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Category: Business

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., May 15, 2024. REUTERS/Brendan McDermid/File Photo

Wall St unsettled ahead of inflation data, Fed meeting

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 meeting
The 2023 Kia Telluride is unveiled at the 2022 New York International Auto Show, in Manhattan, New York City, U.S., April 13, 2022. REUTERS/Brendan McDermid

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 fix
A “Help Wanted” sign hangs in restaurant window in Medford, Massachusetts, U.S., January 25, 2023. REUTERS/Brian Snyder

US 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 lower
A customer bags his groceries after shopping at a Walmart store ahead of the Thanksgiving holiday in Chicago, Illinois, U.S. November 27, 2019. REUTERS/Kamil Krzaczynski

Walmart 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 ever
Hundreds of people line up outside a Kentucky Career Center hoping to find assistance with their unemployment claim in Frankfort, Kentucky, U.S. June 18, 2020. REUTERS/Bryan Woolston

U.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 cools
The logo of the New York Stock Exchange (NYSE) is seen on the door in New York, U.S., March 18, 2020. REUTERS/Lucas Jackson

NYSE 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

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