Economy
Jobless claims tumble to 218,000, well below estimate despite fears of labor market weakness
Initial claims for unemployment insurance were well below expectations last week, helping to douse caution at the Federal Reserve and elsewhere that the labor market is in danger. First-time filings for the week ending Sept. 20 totaled a seasonally adjusted 218,000, down 14,000 from the prior week’s upwardly revised figure and significantly less than the […]
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Stocks making the biggest premarket moves: Intel, Oracle, Lithium Americas, Opendoor and more
Check out the companies making the biggest moves in premarket trading: Oracle — The database software company fell 3% as worries around the AI trade continue to drag the stock lower. Rothschild & Co Redburn initiated coverage of Oracle with a sell rating, saying the market is “materially” overestimating Oracle’s contracted cloud revenues. It sees […]
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U.S. expands tariff dragnet to masks, syringes, pacemakers and robotics in sweeping import probe
A Fanuc robotic arm moves bins of products during a media tour of the Amazon.com Inc. DAB2 fulfillment center in Daytona Beach, Florida, US, on Tuesday, Sept. 23, 2025. The DAB2 fulfillment center is Amazon’s seventh robotics fulfillment center in Florida. Photographer: Miguel J. Rodriguez Carrillo/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images […]
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U.S. Latino immigrants generate $1.6 trillion in GDP, report says
People seen holding Puerto Rican flag during the annual Puerto Rican Day Parade on 5th Avenue in New York City. Sopa Images | Lightrocket | Getty Images U.S. Latino immigrants accounted for $1.6 trillion in GDP in 2023, according to a new research report by the Latino Donor Collaborative, contributing to an overall purchasing power […]
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New York City mayor candidate Curtis Sliwa says he was offered money to quit race
Guardian Angels founder Curtis Sliwa attends a protest against a tent shelter for migrants at Floyd Bennett Field in the Brooklyn borough of New York City on August 22, 2023. Paul Frangipane | Corbis News | Getty Images Curtis Sliwa, the Republican nominee in the race for mayor of New York City, said Wednesday that […]
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Stocks making the biggest moves midday: Alibaba, Lithium Americas, Freeport-McMoRan, UniQure and more
Check out the companies making headlines in midday trading: Freeport-McMoRan — The mining company’s stock tumbled nearly 12% after it declared force majeure at its Grasberg mine in Indonesia. Freeport halted activity at the mine earlier this month after a mud rush led to a fatal accident. In addition, the company warned consolidated sales for […]
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Trump’s tennis invite from Rolex echoes Apple, Nvidia playbook for currying favor, Warren says
(L-R) U.S. President Donald Trump and Rolex CEO Jean-Frederic Dufour arrive in the Rolex suite prior to the Men’s Singles Final match between Jannik Sinner of Italy and Carlos Alcaraz of Spain on Day Fifteen of the 2025 US Open at USTA Billie Jean King National Tennis Center on September 07, 2025 in New York […]
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Stocks making the biggest moves premarket: Alibaba, MillerKnoll, Oracle and more
Check out the companies making headlines before the bell: Alibaba — U.S.-listed shares of the Chinese tech company jumped 9.3% after Alibaba said it will boost spending on artificial intelligence models and development. It also unveiled new AI products and updates. Oracle – The database software company’s stock dropped 1.4% amid uncertainty over the extent […]
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Trump’s H-1B visa changes could ‘kneecap startups,’ drive talent elsewhere, experts say
U.S. President Donald Trump speaks as he meets with United Nations Secretary-General Antonio Guterres (not pictured) during the 80th United Nations General Assembly, in New York City, New York, U.S., Sept. 23, 2025. Alexander Drago | Reuters It’s been a chaotic few days for the tech sector, and industry executives and experts are still assessing […]
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Asia markets track Wall Street declines after U.S. Fed chair suggests stocks are overvalued
People crossing the street in Shibuya, Tokyo. Maydays | Moment | Getty Images Asia-Pacific markets fell Wednesday, tracking Wall Street declines after U.S. Federal Reserve Chair Jerome Powell said that “equity prices are fairly highly valued.” Powell also signaled that the rate-cutting path wasn’t clear and that the central bank faces a “challenging situation.” Australia’s […]
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