'Good' jobs report weak enough to hold off Fed
April’s 223,000 nonfarm payrolls were strong enough to signal a rebound, but weak enough to hold off Fed rate hikes until the second half of the year.
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Nike backs Obama on trade with pledge to create 10,000 U.S. jobs
Sports shoe maker Nike Inc put its weight behind President Barack Obama’s push for a trade deal with Asian countries on Friday with a promise to create up to 10,000 U.S.-based manufacturing jobs if the pact is approved. In an announcement coinciding with a visit by Obama to Nike’s Oregon headquarters, the company said footwear tariff relief within the proposed 12-nation Trans Pacific Partnership trade agreement would allow it to
Tesla's Battery Grabbed $800 Million in Its First Week
Tesla is already building a 5-million-square-foot battery factory. Anyone can go online and place a reservation, years in advance, with no money down and no commitment to buy.
Wedbush: Stock market is at a major top
For individual investors, it’s time to steer clear of the market, warns the Head of equity trading at Wedbush Securities.
U.S. stocks rise as jobs data spur optimism
U.S. stocks rose after a rebound in hiring last month bolstered optimism that economic growth is accelerating, but not fast enough to warrant higher interest rates in June.
Bad jobs news, good stock news: Jim Paulsen
Jim Paulsen, chief investment strategist at Wells Capital Management, says the government’s April jobs report was not as strong as it appeared.
McDonald's April global restaurant sales dip less than expected
Same-store sales at McDonald’s restaurants globally fell 0.6 percent in April, its 11th straight monthly decline. Same-restaurant sales grew 1 percent in Europe, as gains in the United Kingdom and Germany offset declines in the key markets of France and Russia amid economic volatility in the region. Shares of the world’s biggest restaurant chain were up 2 percent at $98.72 in morning trading, mirroring a rally in U.S. stocks following
Puerto Rico may run out of cash by end of Sept -development bank
Puerto Rico is set to run out of cash by the end of September without additional financing, and may implement emergency measures, including defaulting on its debt obligations, according to a report by the U.S. territory’s fiscal agent. The measures could include steps to cut government spending and a “moratorium on the payment of debt service” and “a debt adjustment for the Commonwealth,” the island’s Government Development Bank said in
Job growth regains steam, keeping Fed rate hike on track
U.S. job growth rebounded last month and the unemployment rate dropped to a near seven-year low of 5.4 percent, signs of a pick-up in economic momentum that could keep the Federal Reserve on track to hike interest rates this year.
Scott Eastwood Buys His Own Men's Fitness Issue, Says It's a Moment of "Extreme Embarrassment"—See the Pic!
Don’t be embarrassed, Scott Eastwood! All people probably want to own a little something with their face on it. The hunky actor Instagrammed a hilarious picture of himself purchasing…