Lyft Stock Higher on Lofty Annual Growth Projections
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07Jun
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07Jun
Putin says nearly 40% of Russian trade turnover is in rubles
Russia's President Vladimir Putin gestures as he delivers a speech during the Saint Petersburg International Economic Forum (SPIEF) in Saint Petersburg on June 7, 2024.Anton Vaganov | Afp | Getty ImagesRussian President Vladimir Putin said on Friday that nearly 40% of the country's trade turnover is now in rubles...
07Jun
Here’s where the jobs are for May 2024 — in one chart
Job growth in May was surprisingly strong, pushing back on lingering fears of a broader economic slowdown and likely slowing the Federal Reserve's rate-cutting timeline.The U.S. economy added 272,000 jobs for the month, coming out significantly higher than the Dow Jones consensus estimate for 190,000. That's also higher than...
07Jun
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07Jun
Spirit Airlines CEO says not considering chapter 11
A Spirit Airlines aircraft undergoes operations in preparation for departure at the Austin-Bergstrom International Airport in Austin, Texas, on Feb. 12, 2024.Brandon Bell | Getty ImagesSpirit Airlines CEO Ted Christie said Friday that the budget airline isn't considering a chapter 11 bankruptcy filing and is "encouraged" by its plan...
07Jun
U.S. job gains totaled 272,000 in May
The U.S. economy added far more jobs than expected in May, countering fears of a slowdown in the labor market and likely reducing the Federal Reserve's impetus to lower interest rates.Nonfarm payrolls expanded by 272,000 for the month, up from 165,000 in April and well ahead of the Dow...
07Jun
Oscar Health CEO Mark Bertolini set to take on employer market
Mark Bertolini speaking at the CNBC Evolve New York event on June 19. 2019.Astrid Stawiarz | CNBCMark Bertolini has helped Oscar Health move toward profitability, after taking over as CEO of the health insurer a year ago. Now, he says the company's next phase of growth and profitability will...
07Jun
Stocks making the biggest moves premarket: GME, LYFT, MTN
Check out the companies making headlines before the stock market's opening bell. GameStop — The meme stock declined 5% premarket, giving up a gain of nearly 30% earlier. GameStop posted a surprise earnings report , showing net sales of almost $882 million for the first quarter, down 29% from...
07Jun
U.S. millionaire population grew by 600,000 last year
B2m Productions | Digitalvision | Getty ImagesThe U.S. far outpaced the rest of the world in minting millionaires last year, adding 600,000 new millionaires and powering record fortunes at the top, according to a new study.America's millionaire population grew 7.3% in 2023 to 7.5 million people, according to a...
07Jun
GM EVs at Costco Auto help drive electric vehicle sales
Customers exit a Costco store in Teterboro, New Jersey, June 28, 2023.Kena Betancur | Corbis News | Getty ImagesDETROIT — General Motors has a not-so-secret weapon when it comes to getting U.S. consumers into its new all-electric vehicles: Costco Wholesale.The Detroit automaker said it's increasingly using the retail giant's...