Job growth disappoints in November, with a gain of just 210,000, despite high hopes
The U.S. economy created far fewer jobs than expected in November, in a sign that hiring started to slow even ahead of the new Covid threat, the Labor Department reported Friday. Nonfarm payrolls increased by just 210,000 for the month,...
Stock futures dip ahead of November jobs report as omicron concerns loom; Didi announces plan to delist
Stock futures were lower in overnight trading Thursday ahead of the November jobs report as the market nears the end of a roller-coaster week driven by Covid omicron variant developments. Futures on the Dow Jones Industrial Average shed 80 points....
Hiring was likely strong and employers boosted wages in November, economists say
A worker moves boxes of goods to be scanned and sent to delivery trucks during operations on Cyber Monday at Amazon’s fulfillment center in Robbinsville, New Jersey, November 29, 2021. Mike Segar | Reuters Job growth is expected to have...
Jobless claims less than expected as labor market returns to pre-pandemic self
Initial claims for unemployment insurance rose last week but held at levels consistent with how the job market looked before the Covid-19 pandemic devastated the U.S. employment picture, the Labor Department reported Thursday. First-time filings for the week ended Nov....
WeChat Pay exec says he hopes payments business can be ‘in all places,’ as rivalry with Alibaba eases
A QR code for digital payment services WeChat by Tencent and Alipay by Ant Group, an affiliate of Alibaba Group, is displayed at a parking lot on December 27, 2020, in Yichang, Hubei province of China. Wang Jianfeng | Visual...
Stocks making the biggest moves midday: Vertex Pharmaceuticals, Moderna, Lennar, Salesforce and more
Salesforce signage outside office building in New York. Scott Mlyn | CNBC Check out the companies making headlines in midday trading Wednesday: Allbirds — Allbirds shares sunk more than 13% after the shoe maker’s losses grew in the third quarter,...
CEO survey taken before omicron emergence shows optimism about the economy over the next 6 months
A customer carries her purchases during Black Friday shopping at Fashion Outlets of Chicago in Rosemont of Greater Chicago Area, Illinois, the United States, on Nov. 26, 2021. Joel Lerner | Xinhua News Agency | Getty Images Strong consumer demand...
Mortgage refinance demand plunged 15% last week, but could now reverse
Daniel Acker | Bloomberg | Getty Images Mortgage rates rose decisively again for most of last week, causing a massive drop in mortgage demand, but late in the week everything changed with the news of the Covid omicron variant. Last...
Private payrolls post better-than-expected growth of 534,000 in November, ADP says
Companies added jobs at a robust pace in November despite worries about rising inflation and the threat that the pandemic could slow growth into the winter months, according to a report Wednesday from payroll processing firm ADP. Private hiring increased...
‘Way overdue for a correction’: Long-time bull Jim Paulsen delivers a 10% to 15% pullback forecast
The latest market setback may be a foreshock to a more serious downturn. The Leuthold Group’s Jim Paulsen predicts a 10% to 15% pullback will rattle investors next year due to high valuations and less accommodative Federal Reserve policies. “We...
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Introduction to Basic Trendline AnalysisIn this series we will piece together the anatomy of a swing trade and discuss ... 
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