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Tag: U.S. employment

Dow Jones falls 200 points despite better-than-expected U.S. jobless claims

Thursday, November 12, 2020 12:01 pm52 Comments

The Dow Jones Industrial Average fell more than 200 points early Tuesday despite better-than-expected U.S. jobless claims …

U.S. job growth stronger than expected in October, unemployment rate slides to 6.9%

Friday, November 6, 2020 10:36 amFriday, November 6, 202053 Comments

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

Thursday, October 29, 2020 9:52 am15 Comments

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

Friday, October 23, 2020 2:14 pm29 Comments

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

Thursday, September 17, 2020 9:57 am28 Comments

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

Thursday, September 3, 2020 12:00 pm12 Comments

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

Thursday, August 13, 2020 10:23 am8 Comments

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

Thursday, July 2, 2020 9:41 am68 Comments

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

Friday, June 5, 2020 2:54 pm5 Comments

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

Friday, February 28, 2020 2:51 pmFriday, February 28, 202028 Comments

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

Friday, February 7, 2020 9:25 amFriday, February 7, 202030 Comments

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

Wednesday, January 22, 2020 12:48 pm9 Comments

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

Friday, December 6, 2019 3:26 pmFriday, December 6, 201913 Comments

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

Friday, December 6, 2019 9:27 amFriday, December 6, 201924 Comments

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

Friday, October 4, 2019 4:19 pm29 Comments

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

Wednesday, July 31, 2019 2:53 pmWednesday, July 31, 20197 Comments

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

Friday, May 3, 2019 3:02 pm105 Comments

Steady job growth and solid wage increases have enlarged Americans’ paychecks…

After meeting with President Trump, Foxconn’s Terry Gou to visit Wisconsin

Thursday, May 2, 2019 9:29 amThursday, May 2, 201913 Comments

Foxconn billionaire chairman Terry Gou has met United States President Donald Trump…

Apple’s iPhone sales are finally turning around

Wednesday, May 1, 2019 12:30 pmWednesday, May 1, 20192 Comments

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

Wednesday, May 1, 2019 8:37 am1 Comment

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

Tuesday, April 30, 2019 9:32 amTuesday, April 30, 201916 Comments

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

Monday, April 29, 2019 2:02 pmMonday, April 29, 201930 Comments

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

Friday, April 19, 2019 5:32 pmTuesday, April 30, 201915 Comments

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

Friday, April 19, 2019 9:05 am8 Comments

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

Thursday, April 11, 2019 9:32 pmThursday, April 11, 201930 Comments

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?

Wednesday, April 10, 2019 4:43 pm23 Comments

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’

Friday, February 1, 2019 3:38 pm17 Comments

Foxconn says it’s moving forward with the construction of its Wisconsin facility…

Stocks higher as January jobs report smashes estimates despite government shutdown

Friday, February 1, 2019 10:10 amFriday, February 1, 201910 Comments

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

Wednesday, January 30, 2019 1:02 pm13 Comments

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

Thursday, January 24, 2019 5:30 pm33 Comments

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

Wednesday, November 28, 2018 10:57 amWednesday, November 28, 20184 Comments

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

Friday, November 2, 2018 9:57 am44 Comments

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

Wednesday, October 17, 2018 12:27 pmWednesday, October 17, 201851 Comments

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

Friday, September 7, 2018 2:56 pm80 Comments

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

Tuesday, August 14, 2018 4:55 pmTuesday, August 14, 201834 Comments

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

Tuesday, July 31, 2018 4:21 pm74 Comments

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

Wednesday, July 11, 2018 11:09 pmThursday, July 12, 20188 Comments

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

Friday, July 6, 2018 5:28 pmFriday, July 6, 201837 Comments

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

Thursday, June 28, 2018 5:35 pmThursday, June 28, 201853 Comments

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

Monday, June 18, 2018 10:26 amMonday, June 18, 20184 Comments

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

Monday, June 4, 2018 12:05 pmMonday, June 4, 20188 Comments

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

Friday, June 1, 2018 2:31 pmFriday, June 1, 201812 Comments

Amazon is still considering the Triangle for its huge HQ2 project, and downtown Raleigh…

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