CarMax (KMX) Q1 earnings

Customers shop for used vehicles at a CarMax dealership in Lexington, Kentucky.Luke Sharrett | Bloomberg | Getty ImagesCarMax reported a 33% fall in first-quarter profit on Friday, as lower margins from vehicles sold continued to impact the used-vehicle industry.Pre-owned vehicle retailers have had a bumpy ride with profitability worsening...

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Workday cuts full-year subscription revenue forecast

A close-up of the Workday logo on its headquarters in Pleasanton, California.Smith Collection | Archive Photos | Getty ImagesHuman resources software provider Workday cut its annual subscription revenue forecast on Thursday, citing concerns about lower customer headcount growth as a hiring slowdown and IT budget cuts soften demand for...

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Weekly jobless claims jump to 231,000, the highest since August

Jobseekers during a Construction Career Fair at Cape Fear Community College in Wilmington, North Carolina, US, Wednesday, March 15, 2023. Allison Joyce | Bloomberg | Getty ImagesInitial filings for unemployment benefits hit their highest level since late August 2023 in a potential sign that an otherwise robust labor market is...

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