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Category: Business

An employee hiring sign with a QR code is seen in a window of a business in Arlington, Virginia, U.S., April 7, 2023. REUTERS/Elizabeth Frantz/File Photo

US labor market remains stable; weather, strike distortions loom

October 3, 2024 – 6:48 AM PDT WASHINGTON (Reuters) – The number of Americans filing new applications for unemployment benefits rose marginally…

Read More US labor market remains stable; weather, strike distortions loom
The Nike Alphafly 3 running shoe is displayed during the launch REUTERS/Stephanie Lecocq//File Photo

Nike shares drop as investors fret over murky turnaround timeline

Nike shares fell about 8% in early trading on Wednesday after the sportswear giant withdrew its annual revenue target.

Read More Nike shares drop as investors fret over murky turnaround timeline
Tonya Young and her grandson Anthony Young shop at a Family Dollar store in Nashville, August 17, 2024. REUTERS/Kevin Wurm

When the dollar store closes, US families on food benefits lose a lifeline

Nearly every day, Latrina Begley, 37, of Nashville, or one of her six children, shopped at the Family Dollar down the hill from their home.

Read More When the dollar store closes, US families on food benefits lose a lifeline
A person shops for vegetables at a supermarket in Manhattan, New York City, U.S., March 28, 2022. REUTERS/Andrew Kelly/File Photo

US consumer spending, inflation rise moderately in August

Consumer spending increased slightly less than expected in August, suggesting some moderation in economic growth in the third quarter.

Read More US consumer spending, inflation rise moderately in August
A smartphone with a displayed Micron logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

Wall St rises on AI euphoria after Micron’s upbeat forecast

Wall Street’s main indexes rose, with the S&P 500 hitting a record high, as Micron’s upbeat forecast revived the frenzy around AI.

Read More Wall St rises on AI euphoria after Micron’s upbeat forecast
A Southwest commercial airliner takes off from Las Vegas International Airport in Las Vegas, Nevada, U.S., February 8, 2024. REUTERS/Mike Blake/File Photo

Southwest plans to reduce service and staffing in Atlanta, union says

Southwest Airlines plans to reduce service to and from Atlanta next year, affecting some employees on the impacted routes.

Read More Southwest plans to reduce service and staffing in Atlanta, union says

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