Posts with tag: big data
The U.S. job market added 143,000 jobs in January, cooling from previous months but remaining solid. Despite the slowdown, the unemployment rate edged down to 4%, showing a healthy labor market. The revised numbers show a lower number of jobs created in the year through March 2024 but a substantially higher number of employed Americans. Despite political uncertainty, employers maintain a "business as usual" attitude, contributing to the labor market's stability. However, factors such as reduced immigration and tariffs remain potential wild cards for the future labor market.
Published on: February 07, 2025, 10:01 PM UTC
Elon Musk's role as head of President Trump's government efficiency commission has led to both support and opposition, with public opinion shifting against his influence in recent months.
Published on: February 07, 2025, 03:03 PM UTC
Skyworks Solutions (SWKS) stock plunged 23% after losing Apple business to a competitor, believed to be Broadcom (AVGO). Apple now dual-sources chips from Skyworks, reducing demand by 20-25%. Analysts speculate on the impact on Skyworks' revenue and the company's CEO shake-up.
Published on: February 06, 2025, 09:02 PM UTC
Mortgage rates dip amid market volatility caused by evolving tariff plans. The average 30-year mortgage rate is 6.89%, down from 6.95% the previous week. 15-year mortgage rates also fell to 6.05% from 6.12%.
Published on: February 06, 2025, 06:00 PM UTC
Laboratory Corp. of America Holdings (LH) reported a Q4 EPS of $3.45, beating estimates of $3.40. Revenue was $3.33 billion, exceeding expectations of $3.31 billion. For the year, the company reported earnings of $8.84 per share on revenue of $13.01 billion.
Published on: February 06, 2025, 01:10 PM UTC
Auto parts supplier BorgWarner forecasts lower revenue and profit in 2025 due to reduced vehicle production and a strong US dollar, impacting the Western auto industry.
Published on: February 06, 2025, 01:00 PM UTC
AllianceBernstein logs $105.4 million in net income for the fourth quarter; $1.05 per share earnings
Published on: February 06, 2025, 12:07 PM UTC
US stock futures creep higher reacting to the market's jitters about Big Tech's AI spending and President Donald Trump's fast-moving economic policies.
Published on: February 06, 2025, 09:01 AM UTC
Horace Mann Educators reports Q4 earnings of $0.92 per share, beating estimates by $0.70; revenue of $409 million; up 1.92% after hours.
Published on: February 05, 2025, 11:06 PM UTC
A 10% tariff on imports from China, Canada, and Mexico could cost the average American family $1,200 per year, according to a new report. The tariffs would raise prices on a wide range of goods, including automobiles, appliances, electronics, building materials, medicines, clothing, food, and toys.
Published on: February 05, 2025, 02:03 PM UTC