The number of Americans filing new claims for unemployment benefits increased moderately last week, suggesting that the labor market was gradually losing momentum.
Read More US weekly jobless claims increase moderately
Category: Business
Oil drops on demand worries after US gasoline inventories swell
Oil prices fell by 2.5% as a bigger-than-expected rise in U.S. gasoline inventories worried markets about demand.
Read More Oil drops on demand worries after US gasoline inventories swell
Wall Street ends mixed after job openings hint at cooling economy
Wall Street finished mixed on Tuesday after fresh employment data bolstered bets that the U.S. Federal Reserve will cut interest rates as soon as March.
Read More Wall Street ends mixed after job openings hint at cooling economy
US job openings hit more than 2-1/2-year low as labor market cools
U.S. job openings fell to more than a 2-1/2-year low in October, the strongest sign yet that higher interest rates were dampening demand for workers.
Read More US job openings hit more than 2-1/2-year low as labor market cools
Eli Lilly’s obesity drug now available in U.S. pharmacies
Eli Lilly said its recently approved obesity treatment Zepbound is now available in U.S. pharmacies.
Read More Eli Lilly’s obesity drug now available in U.S. pharmacies
Hawaiian Airlines’ parent surges on $1.9 bln buyout deal with Alaska Air
Shares of Hawaiian Holdings nearly tripled on Monday after Alaska Air Group agreed to acquire it for $1.9 billion, including debt.
Read More Hawaiian Airlines’ parent surges on $1.9 bln buyout deal with Alaska Air