Southwest Airlines is officially getting rid of open seating for the first time in the airline’s history.
Read More Southwest Airlines Getting Rid Of Open Seating PolicyTag: STOCKS
US retail sales report showcases consumer, economic resilience
U.S. retail sales were unchanged in June as a drop in receipts at auto dealerships was offset by broad strength elsewhere.
Read More US retail sales report showcases consumer, economic resilienceReport: U.S. Job Market Weakens In June
The economy grew via the addition of 206,000 jobs in June, but unemployment was still above 4% in the same month, according to the Labor Department on Friday.
Read More Report: U.S. Job Market Weakens In JuneUS 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 lowerWall St slides as rate worries push bond yields higher
Wall Street indexes retreated as concerns around the timing and scale of the Federal Reserve’s interest rate cuts pushed Treasury yields higher and pressured stocks.
Read More Wall St slides as rate worries push bond yields higherHims & Hers CEO Changes Tune On Applauding Anti-Israel Protesters After Stock Plummets
Hims & Hers founder and CEO Andrew Dudum walked back his praise of anti-Israel protesters after his firm’s stock value plunged almost $210 million in one single day after he and other executives declared that they were “eager” to hire the protesters.
Read More Hims & Hers CEO Changes Tune On Applauding Anti-Israel Protesters After Stock Plummets