SHOPAL

US labor market shrugs off recession fears; keeps Fed on tightening path

Nonfarm payrolls increase 263,000 in November Unemployment rate steady at 3.7%; participation rate falls Average hourly earnings rise 0.6%; up 5.1% year-on-year WASHINGTON, Dec 2 (Reuters) – US employers hired more workers than expected in November and increased wages, shrugging off mounting worries of a recession, but that will probably not stop the Federal Reserve …

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Musk delivers the first Tesla truck, but no update on output, pricing

Tesla ships first Semi to PepsiCo five years after its unveiling No details on orders or capacity for electric trucks Semi uses existing Tesla motors, to feature a new Supercharger Dec 1 (Reuters) – Tesla Inc (TSLA.O) Chief Executive Elon Musk delivered the company’s first heavy-duty Semi on Thursday to PepsiCo (PEP.O) without offering updated …

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Wall Street mixed; Dow pressured by selloff in Salesforce shares

Salesforce drops on co-CEO exit plan Dollar General falls on slashing annual profit view US manufacturing shrinks for the first time in 2-1/2 years in Nov Indexes: S&P 500 -0.09%, Nasdaq +0.14%, Dow -0.59% Dec 1 (Reuters) – Wall Street was mixed on Thursday as a selloff in Salesforce weighed on the Dow, while traders …

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S&P 500 ends down as Apple dips and traders eye Powell speech

Investors look to Powell speech for interest rate clues US consumer confidence slips in November S&P 500 -0.16%, Nasdaq -0.59%, Dow +0.01% Nov 29 (Reuters) – The S&P 500 ended down on Tuesday, with losses in Apple and Amazon ahead of an upcoming speech by US Federal Reserve Chair Jerome Powell that could provide hints …

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Elon Musk: Apple threatened to yank Twitter from the App Store

Nov 28 (Reuters) – Elon Musk accused Apple Inc (AAPL.O) of threatening to block Twitter Inc from its app store without saying why in a series of tweets on Monday that also said the iPhone maker had stopped advertising on the social media platform . The billionaire CEO of Twitter and Tesla said Apple was …

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Wall Street ends sharply, hit by Apple and China worries

Cyber ​​Monday spending hit $11.6 bln – report Crypto shares fall on BlockFi bankruptcy filing Biogen down after death in Alzheimer’s drug trial Indexes end: S&P 500 -1.54%, Nasdaq -1.58%, Dow -1.45% Nov 28 (Reuters) – US stocks ended sharply lower on Monday after protests in major Chinese cities against strict COVID-19 policies sparked concerns …

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US Black Friday online sales hit record $9 bln despite high inflation- Adobe Analytics

Nov 26 (Reuters) – US shoppers spent a record $9.12 billion online this Black Friday, a report showed on Saturday, as consumers weathered the squeeze from high inflation and grabbed steep discounts on everything from smartphones to toys. Online spending rose 2.3% on Black Friday, Adobe Inc’s (ADBE.O) data and insights arm Adobe Analytics said, …

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