Tag: programming

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Revised Payroll Benchmark Shows 598,000 Fewer Jobs Created in 12 Months

The Bureau of Labor Statistics revised its estimate of job creation in the past year to 598,000 fewer than previously reported. The final nonfarm payrolls benchmark revision was less than the 818,000 reduction estimated in August. Economists had expected the level of employment over the 12-month period to be reduced by about 668,000 jobs following updates to the Quarterly Census of Employment and Wages data.

CBOE's Earnings Miss, Revenue Falls Short of Estimates

CBOE Global Markets reports Q4 net income of $196.5 million, missing expectations. Adjusted revenue also fell short of estimates, while annual profit and revenue increased.

U.S. Stocks React to Earnings Season, Policy Overhaul

Amazon Q4 earnings beat estimates, but Q1 guidance disappoints; US stocks mixed on earnings, policy overhaul anticipation

Affirm Shares Soar 16% on Surprise Quarterly Profit

Affirm shares surged 16% premarket after the buy now, pay later lender reported a surprise quarterly profit and forecast upbeat annual revenue.

Pound Weakness Expected After BOE Policy Decision

Investors are positioning for more weakness in the pound after the Bank of England's latest policy decision, which halved its growth forecast and saw two board members vote for aggressive rate cuts.

US Stock Futures Hold Steady Ahead of Jobs Report, Amazon Earnings Disappoint

U.S. stock futures paused Friday ahead of key jobs data and following Amazon's disappointing outlook, with the tech-heavy Nasdaq hovering near unchanged levels.

Inflation Test Looms for Wall Street Amid Tariff Concerns

Stock markets face inflation test as Trump's tariffs raise rate cut concerns. Key data and earnings reports in focus.

Weekly US Jobs Report to Guide Interest Rate Path

Stocks, bonds, and the dollar fluctuated ahead of the US jobs report, which could influence interest rate decisions. S&P 500 futures held steady, while Treasury yields remained at 4.43%. European stocks extended their weekly gains, and the jobs report is projected to show 175,000 new jobs added last month. Investors will monitor revisions to job growth data to assess the labor market's cooling trend.

Oil Heads for Third Weekly Decline on Trade War Demand Concerns

Oil heads for third weekly decline as slowdown concerns outweigh Iran sanctions impact

Elon Musk's Popularity Dives as He Takes Aim at Federal Agencies

Elon Musk's growing unpopularity threatens his influence over Trump. A recent poll shows declining support for Musk's government role, particularly among Republicans. Steve Bannon, a Trump adviser, has publicly denounced Musk as "evil." Despite Musk's progress in cutting government agencies, legal challenges and constitutional concerns loom.