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U.S. stock indexes fell on Thursday after data pointing to a tight labor market sparked worries that the Federal Reserve will continue with its aggressive rate-hiking cycle that could potentially tip the economy into a recession.

The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, pointing to another month of solid job growth and continued labor market tightness despite efforts by the Federal Reserve to cool demand for workers.

U.S. stock indexes fell on Thursday as worries about a looming recession crept into the foreground of the earnings season, while shares of Procter & Gamble fell after the company warned of cost pressures.

Microsoft MSFT is set to report second-quarter fiscal 2023 results on Jan 24.The Zacks Consensus Estimate for revenues is pegged at $52.93 billion, indicating growth of 2.32% from the figure reported in the year-ago quarter.The consensus mark for earnings has been revised

U.S. stock indexes were set to open lower on Thursday as recession worries crept into the foreground of the earnings season, while shares of Procter & Gamble fell as it warned of cost pressures.

The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, suggesting the labor market remains tight despite higher interest rates.

After a challenging year, Amazon's (NASDAQ: AMZN) stock is down 41% year over year, experiencing steep declines in its e-commerce business in 2022. But the company has started the new year with a bang: Its stock has risen 14% since Jan. 1.

The WisdomTree U.S. LargeCap Dividend ETF (DLN) was launched on 06/16/2006, and is a passively managed exchange traded fund designed to offer broad exposure to the Large Cap Value segment of the US equity market.

U.S. stock index futures fell on Thursday after weak economic data fueled recession worries, while investors await comments from more Federal Reserve officials for clues on the central bank's path of monetary tightening.

The stock market has had a rough ride over the past year or so, and it has many investors understandably rattled.However, with the right strategy, now could be the investing opportunity of the decade. Aside from the brief crash in 2020, the market hasn't dipped this low since the

Technology stocks are rarely associated with retirement plans. Retirement stocks are thought to be businesses with stability, predictable profits, and returning cash to shareholders in the form of dividends for income. By contrast, tech stocks are often seen as unpredictable cash

(RTTNews) - Confirming media reports, tech major Microsoft Corp. in a regulatory filling announced its plans to cut overall workforce by about 10,000 employees by the end of the third fiscal quarter of 2023. The move is part of a series of actions in response to ongoing macroecon

The dollar rose broadly on Thursday as growth concerns about the U.S. economy drove demand for the safe-haven greenback, while the yen rebounded as speculators doubled down on bets that the Bank of Japan would shift away from its yield curve control policy.

(RTTNews) - Microsoft Corp. (MSFT) disclosed in a regulatory filling on Wednesday that it will cut about 10,000 jobs by the end of the third fiscal quarter of 2023. This represents less than 5 percent of total employee base, with some notifications happening today.

The dollar rose broadly on Thursday as growth concerns about the U.S. economy drove demand for the safe-haven greenback, while the yen renewed its ascent as investors doubled down on bets that the Bank of Japan would shift away from its yield curve control policy.

Amazon.com Inc will cut some jobs in the United States, Canada and Costa Rica by the end of Wednesday as part of its plan to lay off 18,000 employees, the e-commerce giant said in a memo to staff seen by Reuters.

Market indices couldn’t hold onto that bullish feeling they had during today’s pre-market, as the the majors were all more than -1% off yesterday’s closing numbers. The Dow lost -614 points in the session, -1.81%, while the S&P 500 shed -1.56%, with all 11 sectors clo

Wall Street's main indexes closed lower on Wednesday after weak economic data and hawkish comments from Federal Reserve officials sparked worries that the central bank will keep tightening policy, perhaps enough to cause a recession.

Technology stocks declined on Wednesday, with the Technology Select Sector SPDR Fund (XLK) falling 1.1% while the Philadelphia Semiconductor Index was falling 0.4%.

Keen to buttress margins and appease investor concerns at a time of slowing sales growth, big U.S. technology firms are expected to whittle away at their bloated workforce and costs through the next few months, reversing pandemic-era excesses, analysts said.