Microsoft, Twitter and Walmart want to help you get a job in tech — without racking up student loans
Ryan Reed became a technical support specialist at IBM after graduating last year from the tech firm’s apprenticeship program. Photo credit: IBM. Ryan Reed was having a tough time. The 38-year-old, a resident of Raleigh, North Carolina, had been trying...
Stock market live Friday: Dow down 270, coronavirus names fall, Uber best day ever
This is a live blog. Check back for updates. 4:01 am: Dow suffers first decline in 5 days, down 270 points The Dow finished the session about 277 points lower, snapping a four-day winning streak. Still, the 30-stock benchmark rose...
China’s GDP growth this quarter will be 0%, according to top economist Ed Hyman
Edward ‘Ed’ Hyman, chairman of Evercore Partners Inc. Christopher Goodney | Bloomberg | Getty Images Evercore ISI Chairman Ed Hyman said he sees no economic growth in China in the first quarter due to the deadly coronavirus. The market pullback...
Antarctica registers hottest temperature ever at nearly 65 degrees Fahrenheit
A frozen section of the Ross Sea at the Scott Base in Antarctica on November 12, 2016. Mark Ralston | AFP | Getty Images Antarctica just broke its hottest temperature ever recorded at 64.9 degrees Fahrenheit as climate change continues...
eBay is more like the NYSE than Amazon, says Intercontinental Exchange CEO Jeffrey Sprecher
eBay’s headquarters in San Jose, California, U.S. Bloomberg | Getty Images The e-commerce giant eBay more closely resembles the New York Stock Exchange than it does Amazon, at least in the eyes of Intercontinental Exchange CEO Jeffrey Sprecher. “I’m not sure...
Stocks making the biggest moves after hours: Pinterest, Uber, eBay & more
Pinterest screen on a mobile phone Source: Pinterest Check out the companies making headlines after the bell: Pinterest — The online scrapbook company’s stock rose more than 17% in extended trading after it beat analysts’ estimates for fourth-quarter revenue and...
US productivity rebounds in fourth quarter as labor costs growth slows
U.S. worker productivity rebounded in the fourth quarter, keeping labor costs in check. The Labor Department said on Thursday nonfarm productivity, which measures hourly output per worker, increased at a 1.4% annualized rate last quarter. Productivity decreased at an unrevised...
US weekly jobless claims drop to a 9-month low
The number of Americans filing for unemployment benefits dropped to a nine-month low last week, suggesting a tightening labor market would continue to support the economy this year. Initial claims for state unemployment benefits decreased 15,000 to a seasonally adjusted...
The man once dubbed ‘Britain’s Bill Gates’ could be one step closer to a US jail
Mike Lynch, former chief executive officer of Autonomy Corp departs the Rolls Building on June 27, 2019 in London, England. Dan Kitwood | Getty Images Mike Lynch was once described in U.K. media as “Britain’s Bill Gates.” Now the entrepreneur...
Fed’s Mary Daly says current interest rates put economy ‘in a good place to weather the storms’
San Francisco Fed President Mary Daly said Wednesday that she did not think the Fed needs to lower interest rates to offset the effects of the coronavirus outbreak or other economic headwinds. Appearing on CNBC’s “Power Lunch,” Daly said she...
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