A ''Now Hiring" sign hangs above the entrance to a McDonald's restaurant in Miami Beach, Florida.Joe Raedle | Getty ImagesJob growth was much stronger than expected in December, possibly providing the Federal Reserve less incentive to cut interest rates this year.Nonfarm payrolls surged by 256,000 for the month, up...
Check out the companies making headlines in premarket trading. Delta Air Lines — The airline stock popped 6% on stronger-than-anticipated fourth-quarter earnings. Delta posted adjusted earnings of $1.85 per share in $14.44 billion in revenue. That surpassed the EPS of $1.75 and $14.18 billion in revenue expected by analysts...
People walk by a Walgreens on Nov. 3, 2024 in Brookline, Massachusetts.Danielle DeVries | CNBCWalgreens on Friday reported fiscal first-quarter earnings and revenue that topped expectations, as it shutters stores and cuts other costs to steer itself out of a rough spot.Here's what Walgreens reported for the three-month period...
Ed Bastian, CEO of Delta Airlines, speaking on CNBC's Power Lunch on Dec. 17th, 2024.Adam Jeffery | CNBCDelta Air Lines' first-quarter outlook on Friday topped analyst expectations as the carrier forecast strong travel demand to start the year, which CEO Ed Bastian said will likely be the carrier's best...
The logo for Taiwan Semiconductor Manufacturing Company is displayed on a screen on the floor of the New York Stock Exchange on Sept. 26, 2023.Brendan Mcdermid | ReutersTaiwan Semiconductor Manufacturing Co. posted December quarter revenue that topped analyst estimates, as the company continues to get a boost from the...
The December jobs report is likely to provide only limited clarity on where the labor market is headed, with experts differing on how pronounced a slowdown there is in hiring.From a consensus view, economists expect the Bureau of Labor Statistics on Friday morning to report a gain of 155,000...
Check out the companies making headlines in midday trading. eBay – Shares jumped 9.7% and touched 52-week highs after announcing that Meta is testing using its listings on Facebook Marketplace . Buyers from Facebook will be redirected to eBay to complete transactions. The gain put the stock on track...
The rally in bitcoin and other cryptocurrency prices has generated excitement among some investors, but investment advisors are largely still skeptical that those volatile assets belong in a 401(k) plan or other qualified retirement savings plans. Crypto was one of the fastest-growing categories of exchange-traded funds in 2024. The most...
A worker adjusts hiring signage at a job and resource fair hosted by the Mountain Area Workforce Development Board in partnership with NCWorks in Hendersonville, North Carolina, US, on Tuesday, Nov. 19, 2024. Allison Joyce | Bloomberg | Getty ImagesPrivate sector job creation eased more than expected in December while...
Check out the companies making headlines before the bell. SolarEdge Technologies — The solar stock dropped 6%. Citi downgraded SolarEdge to sell from neutral, saying the company faces "stubbornly high" operating expenses despite its restructuring announcement. Shares moved 6.6% and 8% higher on Monday and Tuesday, respectively, after SolarEdge...
Gregg Greenberg spent 14 years as a journalist at TheStreet.com where he wrote the highly popular column "The 5 Dumbest Things on Wall Street This Week". His work has appeared in magazines ranging from Glamour to ESPN the Magazine, and on humor sites such as Points in Case.
A woman walks near a Walgreens pharmacy on March 09, 2023 in New York City. Leonardo Munoz | Corbis News | Getty ImagesPharmacy staff from Walgreens are laying the groundwork for a nationwide walkout and multiple rallies at the end of October to protest unsatisfactory working conditions, and are in...
United Auto Workers members strike the General Motors Lansing Delta Assembly Plant on September 29, 2023 in Lansing, Michigan. Bill Pugliano | Getty ImagesDETROIT – A shift in strategy by the United Auto Workers union this week has some analysts wondering if the parties are — perhaps, counterintuitively — getting...
Zaza Cristina Robles worked as a pregnancy coach in her native Peru, so when she arrived in the U.S. at 16 weeks pregnant, the first thing she did after settling in with her in-laws was to seek medical care."When they showed us the bill, it was so expensive, my...
Popcorn buckets are pictured during the "Taylor Swift: The Eras Tour" concert movie world premiere at AMC The Grove in Los Angeles on Oct. 11, 2023.Valerie Macon | AFP | Getty ImagesTaylor Swift fans had just eight hours to buy tickets for last-minute Thursday night previews of her The...
Wealth Enhancement Group has added a new location in Los Angeles with its acquisition of KCS Wealth Advisory, an independent registered investment advisor, the firm announced Thursday. The deal brings Wealth Enhancement Group $373 million in assets under management and provides both firms with additional resources to enhance client services,...
Check out the companies making the biggest moves midday. Boeing — Shares of the aerospace company slipped 3%. On Thursday, Boeing said it was expanding the scope of its ongoing inspection into a production defect on some aft pressure bulkheads on the 737 Max 8 aircraft. Spirit AeroSystems ,...
