Economy

Jim Cramer’s Investing Club meeting Thursday: Fed caution, Humana news

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Thursday’s key moments. Be cautious about Fed news We trimmed our position in COST Humana raises its guidance 1. Be cautious about Fed news Stocks fell on Thursday as the Street awaits Friday’s …

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Key inflation measure that the Fed follows rose 0.2% in October, less than expected

Inflation rose in October about in line with estimates, sending a sign that price increases at least might be stabilizing, the Commerce Department reported Thursday. The core personal consumption expenditures price index, a measure that excludes food and energy and is favored by the Federal Reserve, rose 0.2% for the month and was up 5% …

Key inflation measure that the Fed follows rose 0.2% in October, less than expected Read More »

Designer Brands, Lands’ End, Salesforce and more

Store front view of Lands’ End opening of the NYC Pop-Up on Vererans Day with the Bob Woodruff foundation on November 11, 2015 in New York City. Bryan Bedder | GettyImages Check out the companies making headlines before the bell: Designer Brands (DBI) – The footwear retailer’s shares slid 15.6% in the premarket after it …

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Designer Brands, Lands’ End, Salesforce and more

Store front view of Lands’ End opening of the NYC Pop-Up on Vererans Day with the Bob Woodruff foundation on November 11, 2015 in New York City. Bryan Bedder | GettyImages Check out the companies making headlines before the bell: Designer Brands (DBI) – The footwear retailer’s shares slid 15.6% in the premarket after it …

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Job openings fall amid Fed efforts to cool labor market

Workers sort packages at a FedEx Express facility on Cyber ​​Monday in Garden City, New York, on Monday, Nov. 28, 2022. Michael Nagle | Bloomberg | GettyImages Job openings dipped in October amid the Federal Reserve’s efforts to cool off a red-hot employment market, the Labor Department reported Wednesday. The Job Openings and Labor Turnover …

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Private hiring increased by just 127,000 jobs in November, well below estimate, ADP reports

Private hiring slowed sharply during November in a sign that the historically tight labor market could be losing some steam, according to a report Wednesday from payroll processing firm ADP. Companies added just 127,000 positions for the month, a steep reduction from the 239,000 the firm reported for October and well below the Dow Jones …

Private hiring increased by just 127,000 jobs in November, well below estimate, ADP reports Read More »

Private hiring increased by just 127,000 jobs in November, well below estimate, ADP reports

Private hiring slowed sharply during November in a sign that the historically tight labor market could be losing some steam, according to a report Wednesday from payroll processing firm ADP. Companies added just 127,000 positions for the month, a steep reduction from the 239,000 the firm reported for October and well below the Dow Jones …

Private hiring increased by just 127,000 jobs in November, well below estimate, ADP reports Read More »