Wall Street slipped on Monday as wary investors steered clear of risky assets ahead of a key inflation reading and a meeting of the Federal Reserve this week.
Read More Wall St unsettled ahead of inflation data, Fed meetingCategory: Business
US says 463,000 Kia SUV owners should park outside pending recall fix
The Korean automaker said Friday it was recalling Telluride sport utility vehicles from the 2020 through 2024 model years over fire risks.
Read More US says 463,000 Kia SUV owners should park outside pending recall fixUS weekly jobless claims edge higher, Q1 labor costs revised lower
The labor market is cooling but not enough to allay the Federal Reserve’s hesitance to begin cutting interest rates.
Read More US weekly jobless claims edge higher, Q1 labor costs revised lowerWalmart to pay US hourly store workers bonuses for first time ever
Both part-time and full-time associates will be eligible for the annual bonus program, the idea for which came from feedback from store workers.
Read More Walmart to pay US hourly store workers bonuses for first time everU.S. job openings drop in April, as labor market cools
Job openings, a measure of labor demand, were down 296,000 to 8.059 million on the last day of April, the lowest level since February 2021.
Read More U.S. job openings drop in April, as labor market coolsNYSE resolves glitch that led to volatility pause for dozens of stocks
NYSE said it had resolved a reported technical issue regarding Limit Up-Limit Down bands that sent dozens of stocks into volatility pauses.
Read More NYSE resolves glitch that led to volatility pause for dozens of stocks