Fewer Americans apply for jobless benefits, labor market still showing strength
Fewer Americans applied for jobless benefits last week following a spike the previous week that some saw as a sign that higher interest rates were finally hobbling the labor market
2023-05-18 20:58
U.S. West Coast ports regain lost volume as competitive pressure mounts
By Lisa Baertlein CHICAGO Some U.S. importers who shifted cargo away from West Coast ports to rival gateways
2023-05-18 20:54
Initial jobless claims fell last week as fraudulent activity in Massachusetts clouds data
The number of first-time claims for weekly jobless benefits fell last week to 242,000, down 22,000 from 264,000 the week before, according to data published Thursday by the Department of Labor.
2023-05-18 20:46
Why a Fed rate-hike pause may not be as great for stocks as Wall Street hopes
To Wall Street's relief, the end appears in sight for the Federal Reserve's sharp hikes to interest rates
2023-05-18 20:29
BNY Mellon prices $500 million debt offering via diverse bookrunners
NEW YORK The Bank of New York Mellon Corporation priced a $500 million debt offering that was underwritten
2023-05-18 20:24
InnoPhase IoT Market-Ready Video Solutions Double Battery Life for Wi-Fi Cameras, Doorbells and Video IoT Device Applications
SAN JOSE, Calif.--(BUSINESS WIRE)--May 18, 2023--
2023-05-18 20:24
Wall Street set to open higher, European shares boosted by debt deal hopes
By Elizabeth Howcroft LONDON European shares rose on Thursday and Wall Street was set to open higher, as
2023-05-18 20:20
TuSimple to restructure US business, lay off 30% staff
Autonomous driving technology company TuSimple Holdings Inc said on Thursday that it will restructure its U.S. operations and
2023-05-18 20:17
Global wheat prices fall as Russia-Ukraine grain deal extended
Global wheat prices fell Thursday after Ukraine and Russia agreed to extend a deal allowing grain to be exported from Ukrainian ports in the Black Sea.
2023-05-18 20:16
Walmart boosts outlook after a strong first quarter and rising online sales
Walmart reported a strong first quarter and boosted its outlook for the year as the nation’s largest retailer continues to draw budget conscious consumers in a challenging economic environment
2023-05-18 20:15
Ford recalls SUVs, some for a second time, to fix rear camera display
Ford is recalling over 422,000 SUVs in the U.S. because the image from the rear camera may not be displayed
2023-05-18 19:57
PacWest, Western Alliance lead rebound in US regional lenders
Battered shares of PacWest Bancorp and Western Alliance Bancorp edged higher in premarket trading on Thursday as the
2023-05-18 19:52