Economy

A view of a Canadian athletic apparel retailer Lululemon logo seen at one of their stores.Alex Tai | LightRocket | Getty ImagesCheck out the companies making headlines in early morning trading.MongoDB — The data developer platform stock surged 27% after the company issued a strong forecast for the second quarter, seeing between $388 million and $392… […]

The U.S. economy continued to crank out jobs in May, with nonfarm payrolls surging more than expected despite multiple headwinds, the Labor Department reported Friday.Payrolls in the public and private sector increased by 339,000 for the month, better than the 190,000 Dow Jones estimate and marking the 29th straight month of positive job growth.related investing… […]

Francesco Riccardo Iacomino | Moment | Getty ImagesPersistent inflation and higher interest rates have strained many household budgets, and consumers are shying away from some purchases such as home improvement projects or apparel. But millions of U.S. consumers aren’t giving up their vacations.A Deloitte survey from last month found that 50% of respondents planned to… […]

People sit outdoors at the Petite Crevette Restaurant on June 05, 2021 in the Brooklyn borough of New York City.Robert Nickelsberg | Getty ImagesDuring the Great Recession, consumers hunted for bargains, trading down to cheaper restaurants or picking the least expensive menu options.But today, as inflation puts pressure on their wallets, consumers are more likely… […]

Boeing 737 MAX aircraft are assembled at the company’s plant in Renton, Washington, U.S. June 25, 2024. Jennifer Buchanan | Via Reuters LONDON — Boeing ‘s output of 737 Max planes is showing signs of improvement, the new head of its commercial unit said ahead of a major air show on Sunday, while admitting that […]

Sen. Joe Manchin, D-W.Va., is seen in the U.S. Capitol on Wednesday, September 6, 2023. Tom Williams | CQ-Roll Call, Inc. | Getty Images Independent Sen. Joe Manchin on Sunday called on President Joe Biden to exit the race against former President Donald Trump. “I came to the decision with a heavy heart that I […]

Former US President Donald Trump exits after attending the Republican National Convention (RNC) at the Fiserv Forum in Milwaukee, Wisconsin, US, on Monday, July 15, 2024. Al Drago | Bloomberg | Getty Images The Secret Service denied some of former President Donald Trump’s requests for additional security resources over the past two years, an official […]

Alan Armstrong, chief executive officer of Williams Cos., speaks at the 2024 CERAWeek by S&P Global conference in Houston, Texas, US, on Wednesday, March 20, 2024. F. Carter Smith | Bloomberg | Getty Images The U.S. will fall behind in the artificial intelligence race if it does not embrace natural gas to help meet surging […]

Dilara Irem Sancar | Anatolia | Getty Images The stock market is in a rough patch as of late while investors grapple with macro pressures, upcoming elections and geopolitical tensions. However, investors and their portfolios can hold up in the tumult – if they’re able to ignore the short-term noise and choose stocks with attractive […]

United Auto Workers members on strike picket outside General Motors’ Detroit-Hamtramck Assembly plant in Detroit on Sept. 25, 2019, with Sen. Bernie Sanders, of Vermont, far left.Michael Wayland | CNBCDETROIT — The United Auto Workers union appears ready to take a hard line when it comes to national negotiations this year with the Detroit automakers,… […]