Markets, earnings, deals, and the macro shifts that move them. Reported for readers who already know the basics.
When attempting to access the pages for the Apple Watch Series 9 and Apple Watch Ultra 2 on Thursday, the site displayed a message indicating that these products are "currently unavailable.
Sara Montes de Oca · 962 DAYS AGO
Furthermore, the committee hinted at potential interest rate reductions in the coming years. For 2024, they anticipate at least three cuts, which is more aggressive than their previous stance but still less than market expectations of four cuts.
Jay Goldberg · 973 DAYS AGO
Daniel Zhao of Glassdoor observed that the job market is aiding in achieving a gentle economic slowdown, noting the report's uneventful nature as a positive shift after years of more tumultuous updates.
Jay Goldberg · 977 DAYS AGO
Government hiring and returning workers from the auto and entertainment sectors contributed to this growth. The unemployment rate dropped to 3.7%, lower than the anticipated 3.9%, as more people joined the workforce, pushing the participation rate to 62.8%.
Sara Montes de Oca · 977 DAYS AGO
Graphiant is a Silicon Valley-based trailblazer in next-generation Edge services, which is pushing boundaries in network solutions to meet the evolving needs of today’s fast-paced business environment.
Sara Montes de Oca · 1006 DAYS AGO
The surge in stocks came as the Department of Labor reported that nonfarm payrolls had increased by 150,000 in October, missing the mark by 20,000 jobs. However, this shortfall was largely ascribed to the auto sector strikes, which have now concluded.
Sara Montes de Oca · 1013 DAYS AGO
From the heart of Silicon Valley, where start-ups and tech giants coexist, to the nexus of technology companies in Reston, Virginia, the shift towards natural stone is evident.
Sara Montes de Oca · 1016 DAYS AGO
Their latest release, "Seven Steps to Improve Online Donations," is a meticulously crafted guide aimed at transforming how churches and non-profit entities approach online giving.
Sara Montes de Oca · 1021 DAYS AGO
The collective lawsuit, led by California Attorney General Rob Bonta, was launched in San Francisco's federal court on Tuesday.
Sara Montes de Oca · 1022 DAYS AGO
Leading cloud IT transformation provider, Cascadeo, announced its third consecutive inclusion in the esteemed 2023 Gartner Midmarket Context: Magic Quadrant for Public Cloud IT Transformation Services.
Sara Montes de Oca · 1023 DAYS AGO
At present, Intel dominates the PC chip market, with AMD trailing behind. Over half of Intel's revenue from the quarter ending in June was from PC chip sales.
TechEchelon Staff · 1024 DAYS AGO
The first subscription model offers users a more affordable rate with full access to all features but does not reduce the number of ads. The second subscription, priced higher, promises an ad-free experience.
TechEchelon Staff · 1027 DAYS AGO
Despite Amazon's stock experiencing a slight dip of around 1% on Wednesday, its Pharmacy division continues to grow. Originating from Amazon's 2018 purchase of PillPack, Amazon Pharmacy debuted in 2020, offering a comprehensive online pharmacy platform.
TechEchelon Staff · 1029 DAYS AGO
A recent Wall Street Journal survey of business and academic economists revealed a drop in the perceived risk of a recession in the next 12 months: down from 54% in July to 48%. This marks the first time since last year that the probability has been below the halfway mark, with the median risk standing at 50%.
Jay Goldberg · 1031 DAYS AGO
Steven Blitz, Chief U.S. Economist at GlobalData TS Lombard, suggests the possibility of needing a recession to regain control over escalating rents and medical services costs, implying that the 2% target might not be achievable without drastic measures. September's consumer price index (CPI) saw a drop to 3.
Jay Goldberg · 1035 DAYS AGO
The Labor Department reported a substantial 336,000 increase in nonfarm payrolls for the month, far surpassing the Dow Jones prediction of 170,000. This jump was significantly larger than the previous month's figures. The unemployment rate stood at 3.8%, a slight deviation from the anticipated 3.7%.
Jay Goldberg · 1041 DAYS AGO
The Commerce Department revealed that it had a 0.1% increase for the month, contrary to the 0.2% gain predicted by the Dow Jones consensus of economists. This reflected the smallest monthly rise since November 2020, with the annual increase for core PCE standing at 3.9%, aligning with projections.
Sara Montes de Oca · 1048 DAYS AGO
Gensler has proposed more than 40 rules, which has heightened tension among Republicans and led to increasing confrontation with financial services sectors including hedge funds, mutual funds, and trading firms.
Jay Goldberg · 1050 DAYS AGO
Written for readers who already know the basics — markets, AI, and the policy decisions that shape both.