News - 2024-10-04

Market News Explorer

Stay informed with the latest market news and analysis.

'Barron's Roundtable' panelists discuss calls of a breakup for CVS prompting a strategic review.

Kamala Harris, who has faced a flurry of Trump ads in Michigan misleadingly arguing that she wants to ban gas cars altogether, promised, “I will never tell you what kind of car you have to drive.”

TSLA
GM

FOX Business contributor Phil Flynn reacts to rising oil prices amid Middle East tensions on 'The Bottom Line.'

XLE
SPY

The number of foreign-born workers declined slightly in September after reaching the highest level since at least 2007 in August, as the U.S. experiences an immigration surge.

VTI
XLF

There are no set rules when it comes to tipping but here's what hospitality staff, customers and experts have to say.

Investors braced for a key monthly jobs report, with the Middle East crisis and a return to work at US ports also in high focus.

The ruling was the latest instance of legal whiplash for the over 27 million borrowers who could qualify, and yet another blow to the president’s pledge to provide mass student debt relief.

Days after tens of thousands of longshoreman along the East and Gulf Coasts walked out, their union and their bosses reached a tentative agreement on wages.

FDX
AMZN

Investors braced for a key monthly jobs report, with the Middle East crisis and a return to work at US ports also in high focus.

The Georgia city is a picturesque tourist destination. It’s also the No. 2 ocean cargo hub on the East Coast, and the dock strike’s quick end was a relief.

The U.S. labor market grew at a faster rate than expected in September with notable gains in the food and beverage sector as well as health care, although manufacturing shed jobs.

XLP
XLY
XLI

Nigel Blow claims that Fenwick withdrew offer to become chief executive due to his time at Harrods

Tesla stock was on pace to end the week down more than 4% on Friday.

Edward Jones CEO Penny Pennington breaks down the potential impact the U.S. election will have on markets during an appearance on ‘Cavuto: Coast to Coast.’

XLP
SPY

As the conflict across the Middle East widens, rising oil prices are being closely watched.

Everyone’s favorite dancing baseball team is taking its act almost exclusively to M.L.B. and football stadiums in 2025, with even more extreme changes on the horizon.

After months of wobbling, a fresh jobs report showed that hiring and wage growth is strong, aligning with other robust economic data.

XLY
ARKK

After months of wobbling, a fresh jobs report showed that hiring and wage growth is strong, aligning with other robust economic data.

Famed economist Larry Summers said Friday that the September jobs report shows the Federal Reserve's 50-basis point rate cut was "a mistake," in hindsight.

XLF
SPY

Rep. Brian Mast, R-Fla., discusses Israel's response to Iran's missile attacks on 'Cavuto: Coast to Coast.'

The September jobs report showed surprising signs of strength in the labor market that have economists questioning how much more the Federal Reserve will cut interest rates in 2024.

SPY
XLF

The potential bankruptcy filing comes after Spirit's failed $3.8 billion merger with JetBlue Airways. The transaction was scrapped due to regulatory challenges.

The housebuilding giants' plan gets the go-ahead after a competition probe into two homes projects.

Republican-led states and industry groups argued that the Environmental Protection Agency had moved too fast and imposed onerous regulations.

XOM
ICLN

SERHANT. real estate founder, CEO and broker Ryan Serhant analyzes Florida's insurance 'crisis,' the market's current pulse and where mortgage rates are headed.

Slatestone Wealth chief market strategist Kenny Polcari reacts to Biden's acting labor secretary's commentary on the jobs report and future Fed rate cuts.

XLF
JPM

In recent weeks, reports have shown inflation slowing and the economy growing at a robust clip. The Federal Reserve has also cut interest rates, bringing mortgage rates down.

XLY
XLF

Dominari Financial CEO Kyle Wool reacts to the September jobs report and discusses whether chipmaker Cerebras can challenge Nvidia on 'Varney & Co.'

The tech giant is among the many companies building technology that could remake Hollywood — or help spread disinformation.

China has strategic reserves and alternatives like electric cars, should oil imports ever be interrupted.

Investors braced for a key monthly jobs report, with the Middle East crisis and a return to work at US ports also in high focus.

The data reversed recent signs of a labor market slowdown, probably taking away the argument for a big rate cut at the Federal Reserve’s next meeting.

With college costs high, at least eight states now offer tax credits or deductions for employers that contribute to workers’ 529 accounts.

Investors braced for a key monthly jobs report, with the Middle East crisis and a return to work at US ports also in high focus.

The Labor Department reported that U.S. employers added 254,000 jobs in September, well above economists' expectations, while the unemployment rate declined to 4.1%.

The jump in hiring will ease fears of a downturn but raises questions over the path for interest rates.

The September jobs report comes as investors debate whether the labor market is cooling quickly enough that the Federal Reserve will opt for a larger interest rate cut in November.

XLY
XLF

Privacy activist Max Schrems claimed Meta unlawfully processed data relating to his sexual orientation.

The September jobs report comes as investors debate whether the labor market is cooling quickly enough that the Federal Reserve will opt for a larger interest rate cut in November.

Former White House Council of Economic Advisors Trade Economist Christine McDaniel discusses automation as the port strike ends with a tentative 90-day agreement, longshoremen's support for Harris and the presidential candidates economic plans.

Two proposals in Northern England, led by the energy giants BP and Eni, aim to establish an industry in burying emissions from industrial plants.

BP
ICLN

Friday’s jobs report could bolster the view that the American economy is holding steady, but an oil price shock could undercut that sense of calm.

Investors braced for a key monthly jobs report, with the Middle East crisis and a return to work at US ports also in high focus.

XLE
SPY

The inquests into the British tech tycoon, his 18-year-old daughter and two other victims of the yacht sinking have opened.

MSFT
HZO

Panic buying ensued in some U.S. stores after dockworkers at ports along the East and Gulf coasts went on a three-day strike that ended on Thursday evening.

WMT
CVS

Economists predict job growth in September continued at a similar pace to the previous month, which fell short of forecasts. The unemployment rate also probably held steady.

European Union officials say the duties are meant to protect the region’s automakers from what they say are unfair trade practices in China.

Big, scary headlines have disrupted front pages over the past week and a half. But the stock market has barely blinked as a port strike, Middle East turmoil, and natural disasters have ripped through the news. The market, as always, has its reasons.

(Bloomberg) -- Risk assets are likely to rally if the monthly US jobs report due Friday is within the range of expectations, according to Bank of America Corp. strategist Michael Hartnett.Most Read from BloombergThe Corner Store ComebackNYC Schools Reverse Course on Cell-Phone Ban After Parents BalkRoofs of Mexico City’s Massive Food Market Will Power Public BusesA Housing Crisis Brews in Rwanda’s Capital CityGang Violence Is Moving to the Amazon’s Fast-Growing CitiesThe strategist said if the m

A record surge in new businesses has helped drive job growth, and could have longer-term benefits.

The term has recently begun taking root in popular culture and policy.

SUSA
XOM

The vote risks sparking a trade war as the EU looks to protect its own car makers.

(Reuters) -U.S. East Coast and Gulf Coast ports began reopening on Thursday night after dockworkers and port operators reached a wage deal to settle the industry's biggest work stoppage in nearly half a century, but clearing the cargo backlog will take time. The International Longshoremen's Association (ILA) workers union and United States Maritime Alliance (USMX) port operators announced the deal and an immediate end to the strike late on Thursday. Shares in shipping companies in Asia fell heavily across Asia.

Dockworkers are returning to work on Friday after reaching a tentative agreement and Vice President Harris says, "this indicates progress towards a strong contract."

FDX
UPS

Beijing’s investigation of the parent of Calvin Klein and Tommy Hilfiger, which stopped buying goods from Xinjiang, has put global firms in a difficult position.