Target plans to hire 100,000 employees for the holidays, staying at 2023 levels
Target says it plans to hire around 100,000 employees for the holiday shopping season. The retailer’s plans, announced on Monday (September 16), are in line with last year’s hiring numbers and come at a time when analysts expect a slightly…
Is Rachel Reeves considering an ISA tax raid?
City comment: ISA savings have risen to a record high. That could attract the attention of the likely future finance minister (Stefan Rousseau/PA) (PA archive) Ah, so that’s where all the money went. Latest figures from the Bank of England…
China’s stock investors are unable to gauge sentiment as regulator restricts access to key data
China’s stock exchanges stopped reporting real-time data on foreign capital inflows into domestic stocks on Monday, leaving domestic traders without an indicator of market sentiment as regulators seek to downplay the influence of foreign investors amid ongoing capital outflows. The…
Recession appears less likely according to labor market/sales reports
Economists at Goldman Sachs have reduced the likelihood of a recession in the United States. As Bloomberg News reported On Saturday (August 17), the banking giant estimated that an economic downturn could occur based on the latest data on retail…
What’s going on with Tesla stock today?
What’s going on with Tesla stock today? Benzinga and Yahoo Finance LLC may earn commissions or revenue from some articles through the links below. Tesla shares rose 3.6 percent on Thursday, rising after strong retail sales, indicating higher consumer demand…
Stocks rise as data shows US economy holding up: Markets Wrap
(Bloomberg) — Stocks rose and bond prices tumbled as data on retail sales and the jobs market underscored the strength of the world’s largest economy and eased fears that the Federal Reserve might risk a deeper economic slowdown. Most read…
Nasdaq and S&P 500 lead market rally after retail sales and labor market data
Mortgage rates rose slightly from the previous week as investors continued to expect a rate cut by the US Federal Reserve next month. The average interest rate on 30-year fixed-rate mortgages rose to 6.49% from 6.47% the previous week, Freddie…
Retail sales beat Wall Street estimates in July
Retail sales beat Wall Street estimates in July, helping to allay concerns about a significant slowdown in the U.S. economy. Retail sales rose 1 percent in July, compared to economists’ expectations for a 0.4 percent increase in spending, according to…
What you should know this week
After a volatile trading week on Wall Street, the stock market ended the week virtually where it left off last Friday. Panic broke out in financial markets on Monday as the unwinding of the yen carry trade increased volatility after…
