Job creation decelerated in February but was still stronger than expected despite the Federal Reserve’s efforts to slow the economy and bring down inflation. Nonfarm payrolls rose by 311,000 for the month, the Labor...
Coinbase — Shares of the cryptocurrency trading app dropped more than 11% in premarket trading after Coinbase received a Wells notice from the Securities and Exchange Commission. Oppenheimer also downgraded the stock to perform from...
Ford Motor disclosed Thursday that its electric vehicle unit, called Ford Model e, lost $2.1 billion in 2022 — and could lose as much as $3 billion in 2023. But the company also forecast a drastic turnaround,...
Walmart is laying off hundreds of employees at e-commerce facilities across the country, as the big-box giant and other retailers brace for a tougher year ahead. Walmart, the nation’s largest private employer, is shrinking its workforce...
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