Announced job cuts totaled 75,891 for the month, lurching 193% higher than July.
Harris unveils plan for 28% capital gains tax, softening Biden’s proposal
CNBC’s Robert Frank joins ‘Squawk Box’ with the latest news.
Visa debuts a new product designed to protect consumers making bank transfers
Visa said it plans to launch a dedicated service for bank transfers, skipping credit cards and the traditional direct debit process.
Cramer names the No. 1 underappreciated megacap to buy in the recent tech stock sell-off
Microsoft’s gen AI prospects are impressive, but the stock has more to offer investors than just the new tech.
British luxury icon Burberry dropped from U.K.’s FTSE 100 stock market index
British luxury fashion house Burberry Group dropped out of the U.K.’s FTSE 100 amid mounting pressure on the 168-year-old retailer.
Stocks making the biggest moves midday: Dollar Tree, GitLab, Zscaler and more
These are the stocks posting the largest moves in midday trading.
Bond market ‘yield curve’ returns to normal from inverted state that had raised recession fears
Post Content
Job openings fell more than expected in July in another sign of labor market softening
The closely watched Job Openings and Labor Turnover Survey showed that available positions fell to 7.67 million on the month.
Ken Griffin’s Wellington hedge fund at Citadel squeezes out 1% gain in volatile August
Citadel’s multistrategy Wellington fund gained about 1% in August, bringing its year-to-date return to 9.9%.
Atlanta Fed President Bostic says officials can’t wait for inflation to hit 2% before cutting
Bostic signaled that he is ready to start lowering rates even though inflation is still running above the Fed’s target.