Posts with tag: discovery
January’s jobs report is expected to show the economy added 170K jobs with no change in the 4.1% unemployment rate. Economists say the data should show the economy continues to add jobs but at a slower pace than in 2024.
Published on: February 06, 2025, 09:02 PM UTC
The labor market is holding steady, but economists are watching inflation closely as a potential threat. In ADP's January National Employment Report, service-providing sectors added jobs while goods-producing sectors lost jobs, indicating a consumer-led hiring market.
Published on: February 06, 2025, 02:02 PM UTC
Ford CEO warns that Trump's tariffs would "wipe out" billions in industry profits and hurt US jobs. Auto industry accounts for 26% of imports from Mexico and 12% from Canada.
Published on: February 06, 2025, 12:04 PM UTC
The Bank of England is poised to cut interest rates to a record low as Brexit fears and global economic headwinds take their toll.
Published on: February 06, 2025, 07:04 AM UTC
Novo Nordisk beats earnings estimates, driven by blockbuster weight loss drugs that account for 60% of revenue. The company anticipates slower growth in 2025 but remains optimistic due to positive early trial data for next-generation drugs. Potential headwinds include generic competition and Medicare drug pricing negotiations.
Published on: February 05, 2025, 02:06 PM UTC
Embraer signs $7 billion aircraft deal with Flexjet for 182 firm orders and 30 options, marking the largest order in Flexjet's 30-year history and Embraer's executive aircraft division.
Published on: February 05, 2025, 12:00 PM UTC
USPS suspends international packages from China, Hong Kong, potentially delaying or blocking shipments from Asian e-commerce retailers like Shein and Temu. The move highlights challenges for businesses amid US-China tensions and a crackdown on small package loopholes.
Published on: February 05, 2025, 12:00 PM UTC
Robinhood (HOOD) temporarily halts event contracts rollout after CFTC request
Published on: February 05, 2025, 12:04 AM UTC
IDEX Corp. (IEX) reported Q4 EPS of $1.62, a beat, and revenue of $862.9 million, a miss. The company expects Q1 EPS in the range of $1.60 to $1.65 and full-year EPS in the range of $8.10 to $8.45.
Published on: February 04, 2025, 11:08 PM UTC
President Trump has agreed to delay tariffs on Canada and Mexico for a month after both countries agreed to new measures to combat migration and drug trafficking at the border.
Published on: February 04, 2025, 02:01 AM UTC