Strong jobs report will trigger 'higher for longer' interest rates, economist says
Friday's surprisingly strong jobs report for December will likely keep the Federal Reserve from significant cuts to interest rates from here, according to Torsten Slok, Apollo Global Management's ...
Constellation Brands’ stock slides as CEO cites ‘uncertainty’ about consumer spending
The parent of the Modelo and Corona beer brands lowered its 2025 outlook, despite third-quarter profit growth.
Treasury yields jump after stronger-than-expected U.S. jobs report
Treasury yields were climbing Friday as investors weighed a jobs report that was stronger than Wall Street expected. The yield on the 10-year Treasury note was up about 10 basis points at around 4.78% ...
Pulse Biosciences Appoints Co-Chairman Paul LaViolette as CEO
Pulse Biosciences has appointed the company's co-chairman, Paul A. LaViolette, as its new chief executive. LaViolette replaces Burke T. Barrett, who was named president and CEO of the ...
Canada Building Permits -5.9% In Nov From Oct
Dow Jones Newswires is a market-moving financial and business news source, used by wealth managers, institutional investors and fintech platforms around the world to identify trading and investing ...
Jobs report shows big 256,000 increase in December. Unemployment drops to 4.1%.
The U.S. added a bigger-than-expected 256,000 new jobs in December, but most of the increase was concentrated in just a few ...
Royalty Pharma to Simplify Corporate Structure in $1.1B Deal for External Manager
Royalty Pharma agreed to acquire its external manager, RP Management, in a $1.1 billion deal that it believes will pay for itself in the long-term as it aims to simplify its corporate structure.
Tilray’s stock slumps as cannabis and beer maker plans to cut its drinks lineup
Tilray Brands Inc.’s stock fell in premarket trading on Friday after the beer and cannabis company said it expects a $20 ...
Pfizer's Sasanlimab Hits Late-Stage Study Primary Endpoint for Bladder Cancer
Pfizer on Friday said the pivotal Phase 3 study evaluating sasanlimab in combination with standard-of-care Bacillus Calmette-Guerin, or BCG, as induction therapy with or without maintenance in ...
Bank of America Consumer Investments Top $500B in Assets
Bank of America said that its consumer investments business has over $500 billion in client assets. The lender on Friday said that the current size of its clients' assets has grown by more than 10 ...
U.S. labor market could see job-creation streak stretch to 48th month
Barring a huge miss, Friday's December payrolls report could mark a notable milestone for the U.S. labor market and economy: ...
Dow futures pare losses with December payrolls ahead
U.S. stock index futures were paring their early session losses on Friday as investors waited for the December payrolls numbers, a report that could have [a major impact on the market.]( ...