James Gandolfini as Tony Soprano and Edie Falco as Carmela Soprano seek counseling in HBO’s hit television series, “The Sopranos.” HBO | Hulton Archive | Getty Images Quiet luxury is out, and the “mob wife” era is in, according to Kayla Trivieri’s viral TikTok video. “Bold glamour is making a comeback,” […]
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Ford’s hybrid vehicle sales surge to offset EV decline in January
The 2022 Ford Maverick. Ford DETROIT — Ford Motor started the year with a slight increase in sales, as a large jump in hybrid vehicles offset an 11% decline in all-electric cars and trucks. The Detroit automaker on Friday reported sales rose 4.3% last month from January 2023, led by […]
Economists say the labor market is strong — but job seekers don’t share that confidence. Here’s why
The job market looks solid on paper. Over the course of 2023, U.S. employers added 2.7 million people to their payrolls, according to government data. Unemployment hit a 54-year low at 3.4% in January 2023 and ticked up just slightly to 3.7% by December. “The labor market has been fairly […]
Meta shares surge 20% after announcing first-ever dividend
Meta founder and CEO Mark Zuckerberg speaks during Meta Connect event at Meta headquarters in Menlo Park, California on September 27, 2023. Josh Edelson | AFP | Getty Images Shares of Facebook parent company Meta jumped Friday, after the firm reported a threefold rise in fourth-quarter profit and issued its […]
A year after bankruptcy concerns, Carvana is leaner and ready for its Wall Street redemption
A Carvana sign and signature vending machine in Tempe, Ariz. Michael Wayland/CNBC PHOENIX – As layoffs and cost cuts roil Wall Street, from retail and shipping to tech and media, embattled online used car sales giant Carvana says its own restructuring is in the rear view. Carvana over the last […]
Apple’s Vision Pro headset launches in U.S.
The first customer walks out of the Apple Store with his purchase of the Vision Pro headset in New York on February 2, 2024. Angela Weiss | Afp | Getty Images Apple‘s Vision Pro headset officially launches in the U.S. on Friday. Customers who pre-ordered the headset will begin to […]
Here’s where the jobs are for January 2024 — in one chart
The U.S. labor market continues to surprise economists and Wall Street with its resilience, as broad job gains in January led to employment growth of 353,000. The hiring was led by health care and social assistance, which added more than 100,000 jobs. If you include private education in that category, […]
U.S. economy added 353,000 jobs in January, much better than expected
Job growth posted a surprise increase in January, demonstrating again that the U.S. labor market is solid and poised to support broader economic growth. Nonfarm payrolls expanded by 353,000 for the month, much better than the Dow Jones estimate for 185,000, the Labor Department’s Bureau of Labor Statistics reported Friday. […]
Meta shares surge 17% in premarket trade after announcing first-ever dividend
Meta founder and CEO Mark Zuckerberg speaks during Meta Connect event at Meta headquarters in Menlo Park, California on September 27, 2023. Josh Edelson | AFP | Getty Images Shares of Facebook parent company Meta jumped Friday, after the firm reported a threefold jump in fourth-quarter profit and issued its […]
Wall Street is watching for a $10 billion domestic box office in 2026. Disney could get it there
LOS ANGELES — A push toward streaming, a pandemic and two Hollywood labor strikes have upended the theatrical industry, dragging on annual box-office hauls. While 2024 and 2025 boast franchise-rich movie slates, Wall Street doesn’t expect ticket sales to top $10 billion domestically until 2026. The domestic box office has […]