Job growth in America was stronger than expected in April. Nonfarm payrolls increased a seasonally adjusted 177,000 for the month…
Tag: unemployment
Data shows signs of stagflation for the American economy
Treasuries fell after a batch of data showed signs of a slowdown in the American economy – think stagflation – alongside an inflation rise…
U.S. jobs report key for market rally as Apple plunges
The stock market rally, now under pressure, continued to digest Fed chief Jerome Powell’s hawkish comments that the peak or “terminal” fed…
Apple lays off 100 recruiter contractors
Apple laid off about 100 of its contract-based recruiters in the past week, part of a push to rein in the tech giant’s hiring and spending…
U.S. stocks slide to yearly lows amid U.S. recession concerns
Stocks sank Thursday as investors concerns mounted over a potential U.S. recession and the potential economic costs of the Federal Reserve’s…
Stock futures slide on rising U.S. inflation, unemployment, and recession fears
U.S. stock index futures fell sharply after the Fed projected a slowing economy, rising unemploymentand the worst inflation in 40 years…
Dow falls 400 points as Apple, Microsoft drop
In volatile trading on Thursday, share prices fell as Apple and Microsoft led the broader market lower. The Dow Jones Industrial Average dropped 410 points…
COVID-19 closed tens of thousands of businesses – forever
Many U.S. states have been reopening their economies in the wake of extended COVID-19 shutdowns, but businesses across America are still closed — many…
U.S. GDP rose a better-than-expected 1.9% in Q3; private payrolls increase tops expectations in October
Personal consumption expenditures, a gauge of spending by American households, rose at a 2.9% annualized rate…
Microsoft axes 1,200 jobs, exits display ad business
About 1,200 jobs at Microsoft will be impacted…
Beleaguered Microsoft’s 18,000 layoffs the beginning of a painful attempt to clean up Ballmer’s mess, says Street
Nokia board members apparently pleaded with Stephen Elop to take a smaller bonus but he refused because he said he needed that money to pay for his pending divorce…
Beleaguered Microsoft to axe up to 18,000 employees over the next year
The job cuts are the largest in the company’s 39-year history…
10,000 robots to help assemble Apple’s iPhone 6; robots expected to impact low-skilled workers worldwide
Foxconn parent company Hon Hai is set to deploy an army of 10,000…
US economy’s momentum slips; softer overseas demand for US products
The U.S. economy’s momentum is slipping…
US stock futures erase gains after disappointing jobs report
U.S. stock index futures turned lower on Friday…
Tim Cook, other CEOs pledge help to Obama on long-term unemployed
Obama is meeting today with chief executives from Bank of America Corp. to EBay Inc…
Apple among decliners as techs weaken, mirroring broad market after disappointing U.S. jobs data
The tech sector weakened along with the broader market following…
John F. Kennedy, tax policy, and Apple Inc.
With fourth-quarter GDP growth estimated at less than 2%…
U.S. consumer sentiment drops in November to near two-year low; U.S. labor force participation rate falls to lowest since March 1978
U.S. consumer sentiment unexpectedly dipped in November to a near two-year low…
Anemic U.S. jobs report heightens concerns that lackluster economy stalling
Employers in the U.S. added fewer workers to payrolls than projected in September…
Obama praises Amazon in jobs speech from Amazon fulfillment warehouse
Obama will deliver a speech on rebuilding middle-class American jobs today…
Amid flurry of disappointing economic data, Apple closes under $400 on supplier concerns
Stocks extended their losses for a second day Thursday…
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…
Unemployed? Buy an iPhone
With an unemployment rate near 8% on the Election Day, jobs were the overwhelming concern of U.S. voters…
Tech stocks boost market as Apple rebounds; U.S. fiscal cliff, looming tax hikes mute gains
U.S. stocks closed slightly higher for a second day Thursday, thanks to tech strength…
Apple’s iPhone helped boost retail sales, but only a touch
No, the iPhone didn’t save the day for the U.S. economy…
Stocks struggle to hold gains; Apple slides
Major averages are on pace for their biggest weekly drop in more than four months…
U.S. stocks erase gains as optimism over jobs data fades; Apple tumbles 2.1 percent
U.S. stocks erased gains, after an early rally among benchmark indexes…
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…
Barlett & Steele: Apple represents the worst of American business, not the best
Next Wednesday, Apple is slated to unveil the iPhone 5…
Why Obama chose to use Steve Jobs over Google founders in DNC speech
During his speech last night President Obama made an unplanned reference to Steve Jobs
Stocks pare gains after weak U.S. employment report
There is nothing good in this report…
Apple can afford to make iPhone in U.S., say researchers
In recent years, Apple’s success has prompted scrutiny of everything…
Global shares fall on sluggish U.S. jobs
Friday’s data showed U.S. payrolls grew by 120,000 in March, far below the expected…
Economists weigh in on Apple’s U.S. job creation claims
Apple has made its first attempt to quantify how many American jobs…
Nasdaq vaults to 11-year high on jobs report, but…
The Nasdaq hit an 11-year high on Friday as optimism grew…
Apple and the American economy
In Apple, we have a company that’s been phenomenally successful, making products people love and…
U.S. stocks advance on speculation about Obama’s package to bolster jobs
Apple Inc. (AAPL) was the most-held stock among the top 50 hedge funds…
U.S. Rep. Jesse Jackson Jr. blames Apple iPad for killing thousands of American jobs
Rep. Jesse Jackson Jr. (D-IL), who admits to owning an iPad, blames Apple…
U.S. markets set to open lower after disappointing unemployment, inflation data
Wall Street stocks were set for a lower open on Thursday as worries…
