A ‘help wanted’ sign is displayed in a Manhattan store on May 6, 2022 in New York City. Spencer Platt | Getty Images Job creation at companies decelerated to the slowest pace of the pandemic-era recovery in May, payroll processing firm ADP reported Thursday. Private sector employment rose by just 128,000 for the month, falling
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Mark Zuckerberg, chief executive officer of Facebook Inc., right, Sheryl Sandberg, chief operating officer of Facebook, left, applaud after remotely ring the opening bell for trading at the Nasdaq MarketSite from the Facebook campus in Menlo Park, California Zef Nikolla | Facebook | Bloomberg When Facebook held its Nasdaq debut 10 years ago, the prospectus
In this article DAL Delta airplanes are seen at John F. Kennedy International Airport during the spread of the Omicron coronavirus variant in Queens, New York City, U.S., December 26, 2021. Jeenah Moon | Reuters Delta Air Lines expects revenue to return to 2019 levels this quarter thanks to a surge in travel demand and
A person walks down the sidewalk near the U.S. Supreme Court building in Washington, D.C., February 16, 2022. Jon Cherry | Reuters The Supreme Court on Tuesday blocked a controversial Texas social media law from taking effect, after the tech industry and other opponents warned it could allow for hateful content to run rampant online.
Test tubes labelled “Monkeypox virus positive and negative” are seen in this illustration taken May 23, 2022. Dado Ruvic | Reuters U.K. health authorities have urged anyone who tests positive for the monkeypox virus to abstain from sex until their symptoms have cleared. In new guidance released Monday, the U.K. Health Security Agency also recommended
Boehly’s simple refusal to countenance any distractions has proved central to the Connecticut billionaire’s successful Chelsea takeover. Nurphoto | Nurphoto | Getty Images The Todd Boehly-led consortium have completed a £4.25bn takeover of Chelsea, ending Roman Abramovich’s 19-year ownership of the club. After months of negotiations, the deal was finally approved on Wednesday morning when
A Delta Airlines commercial aircraft approaches to land at John Wayne Airport in Santa Ana, California January 18, 2022. Mike Blake | Reuters Flight disruptions continued Sunday but eased from the rocky start to Memorial Day weekend, a test for carriers as they gear up for a busy summer travel season after more than two
A man kneels at a memorial in Town Square in front of the county courthouse, for victims of the Robb Elementary school shooting, three days after a gunman killed nineteen children and two adults, in Uvalde, Texas, U.S. May 27, 2022. Marco Bello | Reuters Republicans and Democrats have continued to spar over gun control
A help wanted sign is displayed in the window of a Brooklyn, New York business. Spencer Platt | Getty Images Cracks are forming in the U.S. labor market as some companies look to curb hiring while others are desperate for employees. Microsoft, Twitter, Wayfair, Snap and Facebook-parent Meta recently announced they plan to be more
Sean Gladwell | Moment | Getty Images Slow your hiring! Cut back on marketing! Extend your runway! The venture capital missives are back, and they’re coming in hot. With tech stocks cratering through the first five months of 2022 and the Nasdaq on pace for its second-worst quarter since the 2008 financial crisis, start-up investors
Traders on the floor of the NYSE, May 27, 2022. Source: NYSE Signs that inflation is at least starting to abate from a 40-year high could be a positive for stocks, according to Goldman Sachs. Markets rallied Friday as a government report showed the pace of inflation slowed a bit in April, primarily due to
Shoppers walk past an Apple Store at Franklin Park Mall during Black Friday. Shoppers go to stores to take advantage of Black Friday sales during the COVID-19 pandemic. Stephen Zenner | SOPA Images | LightRocket | Getty Images A union vote at an Apple store at the Cumberland Mall location in Atlanta is in question
U.S. Treasury yields saw little movement on Friday morning, as fears over the Federal Reserve’s plans to aggressively hike interest rates appeared to ease. The yield on the benchmark 10-year Treasury note were flat at 2.759%. The yield on the 30-year Treasury bond was also flat at 2.992%. Yields move inversely to prices and 1
RT: Maria Van Kerkhove, Head a.i. Emerging Diseases and Zoonosis at the World Health Organization (WHO), speaks during a news conference on the situation of the coronavirus at the United Nations in Geneva, Switzerland, January 29, 2020. Denis Balibouse | Reuters The World Health Organization on Thursday said the monkeypox virus has spread to more
In this article TWTR Altice founder Patrick Drahi, left, and co-founder Armando Pereira pose for photos outside the New York Stock Exchange, before the company’s IPO, Thursday, June 22, 2017. Richard Drew | AP The U.K. has launched probes into two major technology deals under its new National Security and Investment Act as it moves
In this article TWTR Musk would have been appointed to Twitter’s board on Saturday, but the world’s richest man informed the company on the day that he would not, in fact, be taking the board seat. Andrew Burton | Getty Images News | Getty Images Twitter reached a $150 million settlement with the Department of
U.S. Treasury yields fell on Wednesday morning, as investors remained cautious following a sell-off in stock markets in the previous session. The yield on the benchmark 10-year Treasury note moved 2 basis points lower to 2.7344% at 4:25 a.m. ET. The yield on the 30-year Treasury bond ebbed 2 basis points to 2.9451%. Yields move
In this article GOOGL Sen. Ron Wyden, D-OR Sarah Silbiger | Getty Images News | Getty Images A group of 42 Democratic lawmakers urged Google CEO Sundar Pichai in a letter Tuesday to stop collecting and keeping unnecessary or non-aggregated location data that could be used to identify people seeking abortions. The letter comes ahead