U.S. job openings climb to 6-month high. That’s the good news. The bad? Businesses aren’t hiring very quickly.
Job openings climbed in May to a six-month high as lots of graduates entered the labor force, but companies were not very quick to hire as the grappled with the aftershocks of high U.S. tariffs.
Ford sales jump 14% in second quarter, exceeding forecast
Ford sales rose 14.2% during the second quarter over the year-earlier period, about 10 times the estimated 1.4% industry increase, the automaker said Tuesday. New vehicle sales for the second quarter totaled 612,095, led in part by gains in its F-Series trucks and “electrified” vehicles, which includes hybrids and EVs. F-Series trucks saw their best […]
Jewelry sales outperform as U.S. luxury spending falters: Citi
Domenica Graci, the CEO and Founder of travel agency One Luxury, is seen wearing a golden Vintage Alhambra bracelet from Van Cleef & Arpels, a golden Love bracelet from Cartier, a golden Juste un Clou nail bracelet from Cartier and an Essential Lines bracelet from Cartier. Moritz Scholz | Getty Images Entertainment | Getty Images […]
Why oil demand may outpace supply, despite best efforts from OPEC+
A portfolio manager pointed out a “unique” market development that could already be helping to tighten global crude inventories, even as major oil producers look to boost output for a fifth straight month.
This fund returned 21% in May alone buying ‘left-for-dead’ stocks — and it has a new target
An average holding period of three years meant some of the bets made in the 2022 sell-off started to come good for Whetstone Capital this spring.
The Supreme Court just boosted Trump’s business agenda — and these stock-market sectors. Here’s how to play it.
U.S. Supreme Court ruling supports industry deregulation — and the stock market hasn’t yet priced this in.
NASA plans to stream rocket launches on Netflix starting this summer
Workers repaint the NASA logo on the Vehicle Assembly Building at the Kennedy Space Center on May 28, 2020 in Cape Canaveral, Florida. Joe Raedle | Getty Images NASA’s live programming, including rocket launches, spacewalks and views of Earth from space, will begin streaming on Netflix this summer. NASA said the move is part of […]
Why Home Depot is spending $5.5 billion to buy another building-products company
GMS’s drywall and steel frame products could be rolled into Home Depot’s SRS Distribution roofing, landscaping and pool-products business.
Home Depot SRS Distribution buys GMS
A Home Depot store in San Carlos, California, US, on Monday, Nov. 11, 2024. David Paul Morris | Bloomberg | Getty Images Home Depot said Monday that it is buying GMS, a building products distributor, for about $4.3 billion as the retailer moves to draw more sales from contractors and other home professionals. Shares of […]
New WNBA teams in Cleveland, Detroit and Philadelphia announced
Napheesa Collier, #24 of the Minnesota Lynx, scores the game-winning basket during the game against the New York Liberty in Game 1 of the 2024 WNBA Finals at Barclays Center in Brooklyn, New York, on Oct. 10, 2024. Nathaniel S. Butler | National Basketball Association | Getty Images The WNBA announced on Monday it has […]
