Check out the companies making headlines in midday trading. Peloton — Shares of the fitness company soared nearly 17%, after adding 14% in the prior session, on news of its partnership with TikTok. Peloton will create a new fitness hub on the social media platform in an effort to...
The U.S. labor market beat expectations again in December, adding 216,000 jobs to close out the year while the unemployment rate held steady at 3.7%.Yet the job gains were slower than the same period a year ago, with the three-month average gain dropping to 165,000 a month compared with...
A networking and hiring event for professionals of color in Minneapolis, MN. Michael Siluk | Getty ImagesThe unemployment rate for Black Americans fell significantly in December, closing out 2023 on a positive note, according to data released Friday by the Department of Labor.Black Americans, the group with the highest jobless percentage...
Airline passengers between flights patronize the iHeartRadio facility at Denver International Airport in Denver on Jan. 19, 2014.Robert Alexander | Archive Photos | Getty ImagesIt's a familiar refrain: "Legacy media is dead" — unless you're talking about radio.Despite being one of the oldest media formats, dating back to the...
The U.S. labor market closed out 2023 in strong shape as the pace of hiring was even more powerful than expected, the Labor Department reported Friday.December's jobs report showed employers added 216,000 positions for the month while the unemployment rate held at 3.7%. Payroll growth showed a sizeable gain...
Check out the companies making headlines before the bell. Peloton — Shares of the fitness company provider jumped 3.8% on Friday, a day after Peloton announced that it is partnering with TikTok to bring short-form fitness videos to the social media platform. The partnership is an effort to boost...
Blank Street Coffee's shops have taken over New York City as they lure in customers with cheap lattes and cold brew.Now the upstart chain aims to attract even more consumers who want to slash their coffee budgets through a subscription program.The Blank Street Regulars program, which opened to the...
A now hiring sign is posted in front of a U-Haul rental center on November 03, 2023 in San Rafael, California.Justin Sullivan | Getty ImagesWhen the December jobs report is released Friday morning, markets will be looking for a number that hits a sweet spot between not so robust...
Check out the companies making headlines in midday trading. Comerica — Shares of the regional bank added 1.7% after Goldman Sachs upgraded the stock to buy from neutral. The firm said it expects regional banks' earnings power to improve starting in the second half of this year. Truist Financial...
An ESPN game day logo is displayed at the Capital One Orange Bowl game between the Georgia Bulldogs and the Florida State Seminoles on Saturday, December 30, 2023 at Hard Rock Stadium, Miami Gardens, Fla.Peter Joneleit | Icon Sportswire | Getty ImagesThe NCAA and ESPN have reached a new...