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Daily Digest: Frontier Airlines heightens SFO service; Tech unicorn to cut hundreds of S.F. jobs
Good morning, Bay Area. Starting your daily roundup with the economy, the consumer price index rose 3.5% in March, higher than expectations and marking an uptick in inflation. In local transportation, Caltrans said a new section of southbound H.....»»
AI a job killer? In California it"s complicated
While the tech industry has been roiled by layoffs, the greater focus on AI could lead to new jobs in the future.While the tech industry has been roiled by layoffs, the greater focus on AI could lead to new jobs in the future......»»
US futures and global equities tumble as inflation fears return to haunt tech stocks
Despite an underwhelming US jobs report on Friday, inflation once again spooked Wall Street and hit tech stocks.....»»
NewsWatch: This is the ‘greatest threat’ to Big Tech’s S&P 500 dominance, Goldman says
U.S. stocks look set for a mixed start to the week, after the Dow and S&P 500 closed at record highs on Friday despite a weaker than expected April jobs report......»»
Need to Know: This is the ‘greatest threat’ to Big Tech’s S&P 500 dominance, Goldman says
U.S. stocks look set for a mixed start to the week, after the Dow and S&P 500 closed at record highs on Friday despite a weaker than expected April jobs report......»»
Dow opens slightly lower, Nasdaq rises after much weaker-than-expected jobs report
Stocks opened mixed Friday, with the Dow Jones Industrial Average losing ground and the tech-heavy Nasdaq Composite jumping to the upside after a much-weaker-than-expected April jobs report. The Dow fell 72 points, or 0.2%, to 34,477, while the S.....»»
Maryland economic recovery gets boost with 13,100 jobs added in March
A Federal Reserve economist said Maryland's jobs report for March was "good" but "we're not out of the woods" yet when it comes to the economic recovery......»»
Market Snapshot: Dow, S&P 500 add to records on rosier economic outlook
Stock benchmarks climb on Monday, as U.S. investors see another round of good economic news from the services sector, adding to the array of improving economic indicators including a stellar March jobs report from last Friday......»»
Market Snapshot: Dow, S&P 500 extend gains into record territory after ISM services index hits highest since 1997
Stock benchmarks climb on Monday, as U.S. investors saw another round of good economic news from the services sector, adding to the array of improving economic indicators including a stellar March jobs report from last Friday......»»
Metals Stocks: Gold prices inch lower as the U.S. stock market moves higher
Gold futures inch lower Monday, with a rise in the U.S. stock market undercutting some appetite for the haven metal after a report on Good Friday showed a seasonally adjusted 916,000 jobs added in March, marking the best gain since August......»»
"Under the radar" Phoenix leads Arizona to tech job growth in 2020, report says
A new report found that Arizona added around 2,500 tech jobs in 2020 and it projects a massive increase in jobs to be added this year......»»
Market Snapshot: Dow set to rise over 200 points in stock market’s first trading day after Good Friday jobs report
Futures for stock benchmarks Monday morning head higher, suggesting a solid open for eq.....»»
Dow futures rise over 150 points in abbreviated Good Friday session as U.S. adds 916,000 in March and unemployment rate falls to 6%
U.S. stock-index futures traded higher Friday morning after a blockbuster March jobs report, though cash trading in equities - and most other markets - are closed du.....»»
Market Snapshot: Dow futures rise 150 points after March jobs report; regular trading closed for Good Friday
U.S. stock-index futures trade higher Friday after a stronger-than-expected March jobs report. Cash trading is closed due to the Good Friday holiday, while futures closed at 9:15 a.m. Eastern......»»
Stock futures trade higher ahead of jobs report on Good Friday
The Labor Department is expected to say the U.S. economy added 647,000 new nonfarm jobs last month, up from a much stronger-than-expected increase of 379,000 jobs in February.....»»
Market Extra: Friday’s jobs report will be released to a closed stock market—that’s only occurred 12 times since 1980
Good Friday is next week.....»»
February’s Jobs Report Not Nearly As Good As Suggested
February’s Jobs Report Not Nearly as Good as Headline Job Growth Figures Suggested Q4 2020 hedge fund letters, conferences and more Jeoff Hall, Managing Economist, Refinitiv IFR comment.....»»
Market Snapshot: Dow struggles to retain gain, tech stocks resume selloff after better jobs report
U.S. stock benchmarks Friday morning give up early gains and a technology stock rout resumes as investors parse the latest monthly jobs update from the Labor Department which beat economists' consensus estimates......»»
The jobs report may look good, but it also proves the economy is sicker than it seems
The unemployment rate and the jobs that are being added are not the best indicator of where the US economy and the jobs market actually stands. Paul Sakuma/AP Images The jobs report sh.....»»