In August, the US job market showed little improvement, with only 75,000 jobs added and the unemployment rate expected to rise to 4.3%. This marks a concerning trend of sub-100,000 payroll growth for four consecutive months, the worst since 2020.
Shares of Marvell Technology dropped 15% after the AI chipmaker reported lower-than-expected data center revenue and provided a lackluster outlook for the upcoming quarter. The CEO acknowledged some challenges in customer pipeline clarity, raising concerns among investors.
Devon Walker reassures fans after his SNL departure, stating it's just a career change. Fellow cast members express gratitude for their time on the show amidst fan sympathy.
U.S. stock futures remain steady ahead of Jerome Powell's anticipated speech at Jackson Hole. Investors are eager for insights on interest rates as major indices face a losing streak, with notable movements from Intuit and Zoom shares.
Jerome Powell's final appearance as Fed chair at Jackson Hole will address the economic outlook amid pressures from Trump to cut rates. Will he reveal hints about the Fed's next move?
Stock futures dip as S&P 500 struggles with tech sell-off following Walmart's mixed earnings report. Investors await insights from Fed Chair Powell at Jackson Hole.
As Federal Reserve Chair Jerome Powell prepares for his critical speech at the Jackson Hole Symposium, investors are on edge. Will he signal a rate cut or maintain a hawkish stance? Discover the potential impacts on the stock market and what analysts predict.
Investors are keenly awaiting U.S. Federal Reserve President Jerome Powell's comments from the Jackson Hole Symposium, which could signal upcoming interest rate cuts. Key economic data from Europe is also on the horizon.
Despite a disappointing inflation report causing most stocks to fall, gains in Big Tech, particularly Amazon, helped to soften the blow on Wall Street as the S&P 500 reached another all-time high.
U.S. stagflation fears are shaking global markets as inflation data pressures Treasuries. Wall Street reacts sharply, and investors brace for potential rate cuts amid rising economic concerns.
