Amazon tells users to uninstall a product that PayPal just paid $4 billion for
Honey co-founders Ryan Hudson and George Ruan. PayPal Amazon has a beef with the start-up PayPal recently acquired, Honey. During the height of the holiday shopping season, the e-commerce giant warned some users that the browser extension could be a...
Manufacturing jobs are ‘tough to fill’ and stand out as the weak spot in the employment picture
In a year that featured otherwise solid job growth, manufacturing stood out as one sector that lagged behind. It’s not that the jobs aren’t there: There were still 477,000 open positions as of October, down less than 5% from the...
Job market ends 2019 with disappointing 145,000 growth in payrolls
WASHINGTON — The U.S. jobs market ended 2019 on a sour note, with December’s payroll and wage growth missing expectations, according to Labor Department figures released Friday. Nonfarm payrolls increased by just 145,000 while the unemployment rate held steady at...
European stocks inch higher as global markets rally on easing US-Iran tensions
European stocks traded cautiously higher on Friday as world markets rally on the back of easing tensions in the Middle East. The pan-European Stoxx 600 inched up 0.1% during morning trade, with travel and leisure stocks surging 1.7% while banking...
Nearly all corporate CFOs say the economy is going to slow and the stock market is overvalued
Chief financial officers at big U.S. companies entered 2020 on a cautious note, with almost all anticipating an economic slowdown against the backdrop of an overvalued stock market, according to a survey released Thursday. The Deloitte CFO Signals Survey showed...
Your first trade for Thursday, January 9
The “Fast Money” traders shared their first moves for the market open. Tim Seymour was a buyer of Alibaba. Chris Verrone was a buyer of GE. Dan Nathan was a buyer of Pinterest. Guy Adami was a buyer of Eli...
Weekly jobless claims fall but number of unemployed surged to a more than 1 1/2-year high
New applications for U.S. jobless benefits fell more than expected last week, but the labor market appears to be cooling, with the number of Americans on unemployment rolls surging to more than a 1-1/2-year high at the end of 2019....
Fed policy is in a ‘good place’ but will remain flexible on rates and repo, vice chairman says
Richard Clarida Scott Mlyn | CNBC The Federal Reserve is in “a good place” with monetary policy but remains flexible both with interest rates and its operations to tame the overnight borrowing market known as repo, Vice Chairman Richard Clarida...
JP Morgan tells wealthy clients a ‘progressive overhaul’ of economy is one of 2020’s biggest risks
Democratic presidential candidate Sen. Bernie Sanders (D-VT) speaks during a campaign event at NOAH’s Events Venue on December 30, 2019 in West Des Moines, Iowa. Joe Raedle | Getty Images J.P. Morgan’s private bank, which manages $2.2 trillion for wealthy...
Stocks making the biggest moves after hours: Bed Bath & Beyond, Chico’s and Tufin Software
Shoppers enter a building housing a Bed Bath & Beyond Inc. store in New York. Mark Kauzlarich | Bloomberg | Getty Images Take a look at the companies making headlines after the bell. Bed Bath and Beyond shares tumbled more...
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