The US economy continues to exceed expectations as the March jobs report shows the addition of 303,000 jobs, a decrease in the unemployment rate to 3.8%, and an increase in labor force participation, signaling a positive outlook for economic growth and low inflationary pressures.
The U.S. economy added 303,000 jobs in March, surpassing expectations, as health care, government, and the leisure and hospitality sectors experienced strong hiring.
99 Cents Only, a major dollar store chain, will be closing the majority of its locations and undergoing total liquidation due to financial difficulties caused by factors such as inflation, shifting consumer demand, and the impact of the COVID-19 pandemic.
Shares of Trump Media & Technology Group (TMTG), the meme stock associated with former President Donald Trump, have plummeted almost 25% in the last five days and are currently valued at around $42, wiping out billions of dollars in value and raising concerns about the company's dubious financial outlook.
Industry observers are doubtful that Stephanie Pope, the new head of Boeing's troubled commercial airline business, has the necessary manufacturing expertise to fix the company's production problems and become CEO.
Tesla shares rebounded after CEO Elon Musk denied reports that the company had canceled plans for a more affordable vehicle, with Musk calling the report "lying" and indicating that resources may be focused on developing a robotaxi instead.
Shares of Truth Social owner Trump Media & Technology Group fell 9%, erasing nearly $2 billion from former President Donald Trump's stake, as concerns rise about the company's overvaluation and lack of revenue.
Apple is laying off more than 600 workers in California as part of its post-pandemic job cuts, marking a shift towards cutting costs and consolidation in the tech industry.
Federal officials are investigating an engine fire that occurred on a Southwest Airlines plane at the Lubbock, Texas, airport, prompting the flight to cancel takeoff and return to the gate.
Italian police have uncovered supply chain abuses at Giorgio Armani, where unauthorized Chinese subcontractors employed Chinese workers, some of whom were in Italy illegally, to make handbags and accessories, with the company failing to properly monitor the situation.
If you purchased certain weighted groceries or bagged fruit at Walmart between October 2018 and January 2024, you may be eligible for a cash payment from a $45 million class action settlement the retailer agreed to in response to a lawsuit.
Discount chain 99 Cents Only Stores will be closing all 371 of its stores due to the impact of the pandemic, inflationary pressures, and increasing theft, with liquidation sales beginning on Friday.
Shares of GE Aerospace traded up 5% as investors recognize the potential of the aircraft-focused segment of General Electric's business, with exposure to popular aviation platforms and opportunities to gain market share from competitors.
Walmart has agreed to pay $45 million to settle a class-action lawsuit, allowing eligible consumers to submit claims for cash payments if they purchased certain weighted meat, seafood, and bagged citrus products at Walmart in the U.S. and Puerto Rico between October 19, 2018 and January 19, 2024.
Procter & Gamble is recalling 8.2 million bags of laundry detergent pods in the U.S. due to a packaging flaw that could be harmful to children, with reports of children ingesting the contents of the pods, posing a risk of injury.
Apple is cutting 614 jobs in California after discontinuing its electric car project, with most affected employees having worked on the canceled car project and others on next-generation screen development.
McDonald's is purchasing its restaurants in Israel from a franchisee in an effort to recover slumping sales caused by boycotts, with plans to operate the restaurants and retain over 5,000 employees.
A study from UC Berkeley shows that the adoption of electric vehicles in the San Francisco Bay Area has resulted in a 1.8% yearly decrease in CO2 emissions from all sources and a 2.6% annual drop in vehicle emissions, indicating that EVs are effectively reducing air pollution.
Disney plans to crack down on password sharing for its streaming service Disney+ starting in June, with enforcement expanding to all subscribers by September, following in the footsteps of Netflix and Warner Bros. Discovery.
The author suggests that the SPDR S&P 500 ETF Trust (SPY) may face a near-term unfavorable price action due to the growing discrepancy between real interest rates and the upward trend of SPY, potentially leading to a correction of 10-20% in the market.
Prices for fast food items have increased in various California restaurant chains due to the implementation of a $20 minimum wage for fast food workers in the state.
Johnson & Johnson has acquired Shockwave Medical in a $13.1 billion deal, allowing the company to enter higher-growth markets with the use of Shockwave's intravascular lithotripsy technology, which aids in cracking calcifications in the arteries.
Mercedes-Benz workers in Alabama have voted to hold an election to join the United Auto Workers, becoming the second car plant in a southern state to pass such a vote in the last month.
The Centers for Medicare & Medicaid Services (CMS) has announced updates to Medicare Advantage and Part D plans for 2025, introducing new protections, benefits, and regulations to enhance care for seniors and ensure fair competition among plans.
As the United Auto Workers union ramps up efforts to organize non-union plants in the South, workers at Mercedes in Alabama have filed a petition for a union election, a first for the Vance plant, following the success of the UAW's strike against the Big 3 automakers last year.
Artificial intelligence is predicted to result in job losses at numerous companies in the next five years, with 41% of C-suite executives expecting a decrease in employment due to the technology, according to a global survey conducted by Adecco Group and Oxford Economics.
Companies like Burger King, Krispy Kreme, and Warby Parker are offering exclusive products and discounts to capitalize on the solar eclipse, which is drawing significant interest as it will be the last total solar eclipse visible from the contiguous United States until 2044.
Federal officials are investigating a Southwest Airlines flight that veered off course and flew close to the air traffic control tower at LaGuardia Airport due to bad weather, prompting the pilots to abandon their landing and divert to Baltimore before returning to New York.
Apple is laying off 614 workers in California as it cancels its Project Titan electric vehicle effort.
Amazon has laid off "nearly all" of the engineers working on its Just Walk Out checkout technology, leaving a small team to sustain its future, signaling a potential uncertain future for Amazon Go stores and third-party retailers that rely on the technology.
The Dow Jones Industrial Average and other stock indexes looked to rebound from Thursday's sell-off as Wall Street digested a stronger-than-expected jobs report, with Meta Platforms and Nvidia rising while Tesla dropped.
Boeing has paid Alaska Airlines approximately $160 million as an initial payment for financial damages resulting from a midair door blowout incident, with additional compensation expected in the future.
The US economy added more jobs than expected in March, with the unemployment rate decreasing, suggesting that the labor market remains stronger than predicted.
The Powerball jackpot, currently estimated at $1.23 billion, continues to grow with no winners in over four months, making it the fourth-largest prize in Powerball history.
All passengers are safe after a Boeing 737 on Southwest Airlines flight 1928 from Lubbock, Texas to Las Vegas experienced a reported engine fire, marking the latest incident involving a Boeing 737.
A 20-year-old man jumped overboard from a Royal Caribbean cruise ship in front of his family, saying "I'll fix this right now," as the ship was traveling between Cuba and the Bahamas' Grand Inagua Island; the U.S. Coast Guard has launched a search for him.
McDonald's is buying back its Israel franchise from Alonyal Ltd, reclaiming ownership of 225 restaurants in the country amidst boycotts and protests due to the franchise's decision to donate free meals to the Israeli military.
California restaurant owners, like Alex Johnson, are concerned about the new minimum wage legislation, which has raised the minimum wage for fast food employees to $20 an hour, leading to increased costs and the immediate need to raise prices.
Disney will crack down on password sharing for its streaming services beginning in June, prompting users to start their own subscriptions or face potential disconnection, with a full rollout planned for September.
The Federal Aviation Administration is investigating why a Southwest Airlines flight veered off course and had a close call with LaGuardia Airport's air traffic control tower due to bad weather, prompting the crew to abort the landing and divert to Baltimore.
Florida is experiencing a higher number of home price reductions compared to the rest of the country, with several cities in the state having a significant percentage of listings with price cuts, likely due to increased competition among sellers.
The upcoming solar eclipse in the United States will cause a significant decrease in solar power production, posing challenges for power grid operators who must carefully balance supply and demand.
Disney CEO Bob Iger has recently overcome several challenges and distractions, but he still faces uncertainty regarding the future profitability of streaming services, the fate of ESPN, and the selection of his successor.
US equity futures ticked higher, indicating a slight rebound on Wall Street after a plunge caused by surging oil prices and expectations of a strong labor market reading, with concerns about sticky inflation potentially leading to a delay in the Federal Reserve's interest rate cut.
McDonald's Corporation is set to acquire Alonyal, which owns 225 McDonald's restaurants in Israel, in a deal that aims to overcome the boycott calls sparked by the war with Hamas in Gaza.
### Summary Michael Brosnan, a lottery winner from Virginia, won $1 million in the New Year's Millionaire Raffle and described his win as amazing, expressing excitement and gratitude for the unexpected luck.
### Summary Tesla's vehicle deliveries started slower than expected in 2024, facing challenges including growing competition, weak demand, declining average prices for used vehicles, and lack of guidance for the year, raising questions about the company's future growth and stock performance.
The OPEC+ alliance risks a repeat of last year's oil market boom and bust as Brent crude prices surge above $90 a barrel with warnings of further increases to $100.
British billionaire Joe Lewis, owner of the Tottenham Hotspur soccer club, will not serve prison time for insider trading and conspiracy charges in New York, due to his failing health and lifetime of good works, receiving three years probation and a $5 million fine instead.
Advanced Micro Devices (AMD) stock dropped over 8% on April 4, potentially due to the broader market selloff and concerns about its valuation and competition from Nvidia, despite bullish outlooks from Wall Street analysts based on strong enterprise demand and recovery in the server CPU market.
