Just a few weeks ago, a December interest rate cut was viewed as practically a done deal by many economists. Now, with fresh government data showing solid U.S. job growth in September, many forecasters think the Federal Reserve is likely to hold off lowering borrowing costs when policy makers meet next month. The probability of a…
Check out the companies making headlines in midday trading: Nvidia — The chipmaker fell nearly 2%, reversing earlier gains after it reported fiscal third-quarter results that were well above expectations. Nvidia’s fourth-quarter revenue guidance was also stronger than analysts anticipated. As Nvida’s stock faltered a number of other AI trades fell as well including Palantir…
United States job growth accelerated in September despite a cooling job market as the unemployment rate rose. Nonfarm payrolls grew by 119,000 jobs after a downwardly revised 4,000 drop in August, according to the Bureau of Labor Statistics (BLS) report released on Thursday. Recommended Stories list of 4 itemsend of list The unemployment rate rose…
The impact of President Donald Trump‘s tariffs continues to rip through the logistics and transportation sectors, with major ports experiencing a steep drop in imports after records were set earlier this year, and volumes throughout the supply chain rolling over. For the first time in 2025, rates for van, flatbed, and refrigerated loads in October…
Verizon CEO Dan Schulman said in a Nov. 20 letter to employees that the wireless telecom is cutting 13,000 employees, or about 13% of its workforce, as it seeks to “evolve as a company” by slashing costs and restructuring operations. The company employed 99,600 workers at the end of 2024, according to its most recent annual…
Dutch government’s decision to relinquish control of chipmaker comes after major disruption to automotive supply chains. Published On 20 Nov 202520 Nov 2025 Click here to share on social media share2 Share The Netherlands has announced that it will return control of chipmaker Nexperia to its Chinese parent company, a step towards resolving a standoff between…
The long-delayed September jobs report showed that hiring strengthened, but the unemployment rate rose to a nearly four-year high. After the jobs data, S&P 500 futures extended an overnight rally on the back of strong Nvidia (NVDA) earnings that quieted AI bubble talk. The September jobs report will be the final monthly jobs report before…
Employers across the U.S. added 119,000 jobs in September, marking a pickup after previous employment data had shown a slowdown in hiring. The report marks the first official job tally since the government shutdown ended last week, ending a six-week blackout on labor data. The numbers Economists had forecast payroll gains of 50,000 jobs in September,…
Check out the companies making headlines before the bell: Nvidia — The chipmaker popped 5% after it reported fiscal third-quarter results that were well above expectations. Nvidia’s fourth-quarter revenue guidance was also stronger than analysts anticipated. Walmart — The retail giant gained rose slightly on better-than-expected results for the third quarter. Walmart earned an adjusted…
Check out the companies making headlines in after-hours trading. Nvidia — Shares of the chipmaker rose more than 6% in extended trading on the back of better-than-expected third-quarter results . Nvidia earned $1.30 cents per share, excluding items, on $57.01 billion in revenue. Analysts polled by LSEG had expected $1.25 cents per share in earnings…