S&P 500 futures are down slightly as investors await Friday’s US jobs data

S&P 500 futures were slightly lower early Friday as investors looked ahead to November’s jobs report. Futures linked to the reference stock index fell 0.16%. Dow Jones Industrial Average futures fell 0.1% and Nasdaq 100 futures fell 0.33%. Shares of tech companies were moving in after-hours trading following quarterly results. Asana, Zscaler and Marvell all … Read more

The main inflation measure the Fed tracks rose 0.2% in October, less than expected

A man climbs into the refrigerator for milk at a Walmart store in Rosemead, California, on Nov. 22, 2022. Frederic J. Brown | AFP | Getty Images Inflation rose roughly in line with estimates in October, a sign that price increases are at least stabilizing, the Commerce Department reported Thursday. The core personal consumption expenditure … Read more

The main inflation measure the Fed tracks rose 0.2% in October, less than expected

A man climbs into the refrigerator for milk at a Walmart store in Rosemead, California, on Nov. 22, 2022. Frederic J. Brown | AFP | Getty Images Inflation rose roughly in line with estimates in October, a sign that price increases are at least stabilizing, the Commerce Department reported Thursday. The core personal consumption expenditure … Read more

Designer brands, Lands’ End, Salesforce and more

Store front view of Lands’ End opening of the NYC Pop-Up on Vererans Day featuring the Bob Woodruff foundation on November 11, 2015 in New York City. Bryan Bedder | Getty Images Check out the companies making headlines before the bell: designer brands (DBI) — Shares of the shoe retailer fell 15.6% in the premarket … Read more

China signals slight easing of Covid policy, with no major changes

Customers dine at a McDonald’s in Guangzhou on December 1, 2022, a day after the city eased Covid restrictions on restaurant operations. Yin Hon Chow | CNBC BEIJING – A flurry of changes around China’s Covid controls over the past 24 hours has raised hopes that wider easing is on the way. Local media reports … Read more

Equity futures are ticking higher after Wednesday’s rally

Equity futures were trading higher in early trading on Thursday. Futures linked to the Dow Jones Industrial Average added 23 points, or 0.07%, while futures linked to the S&P 500 and Nasdaq 100 gained 0.22% and 0.24%, respectively. Shares of Salesforce lost 6% in extended trading following news that co-CEO Bret Taylor is stepping down. … Read more

Feds donate $75 million to lift 3 Indigenous tribes from rising seas

Schoolchildren walk past severe erosion of the permafrost tundra next to their school in the climate-change-affected Yupik Eskimo village of Napakiak in Alaska’s Yukon Delta on April 18, 2019. Mark Ralston | AFP | Getty Images The Interior Department under the Biden administration is providing three Native American tribes with $75 million to relocate from … Read more

Elon Musk meets with Tim Cook, says Apple never considered removing Twitter app

An aerial view of Apple Park is seen in Cupertino, California, United States on October 28, 2021. Tayfun Coskun | Anadolu Agency | Getty Images Twitter owner Elon Musk said he went to Apple headquarters on Wednesday and met Apple CEO Tim Cook in tweets. The meeting marks a major de-escalation, days after Musk was … Read more

IRS gives Trump tax returns to House committee after lawsuit

Former US President Donald Trump arrives on stage to speak at an event at his Mar-a-Lago home on November 15, 2022 in Palm Beach, Florida. Joe Raedle | Getty Images The IRS has given six years of former President Donald Trump’s federal income tax returns to the House Ways and Means Committee, a week after … Read more

Dow loses more than 100 points as investors process mixed economic signals awaiting Powell’s speech

The Dow Jones Industrial Average fell Wednesday as Wall Street waded through new economic data and awaited an afternoon speech on the economy from Federal Reserve Chairman Jerome Powell. The 30-stock index lost 179 points, or 0.5%. The S&P 500 lost 0.2%, while the Nasdaq Composite gained 0.2%. Investors were hit by conflicting economic reports … Read more