An attendee takes information about a California State job at a City Career Fair hiring event in Sacramento, California, US, on Wednesday, June 5, 2024. David Paul Morris | Bloomberg | Getty ImagesThe unemployment rate for Black Americans fell in August, according to data released Friday by the Department of...
The August jobs report came in weaker than expected, and employment growth by different industries showed a mixed bag for the U.S. economy.The growth was led by leisure and hospitality and health care and social assistance, with each category adding more than 40,000 jobs, according to data from the...
A pilot performs a walkaround before a United Airlines flightLeslie Josephs/CNBCU.S. passenger airlines have added nearly 194,000 jobs since 2021 as companies went on a hiring spree after spending months in a pandemic slump, according to the U.S. Department of Transportation. Now the industry is cooling its hiring.Airlines are...
Patrick Mahomes and Travis Kelce of the Kansas City Chiefs celebrate a victory in 2022.David Eulitt | GettyThe NFL team that has won three of the last five Super Bowls is worth less than the organizations with the two longest playoff droughts in the league.The Kansas City Chiefs, the...
The U.S. economy created slightly fewer jobs than expected in August, reflecting a slowing labor market while also clearing the way for the Federal Reserve to lower interest rates later this month.Nonfarm payrolls expanded by 142,000 during the month, down from 89,000 in July and below the 161,000 consensus...
Check out the companies making headlines before the bell. Bowlero – Shares gained more than 12% after the bowling alley chain's revenue for the fiscal fourth quarter revenue topped Wall Street's expectations. Revenue for the period came in at $283.9 million. According to FactSet, analysts had expected $273.4 million....
Jeff Robinson | Icon Sportswire | Getty ImagesOnly one National Football League team has an ownership structure that resembles a publicly traded company.The Green Bay Packers, who are the 12th most-valuable NFL franchise at $6.3 billion, according to CNBC's Official 2024 NFL Team Valuations, are the only publicly owned...
Broadcom reported an earnings beat Thursday, driven by strong sales of its AI products and VMware software. But management's guidance for the current quarter disappointed investors, sending shares of the chipmaker down nearly 7% in the after market. This is too harsh of a reaction to an otherwise solid...
Check out the companies making headlines in after-hours trading: DocuSign — The e-signature software company ticked up nearly 1% after posting a top- and bottom-line beat. DocuSign's adjusted earnings of 97 cents per share for the second quarter exceeded analysts' expectations of 80 cents per share, according to LSEG....
Broadcom CEO Hock Tan.Lucas Jackson | ReutersBroadcom reported fiscal third-quarter results on Thursday that beat Wall Street expectations for revenue and earnings.Broadcom shares fell 5% in extended trading.Here is how the chipmaking conglomerate did versus LSEG consensus estimates for the quarter ending Aug. 4:Earnings per share: $1.24 adjusted vs....