Apple and chipmaker Qualcomm have been bumped from J.P. Morgan’s list of most-preferred stocks, analysts said Friday (April 1), as demand continues to slow for smartphones, according to a Reuters report. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Private equity firm Bain Capital is considering a possible sale of Japan’s Toshiba Corp. in a move designed to carry out foreign shareholders’ wish to take the company private. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The U.S. economy picked up 431,000 new jobs in March as the unemployment rate dropped to a pandemic low of 3.6% from 3.8% last month, marking one of the fastest economic rebounds in decades, according to data released Friday (April 1) from the U.S. Bureau...
With the dual punches of runaway inflation and the ongoing Russian attack on Ukraine, consumer spending in February went up at a slower pace of 0.2%, down from a revised 2.7% increase in January, according to the Thursday (March 31) report from the U.S. Commerce...
Around the world, rising food prices are forcing cooks, home and professional alike, to reconsider how they prepare their foods. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
In a sign that the economy is gaining momentum, applications for unemployment insurance fell last week to the lowest since 1969, the U.S. Department of Labor (DOL) reported Thursday (March 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Square on Wednesday (March 23) released data that shows workers who are returning to their offices after two years at home because of the COVID-19 pandemic will be faced with what’s being called “lunch-flation,” as their midday meals will cost more than when they last...
Numerous issues are being hashed out at the Bloomberg Equality Summit to look into how the economy is developing, including the potential that the war in Ukraine may last for quite some time, Bloomberg reported Tuesday (March 22). Get the Full Story Complete the form...
There could be a rise in COVID-19 cases in the U.S., though according to Dr. Anthony Fauci it’s not likely to prompt a renewal of broad restrictions, Bloomberg wrote Sunday (March 20). Get the Full Story Complete the form to unlock this article and enjoy...
