The Dow Jones Industrial Average fell more than 200 points early Tuesday despite better-than-expected U.S. jobless claims …
Tag: U.S. employment
U.S. job growth stronger than expected in October, unemployment rate slides to 6.9%
U.S. job growth posted a stronger than expected gain in October. U.S. nonfarm payrolls increased by 638,000 for the month and…
U.S. weekly jobless claims fall to better-than-expected 751,000; lowest level since March
Initial weekly U.S. jobless claims fell to 751,000 for the week ending October 24th, down 40,000 from the previous week. It was the lowest…
Confidence improves as U.S. business activity hits 20-month high
Confidence among U.S. businesses is steadily improving. U.S. business activity increased to a 20-month high in October…
Apple, stocks fall despite better-than-expected U.S. weekly jobless claims
Stock futures continued lower early Thursday as profiut-taking continued, despite a better-than-forecast weekly jobless claims report…
Dow plunges 800 points amid better than expected U.S. jobless claims; Apple drops
The Dow Jones Industrial Average plunged more than 800 points early Thursday amid declining jobless claims. Tech giant Apple slid 5%…
Wall Street edges up as weekly U.S. jobless claims drop; Apple eyes $2 trillion market cap
Wall Street was set to open a touch higher on Thursday, with the S&P 500 close to a record high, after data showed weekly U.S. jobless claims
U.S. economy adds record-breaking 4.8M jobs in June, smashing expectations; unemployment rate falls
A new U.S. Labor Department report shows U.S. employers added 4.8 million jobs in June. The biggest increase on record. Unemployment dropped more than…
Nasdaq hits record high as U.S. economy shows signs of swift rebound
On growing hopes of a swift economic rebound, the Nasdaq on Friday became the first of the three major U.S. stock indexes to bounce back to a record high …
Apple CEO Tim Cook: President Trump and I both care about creating jobs
Apple CEO Tim Cook discusses coronavirus’ impact on Apple and interests he shares with president Donald Trump, including the creation of jobs in America…
U.S. jobs report: U.S. adds a much stronger-than-expected 225,000 jobs
The January jobs report is out and the U.S. has added a much stronger-than-expected 225,000 jobs, well above Wall Street estimates…
Foxconn pledges to start up Wisconsin electronics plant this year
Foxconn founder Terry Gou pledged to start up a long-delayed electronics plant in Wisconsin this year. Gou said the plant will drive his company’s vision…
Dow jumps 300 points on strong U.S. jobs report; Apple hits new all-time high
U.S. stocks soared Friday after a much better-than-expected employment report for November from the Labor Department which saw the economy create 266,000 new jobs…
November U.S. job growth increased by the most in 10 months, confirming economic expansion continues
Employers added 266,000 jobs in November and unemployment matched a 50-year low of 3.5%…
Dow rallies more than 350 points as U.S. unemployment hits 50-year low
The U.S. economy added 136,000 jobs in September as the unemployment rate fell to 3.5 percent, its lowest since 1969, the Bureau of Labor Statistics said…
U.S. Federal Reserve cuts rates for first time since 2008
The Federal Reserve cut interest rates by 25 basis points in its policy-setting meeting on July 31..
U.S. unemployment hits five-decade low as employers step up hiring, wages increase
Steady job growth and solid wage increases have enlarged Americans’ paychecks…
After meeting with President Trump, Foxconn’s Terry Gou to visit Wisconsin
Foxconn billionaire chairman Terry Gou has met United States President Donald Trump…
Apple’s iPhone sales are finally turning around
After the collective freak-out about Apple’s poor showing during its last financial quarter…
U.S. stock futures bounce as investors cheer Apple results
The S&P 500 index registered its best four-month rally in nearly nine years…
Foxconn chairman Terry Gou travels to White House to discuss Wisconsin investment
Terry Gou, the chairman of Apple supplier Foxconn will travel to the United States on Tuesday…
U.S. consumer spending surges to post biggest rise in more than 9-1/2 years
Plus, price pressures remained muted, with a key inflation measure posting its smallest annual gain in 14 months…
Apple-supplier Foxconn ‘still committed’ to 13,000 Wisconsin jobs, despite governor’s doubts
Foxconn apparently still has big plans for Wisconsin, even though the state’s governor is skeptical…
Foxconn says it remains committed to Wisconsin investment project
Taiwan’s Foxconn said on Friday it remains committed to its contract to build a display plant and tech research facilities in Wisconsin…
U.S. jobless claims at 50-year low
The fewest people in nearly 50 years sought unemployment benefits last week, a sign of a strong job market…
What’s going on with Foxconn in Wisconsin?
The secrecy and vagueness are frustrating to critics…
Foxconn after talks with White House: Wisconsin site will be an ‘advanced manufacturing facility as well as a hub of high technology innovation’
Foxconn says it’s moving forward with the construction of its Wisconsin facility…
Stocks higher as January jobs report smashes estimates despite government shutdown
On a year-over-year basis, wage growth amounted to a 3.2 percent increase, consistent with the past few months and around the highest levels of the recovery…
Foxconn reconsidering plans to make LCD panels at Wisconsin plant
Foxconn Technology Group is reconsidering plans to make advanced liquid crystal display panels…
U.S. weekly jobless claims fall to the lowest level since 1969
The number of Americans filing applications for unemployment benefits fell to more than a 49-year low…
Billionaire CEO Benioff foresees several years of strong growth for U.S. economy
A record $7.9 billion was spent on Cyber Monday this year, up 19.3% year over year…
Dow jumps 150 points after strong U.S. jobs report, wage increases, trade optimism, but Apple drags down the Nasdaq
Stocks traded mostly higher on Friday following the release of better-than-expected employment data…
U.S. again assumes throne as world’s most competitive economy; first time since 2008
The U.S. is back on top as the most competitive country in the world…
How President Trump created a tremendous U.S. economic boom
The current numbers are a uniquely Trumpian achievement and not owed to policies already set in motion when he took office…
Foxconn secured permission to withdraw more than 7 million gallons a day from Lake Michigan
Great Lakes states are so zealous about guarding their increasingly valuable natural resource from thirsty outsiders…
U.S. worker pay rate hits highest level since 2008
Compensation for workers rose to a nearly 10-year high in the second quarter as inflation pressures continued…
North Carolina governor ‘hopeful’ to win Apple campus despite the company’s silence
Despite a lack of news over recent weeks, Apple is rumored to be eyeing Research Triangle Park…
Dow rises as Wall Street weighs strong U.S. jobs report, Trump administration’s China tariffs
Stocks were higher on Friday, July 6, after the U.S. added more jobs to payrolls in June than expected…
President Trump gives remarks at groundbreaking of Apple supplier Foxconn’s $10 billion Wisconsin factory
President Donald Trump on Thursday said his demands for ‘fair and reciprocal trade’ are a response to…
Apple supplier Foxconn purchases North American headquarters in Milwaukee
Foxconn Technology Group has purchased a downtown Milwaukee building to house its North American headquarters…
Wall Street higher on robust U.S. jobs data, Apple leads tech rally
U.S. stocks climbed on Monday led by gains in technology shares and Friday’s robust jobs data…
Apple’s announcement of new campus location said to be imminent
Amazon is still considering the Triangle for its huge HQ2 project, and downtown Raleigh…