U.S. Treasury yields rose Friday, with the 10-year nearing a 16-year high after the latest jobs data came in stronger than economists anticipated. The yield on the 10-year Treasury was up by 13 basis points at 4.851%. It had hit a fresh 16-year high earlier in the week, rising as […]
CNBC News
Payrolls soared by 336,000 in September, defying expectations for a hiring slowdown
Job growth was stronger than expected in September, a sign that the U.S. economy is hanging tough despite higher interest rates, labor strife and dysfunction in Washington. Nonfarm payrolls increased by 336,000 for the month, better than the Dow Jones consensus estimate for 170,000 and more than 100,000 higher than […]
Payrolls increased by 336,000 in September, much more than expected
Job growth was stronger than expected in September, a sign that the U.S. economy is hanging tough despite higher interest rates, labor strife and dysfunction in Washington. Nonfarm payrolls increased by 336,000 for the month, better than the Dow Jones consensus estimate for 170,000, the Labor Department said Friday in […]
Stocks making the biggest premarket moves: Pioneer Natural Resources, Levi Strauss, Tesla, Philips and more
Justin Sullivan | Getty Images Check out the companies making the biggest moves in premarket trading: Pioneer Natural Resources — The energy stock soared nearly 10% in premarket trading after The Wall Street Journal reported Pioneer was close to reaching a deal to be bought by Exxon Mobil for about […]
Streaming companies chase Spanish-language sports rights to capture growing Hispanic viewership
Roberto Firmino of Liverpool shoots whilst under pressure from Eder Militao of Real Madrid during the UEFA Champions League Quarter Final Second Leg match between Liverpool FC and Real Madrid at Anfield on April 14, 2021 in Liverpool, England. Shaun Botterill | Getty Images Sport | Getty Images Streaming platforms […]
NBA can shift the balance of power in media with its next rights deal
Jimmy Butler #22 of the Miami Heat dribbles against Jamal Murray #27 of the Denver Nuggets during the fourth quarter in Game Five of the 2023 NBA Finals at Ball Arena on June 12, 2023 in Denver, Colorado. Justin Edmonds | Getty Images Sport | Getty Images The National Basketball […]
Philips shares fall 8% after U.S. drug regulator deals fresh blow to sleep device recall
Philips office building in Warsaw, Poland on July 29, 2021. (Photo by Beata Zawrzel/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images Shares of Dutch health tech company Philips tumbled to the bottom of the European benchmark on Friday, after the U.S. drug regulator deemed its handling of a […]
Inflation is ‘always going to be a risk’ with the U.S. economy now fundamentally changed, ADP chief economist says
A help wanted sign on a storefront in Ocean City, New Jersey, US, on Friday, Aug. 18, 2023. Surveys suggest that despite cooling inflation and jobs gains, Americans remain deeply skeptical of the president’s handling of the post-pandemic economy. Photographer: Al Drago/Bloomberg via Getty Images Al Drago | Bloomberg | […]
Tesla cuts Model 3 and Model Y prices in the U.S. after car deliveries fall
A Tesla dealership in Colma, California, U.S., on Wednesday, Jan. 26, 2022. David Paul Morris | Bloomberg | Getty Images Tesla cut the price of some Model 3 and Model Y versions in the U.S. after the company reported third-quarter deliveries that missed market expectations. The starting price for the […]
Russia’s government lifts ban on most of its diesel exports
In this photograph taken on September 22, 2023, the Eneida bulk carrier cargo ship sails towards the Ukrainian Black sea port of Chornomorsk, amid Russia’s military invasion on Ukraine. – | Afp | Getty Images Russia’s government on Friday said it had withdrawn a ban on diesel exports delivered to […]