Recent layoffs represent a small fraction of the tech workforce — and many tech workers who lost their jobs are finding new roles quickly in a tight job market.… MORE
Category Archives: Top News
Biden administration expands EV tax credits in boost for Tesla, Cadillac, others
The EV tax credit change follows Tesla CEO Elon Musk publicly criticizing the former standards as well as GM and Ford lobbying to adjust the guidelines.… MORE
S&P 500 falls slightly Friday, heads for winning week as solid 2023 start continues
Traders assessed a strong U.S. jobs report that suggest higher rates for longer, as well as disappointing tech earnings.… MORE
New structured credit ETFs are hitting the market just as investors hunt for income
BlackRock is among the firms with a new CLO ETF, challenging the dominant Janus Henderson fund in this area of bundled corporate loans.… MORE
Amazon stock hit hardest after tech earnings bonanza, despite misses by Apple and Alphabet
Despite Amazon’s mixed fourth-quarter earnings report, analysts were encouraged by the company’s potential for long-term growth and efforts to tame expenses.… MORE
Activision Blizzard pays SEC $35 million to settle probe
Activision Blizzard will pay a $35 million to settle an SEC probe over whistleblower protection violations and disclosure failings.… MORE
Decades-low unemployment rate is welcome news for Biden ahead of State of the Union
The Bureau of Labor Statistics jobs report released Friday found the U.S. unemployment rate fell to 3.4%, a 53-year low, compared to an estimate of 3.6%.… MORE
Stocks making the biggest moves midday: Amazon, Alphabet, Apple, Nordstrom, Ford and more
These are the stocks posting the largest moves in midday trading.… MORE
Jobs report shows increase of 517,000 in January, crushing estimates, as unemployment rate hit 53-year low
Nonfarm payrolls were expected to increase by 187,000 in January, according to Dow Jones estimates.… MORE
Texas power woes linger as New England girds for deep freeze
As rising temperatures offered some hope for Texans days after losing power in an ice storm, another wave of frigid weather was taking aim at the northern U.S.… MORE