Breaking News: Economy
Core inflation rate watched by Fed hit 2.8%, delayed September data shows, lower than expected
A key inflation measure was lower than expected in September, the Commerce Department said Friday in a report delayed by the government shutdown that gives a further green light for the Federal Reserve to lower interest rates. The core personal consumption expenditures price index, which excludes volatile food and energy prices, indicated a 0.2% monthly […]
Read More
Asia-Pacific markets slide after subdued Wall Street session
Hong Kong Skyline Nikada | E+ | Getty Images Asia-Pacific markets opened lower Friday following a subdued Wall Street session. Australia’s ASX/S&P 200 fell 0.17%. Japan’s benchmark Nikkei 225 index lost 1.36%, while the Topix declined 1.12%. Yields on the Japanese 10-year government bond rose to 1.94%, the highest since July 2007, data from LSEG […]
Read More
Stocks making the biggest moves after hours: DocuSign, SoFi Technologies, Ulta, Hewlett Packard Enterprises and more
Check out the companies making headlines in after-hours trading. Ulta Beauty — Shares of the beauty retailer rose nearly 6% after outpacing Wall Street’s expectations for the fiscal third quarter and raising its forecasts for the full fiscal year. Ulta expects revenue for the year to be $12.3 billion, up from a prior range of […]
Read More
Layoff announcements top 1.1 million this year, the most since 2020 pandemic, Challenger says
A sign at a NYS Department Of Labor job fair at the Downtown Central Library in Buffalo, New York, US, on Wednesday, Aug. 27, 2025. Lauren Petracca | Bloomberg | Getty Images Announced job cuts from U.S. employers moved further ahead of 1 million for the year in November as corporate restructuring, artificial intelligence and […]
Read More
Fanatics lands retail and merchandising deal for 2026 FIFA World Cup
A Fanatics advertisement on the sideline billboard during the NWSL match between Houston Dash and Washington Spirit at Shell Energy Stadium on March 14, 2025 in Houston, Texas. Aaron M. Sprecher | Getty Images Sport | Getty Images Fanatics has struck a deal to run retail and merchandising for the 2026 FIFA World Cup, the […]
Read More
Ukraine, trade, pandas: What China’s Xi and France’s Macron discussed in Beijing
BEIJING, CHINA – DECEMBER 3: French President Emmanuel Macron (R) and Chinese President Xi Jinping walk during a state visit at the Great Hall of the People on December 3, 2025 in Beijing, China. Adek Berry-Pool | Getty Images News | Getty Images China said it was open to importing more goods from France in […]
Read More
Stocks making the biggest moves after hours: Salesforce, Five Below, C3. ai and more
Check out the companies making headlines in after-hours trading. Salesforce — Shares of the software company rose more than 5% in extended trading after Salesforce posted mixed third-quarter results , but guided its fourth-quarter revenue higher. Salesforce earned $3.25 per share, excluding items, in the latest quarter, topping the LSEG estimate of $2.86 per share. Revenue […]
Read More
Bessent says Trump admin will be able to replicate tariffs even if it loses Supreme Court decision
NEW YORK — Treasury Secretary Scott Bessent on Wednesday predicted that the administration still will be able to implement its tariff agenda regardless of whether it prevails in a pending case before the Supreme Court. Repeating assertions he had made prior to the high court hearing a month ago, Bessent cited several sections of 1962 […]
Read More
Bad jobs report caused by shutdown, deportations — not tariffs, Lutnick says
Commerce Secretary Howard Lutnick on Wednesday denied that the Trump administration’s tariff policies were to blame after a new report showed a surprise drop in private payrolls in November. Instead, Lutnick argued on CNBC’s “Squawk on the Street” that the government shutdown temporarily slowed small-business activity. He added that the federal efforts to enact mass […]
Read More
November private payrolls unexpectedly fell by 32,000, led by steep small business job cuts, ADP reports
A hiring sign is displayed in the window of a business in Manhattan on Nov. 27, 2025 in New York City. Spencer Platt | Getty Images The U.S. labor market slowdown intensified in November as private companies cut 32,000 workers, with small businesses hit the hardest, payrolls processing firm ADP reported Wednesday. With worries intensifying […]
Read More