Posts with tag: technology
Clean energy advocates shift messaging to emphasize wealth-building potential in a bid to bolster support amid challenges posed by the Trump administration's rollbacks.
Published on: February 07, 2025, 02:04 PM UTC
The US labor market remained resilient in January, with unemployment falling to a post-pandemic low of 4%, wage growth exceeding expectations, and revisions to job gains adding strength to the market. Despite a slowdown in job openings, other indicators like hiring and quits rates remained stable. The data suggests a "broadly stable" labor market, as described by Fed Chair Powell, with low hiring but strong job security and wage growth.
Published on: February 07, 2025, 02:04 PM UTC
US stocks mixed on Thursday ahead of Amazon results as investors assess earnings and watch Trump's policy moves.
Published on: February 07, 2025, 02:03 PM UTC
U.S. job growth unexpectedly slowed in January due to wildfires and cold weather, but a 4% unemployment rate may prevent the Federal Reserve from cutting interest rates until June.
Published on: February 07, 2025, 02:00 PM UTC
Plains All American Pipeline L.P. (PAA) reported a fourth-quarter loss of 4 cents per share, missing Wall Street expectations. Adjusted earnings were 42 cents per share on revenue of $12.4 billion.
Published on: February 07, 2025, 01:06 PM UTC
Ubiquiti Inc. reported $136.8 million in profit for its fiscal second quarter, with earnings per share of $2.26. Adjusted for stock option expense, earnings were $2.28 per share. The company posted revenue of $599.9 million during the period.
Published on: February 07, 2025, 01:06 PM UTC
Expedia Group reports better-than-expected gross bookings for Q4 2024, indicating strong travel demand during the holiday season.
Published on: February 07, 2025, 01:05 PM UTC
The January jobs report is expected to show hiring slowed to start 2025 while the unemployment rate was flat. Economists expect non-farm payrolls to have risen by 170,000 in January, while the unemployment rate held steady at 4.1%.
Published on: February 07, 2025, 01:03 PM UTC
Google is backing away from diversity hiring targets, joining Meta in reversing course on certain corporate diversity initiatives. Amidst intensifying scrutiny of DEI goals, many companies are withdrawing from such policies due to legal and political pressure.
Published on: February 07, 2025, 01:03 PM UTC
Amazon shares fell after mixed Q1 results and guidance despite a strong quarter, primarily due to currency fluctuations and a $104 billion capex guide. Analysts remain bullish due to AWS growth potential and the company's solid performance, including 19% AWS sales growth and its highest quarterly operating income ever.
Published on: February 07, 2025, 01:01 PM UTC