May unemployment rate holds steady but rises among Black, Hispanic women
The U.S. unemployment rate for Black and Hispanic women rose sharply last month even as overall joblessness in the country held steady.
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'Lots of luck on his trip to the moon': Biden shrugs off Elon Musk's economic fears, touts Ford investments
The president had been asked about Musk after a speech in Delaware touting the solid jobs report released earlier Friday.
Apple's big annual conference kicks off next week: Here's what to expect
The new "bits," as attendees often call the updates, are the biggest Apple software announcement of the year.
Here's where the jobs are — in one chart
U.S. firms hired more workers than expected in May, pointing to continued strength in the labor market.
Payrolls rose 390,000 in May, better than expected as companies keep hiring
Nonfarm payrolls were expected to increase 328,000 in May, according to Dow Jones estimates.
More wealthy Americans are living paycheck to paycheck after inflation surge
Even wealthier Americans are feeling financially strained as the prices for goods keep climbing.
Frontier offers $250 million reverse breakup fee if regulators block Spirit merger
Frontier Airlines' parent company said it would pay a $250 million reverse breakup fee to Spirit Airlines if regulators don't approve the planned merger.
Musk's Twitter deal faces backlash from advocacy groups that are seeking to block it
Accountable Tech, Center for Countering Digital Hate, GLAAD and other nonprofits warn Musk will degrade safeguards on Twitter if he buys the company.
Reckitt says baby formula plants in Singapore and Mexico can produce 21 million bottles for U.S. if FDA approves
The FDA still has to give the green light for Reckitt to bring in product to the U.S. from Asia and Latin America.
New CNN boss has a message for staffers: Cool it with the 'Breaking News' banner
Chris Licht wrote a memo to staff on Thursday with new guidelines about when to use CNN's 'Breaking News' banner.
Tesla monitored its employees on Facebook with help of PR firm during 2017 union push
Records show that Tesla paid MWW PR to monitor workers online in 2017, including in a Tesla employee Facebook group. They paid special attention to organizers.
Cloud stocks mount big rally led by UiPath, as investors bet tech valuations have bottomed
UiPath surged after raising its guidance, and the basket of cloud software stocks had one of its best days of a very rough year.
Cruise gets green light for commercial robotaxi service in San Francisco
Riders will soon be able to pay for a driverless taxi ride in San Francisco from Cruise, which is majority-owned by General Motors.
Covid vaccinations for children under age 5 to begin as early as June 21, White House says
Dr. Ashish Jha, a senior U.S. health official, said every parent should be able to get an appointment for their kids within weeks of the rollout.
Biden will call for tighter gun laws in televised address Thursday night, following Uvalde and Tulsa massacres
The use of AR-15-style rifles in recent high-profile mass shootings in the U.S. have spurred renewed calls on Congress to pass gun restriction legislation.
Pelosi says lawmakers will vote on sweeping gun legislation next week
House Speaker Nancy Pelosi said Thursday that lawmakers will vote on a collection of sweeping gun control bills next week.
Social Security fund will be able to pay benefits one year longer than expected, Treasury says
The Social Security trust fund will be able to pay out benefits for a year longer than prior estimates, the Treasury Department said.
10-year Treasury yield dips as data show slowest job growth in pandemic recovery
The U.S. 10-year Treasury yield dipped Thursday, as investors looked to employment data set for release.
Microsoft lowers fourth-quarter guidance, citing unfavorable foreign exchange rates
In an investor slide deck, Microsoft said it lowered its revenue guidance as a result of unfavorable foreign exchange rate movement.
U.S. goes after more Russian yachts linked to Putin in expanded sanctions
The Treasury Department expanded sanctions to crack down on Moscow's access to yachts as the U.S. punishes Russian President Vladimir Putin.
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