Eggs are displayed for sale in a Manhattan grocery store on Feb. 25, 2025 in New York City.Spencer Platt | Getty ImagesThe U.S. Justice Department has opened an investigation into potential antitrust issues related to the surging price of eggs, The Wall Street Journal reported Friday, citing people familiar...
Check out the companies making headlines in midday trading: Costco — Shares shed nearly 7% after the retail giant's earnings for the second quarter missed Wall Street estimates. Costco reported earnings of $4.02 per share for the period, below the $4.11 per share that analysts surveyed by LSEG were...
A hiring sign is displayed in the window of a Chipotle on August 22, 2024 in Alexandria, Virginia. Anna Rose Layden | Getty ImagesThe unemployment rate among Black men saw a significant improvement in February – even as the rate ticked higher for U.S. workers in general.The overall unemployment rate...
Roughly two decades ago, Warren Buffett gave Melinda French Gates a piece of career advice — and she's never forgotten it."Warren Buffett once said to us ... 'Find your bullseye of what you're working on and let the other things fall away. You'll feel better if you keep your...
Getty Images | CNBC | Getty ImagesFebruary marked another strong month for health care despite job growth overall coming in weaker than expected but stable.Last month, health care and social assistance led the way for job creation, adding 63,100 jobs, according to the latest data from the Bureau of...
Hock Tan, CEO of Broadcom.Martin H. Simon | Bloomberg | Getty ImagesBroadcom shares climbed about 5% after the company posted strong first-quarter earnings and guidance that signaled ongoing artificial intelligence demand.The chipmaker posted adjusted earnings of $1.60 per share on $14.92 billion in revenue. That surpassed the adjusted earnings...
Job growth was weaker than expected in February though still stable despite President Donald Trump's efforts to slash the federal workforce.Nonfarm payrolls increased by a seasonally adjusted 151,000 on the month, better than the downwardly revised 125,000 in January but less than the 170,000 consensus forecast from Dow Jones,...
Check out the companies making headlines before the bell. Broadcom — Shares of the chipmaker jumped 10% after the company's fiscal first-quarter results beat Wall Street's estimates on both the top and bottom lines. Broadcom also issued rosy guidance for the current quarter. The company forecasts second-quarter revenue of...
U.S. Treasury Secretary Scott Bessent attends at an Economic Club of New York event in New York City, U.S., March 6, 2025. Jeenah Moon | ReutersTreasury Secretary Scott Bessent on Friday acknowledged some signs of weakness in the U.S. economy."Could we be seeing that this economy that we inherited...
Europe's struggling economy has economists worried — and senior European Central Bank policymaker Mário Centeno, echoes that view."I am very concerned about the European economy," Centeno, who is also governor of the Bank of Portugal, told CNBC's "Squawk Box Europe" on Friday.On Thursday, the ECB revised its gross domestic...