer Platt | Getty ImagesJob creation in the United States slowed more than expected in August, according to ADP, a sign that…

Lego Star Wars toys sit on display inside a Toys R Us store in Paramus, New Jersey, Nov. 26, 2019.Bloomberg | Getty ImagesWhile other toy companies struggle with an inflation-fueled sales slump, Lego is building positive results brick by…

Best Buy on Tuesday surpassed Wall Street's quarterly sales expectations, but tempered its outlook for the rest of the year as it feels the lull of post-pandemic spending on kitchen appliances, computer monitors and other electronics.CEO…

Nio's ET5 stands on display at the Central China International Auto Show on May 25, 2023, in Wuhan, China.Getty Images | Getty Images News | Getty ImagesChinese electric vehicle maker Nio lost $835.1 million in the second quarter, more than…

A BYD ATTO 3 is displayed during the British Motor Show at Farnborough International Exhibition Centre on August 17, 2023 in Farnborough, England.John Keeble | Getty Images News | Getty ImagesShares of Chinese automaker BYD listed in China…

Nordstrom begins the process of closing its stores in Canada with the first day of a sale at the Eaton Centre in Toronto. March 21, 2023.Steve Russell | Toronto Star | Getty ImagesNordstrom on Thursday surpassed Wall Street's quarterly…

Pedestrians walk past Old Navy and GAP stores in Times Square, New York City.Drew Angerer | Getty ImagesGap reported mixed results on Thursday and underwhelming current-quarter guidance as the longtime mall retailer warned of an "uncertain…

Food delivery couriers for Meituan stand with insulated bags during a morning briefing in Beijing, China, on Wednesday, April 21, 2021.Yan Cong | Bloomberg | Getty ImagesMeituan's Hong Kong-listed shares fell more than 5% on Friday after…

Shares of Dollar Tree fell on Thursday and hit a 52-week low, after the retailer said customers' shopping lists have largely narrowed to food and necessities.The discounter joins a growing group of retailers catering to consumers who have…

Australia's Transport Workers' Union have asked Qantas' CEO to resign over for "empty promises to frustrated passengers" and "announcing more tactics to silence workers and suppress wages."Phil Noble | ReutersAustralia's flagship carrier…

Nvidia founder, President and CEO Jen-Hsun HuangGetty ImagesNvidia shares climbed 8% in extended trading on Wednesday after the chipmaker beat estimates for the fiscal second quarter and issued optimistic guidance for the current…

Rafael Henrique | Lightrocket | Getty ImagesCVS Health is partnering with drugmaker Sandoz to produce a near identical version of the blockbuster arthritis treatment Humira that will sell for 80% below the price of the brand-named drug.The…

Abercrombie & FitchCourtesy: Abercrombie & FitchShares of Abercrombie & Fitch soared in early trading, after the retailer crushed Wall Street's quarterly earnings and sales expectations and raised its forecast for the year.On a…

The exterior of a Peloton store is seen on February 05, 2022 in Dusseldorf, Germany. Jeremy Moeller | Getty ImagesPeloton shares dropped by about 20% in premarket trading Wednesday after the connected fitness company posted a wider than…

Pedestrians walk past a Foot Locker store in New York.Michael Nagle | Bloomberg | Getty ImagesFoot Locker reported another quarter of falling sales and slashed its outlook for the second time this year on Wednesday as inflation-weary…

Zoom founder Eric Yuan speaks before the Nasdaq opening bell ceremony in New York on April 18, 2019.Kena Betancur | Getty ImagesZoom shares rose as much as 8% in extended trading on Monday after the video-calling software provider announced…

Macy's on Tuesday topped Wall Street's quarterly sales expectations, even as it struck a cautious note about consumer spending for the back half of the year. The company's shares fell 8% in premarket trading, as the department store…

The Lowe's logo is displayed on the front of the store near Bloomsburg.Paul Weaver | Lightrocket | Getty ImagesLowe's reported mixed fiscal second-quarter results on Tuesday, as consumers tackled springtime projects and helped offset…

Signage outside a Dick's Sporting Goods Inc. store in Clarksville, Indiana, on Monday, Nov. 9, 2020.Luke Sharrett | Bloomberg | Getty ImagesDick's Sporting Goods reported a 23% drop in profits and slashed its earnings guidance for the year…

A Baidu Apollo robotaxi passes by a Baidu office building in Beijing on Aug. 21, 2023.Bloomberg | Bloomberg | Getty ImagesBEIJING — Chinese tech company Baidu on Tuesday reported better-than-expected revenue, up by 15% year-on-year in the…