The May jobs report showed a surprising rise in the number of U.S. non-farm payrolls in the economy and a drop in the U.S. unemployment rate from April…
Tag: U.S. unemployment
Tech stocks boost Nasdaq as recovery optimism prevails
Tech shares drove the Nasdaq index higher on Thursday, with U.S. weekly jobless claims dipping below 2 million, bolstering economic recovery optimism …
U.S. stocks surge as jobs and services data show signs economy likely near bottom
As labor and services data showed a slowdown in the pace of the economic damage wrought by the COVID-19 shutdowns, U.S. stocks surged, adding to…
U.S. unemployment claims drop sharply as country reopens
First-time claims for U.S. unemployment benefits totaled 2.1 million last week, the lowest total since the coronavirus shutdowns began. Economists surveyed…
President Trump: We won’t close America when second COVID-19 wave hits
President Donald Trump said “we are not closing our country” if the U.S. is hit by a second wave of COVID-19 infections. “People say that’s a very…
Why is the stock market rising even though 26M people are out of work?
Many investors believe the stock market has gone bonkers, saying it has become totally divorced from the reality on Main Street.…
U.S. payrolls plunge 701,000 in March, unemployment rate rises to 4.4%
U.S. non-farm payrolls in March fell by 701,000 and the unemployment rate rose to 4.4%. Some two-thirds of the drop came in the hospitality industry…
As U.S. economy expands, coronavirus has little impact so far
As the U.S. economy expanded at a modest to moderate pace over the past several weeks, the coronavirus has had little impact so far on U.S. economic data…
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…
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…
How Apple transformed a North Carolina town
For the second time in a decade, Apple looks to be focused on North Carolina..
Apple’s decision could lead to another Research Triangle Park evolution
Apple’s new, $5 billion headquarters in California sprawls across 175 acres in suburban Cupertino…
Apple takes different tack than Amazon, secretly searches for new east coast campus
The world’s two most valuable technology companies — Apple Inc. and Amazon.com Inc….
LGBT groups seethe as Apple eyes North Carolina site for new corporate campus
LGBT activists are reacting with anger and dismay at the prospect that Apple might build its new corporate campus in North Carolina…
Apple close to deal to build major new campus in North Carolina’s Research Triangle pending tax breaks
Apple is close to announcing a deal that would bring as many as 10,000 jobs to North Carolina…
Apple quietly explores Northern Virginia for 20,000-employee campus
Apple has quietly explored the idea of opening a campus for 20,000 employees in Northern Virginia…
UBS: How Apple could get to zero net cash
Apple Inc. has an enormous pile of cash — about $163 billion, to be exact…
Apple has eight years to pay $38 billion U.S. tax bill – with no interest or penalties
The eye-popping $38 billion tax bill that Apple Inc. said it plans to pay…
What Apple will likely do with their repatriated $207 billion
When you go through where Apple could spend an estimated net of $207 billion…
How Tim Cook’s ‘Trump strategy’ made Apple a killer stock
In case you haven’t noticed, Apple’s stock is up a mind-blowing 50% over the past 12 months…
What Apple could buy with all its cash
Apple has typically not made large acquisitions…
President Trump personally calls Apple CEO Cook, thanks him for $350 billion investment pledge
President Donald Trump said Thursday he personally called Apple CEO Tim Cook to thank him…
Here’s what Wall Street thinks of Apple’s cash repatriation plan
Returning its overseas cash could net Apple Inc. $207 billion after taxes, according to an estimate…
Why a record $38 billion U.S. tax payment is a good deal for Apple
Apple has faced mounting criticism in recent years for avoiding taxes in the US and Europe…
‘We want to help America,’ Apple CEO Tim Cook says of moving foreign money back to the U.S.
In an ABC News exclusive interview with Apple CEO Tim Cook…
Apple to build new U.S. campus, pay record $38 billion repatriation tax
Apple’s $38 billion tax commitment is the largest such sum announced in response to the major overhaul of the U.S. tax code that President Donald Trump signed into law…
Apple gives employees $2,500 bonuses after President Trump signed the GOP’s Tax Cuts and Jobs Act
Apple Inc. told employees Wednesday that it’s issuing a bonus of $2,500 worth of restricted stock units…
Looks like Apple is bringing nearly all of its $250 billion foreign cash back home to America
Apple, already the largest US taxpayer, anticipates repatriation tax payments of approximately $38 billion…
Apple plans to add $350 billion to U.S. economy and create over 20,000 new jobs over next 5 years, pay $38 billion in repatriated taxes, the largest ever made
Apple is increasing the size of their Advanced Manufacturing Fund from $1 billion to $5 billion…
Stock market optimism from pros reaches highest level in nearly 32 years
Stock market optimism among professional investors just keeps on surging…
U.S. jobless claims plunge to lowest level since 1973
Jobless claims are at the lowest level in more than four decades, indicating employers…
U.S. consumer confidence shows Americans upbeat on jobs, economy
Share of respondents citing ‘good’ business conditions rose to the highest level since early 2001…
U.S. unemployment rate falls to 10-year low, Apple shares hit new all-time highs
Job creation in April bounced back from a disappointing March…
Major indexes drop on U.S. jobs miss
U.S. stocks opened sharply lower Friday as Wall Street digested a weak jobs report…
U.S. stocks tumble with darkened view of jobs report in mind
U.S. stocks tumbled on Wednesday for a second session as data on U.S. private-sector jobs…
U.S. stocks end down after dismal jobs report
The total number of new jobs turned out to be the lowest in 10 months…
Stocks mostly flat on disappointing U.S. jobs report; Apple up on iPhone 5S production
U.S. stock futures were mostly flat after a reading on the labor market…
U.S. stocks rise as German court clears way for ESM; hopes increase for more U.S. quantitative easing
U.S. stocks rose, sending the Standard & Poor’s 500 Index…
