The US labor market has become 'low-hire, low-fire'
Fewer Americans are filing for unemployment benefits. But that doesn't mean companies are hiring.
Trafigura Rattles Zinc Market With Huge Order for LME Metal
(Bloomberg) -- Trafigura Group has ordered thousands of tons of zinc out of London Metal Exchange warehouses, fueling a rally in prices, according to people familiar with the matter. Most Read from BloombergIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesIn Italy’s Motor City, Car-Free Options Are GrowingNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasIn Kansas City, a First-Ever Stadium Designed for Women’s Sports Takes the FieldOrders to withdraw zinc from warehouses o
Dell's Client Solutions Revenue Miss, Conservative Guide Driving Stock Selloff, Morgan Stanley Says
Shares of Dell Technologies (DELL) plunged intraday Wednesday after the computer manufacturer report
Outlook Therapeutics stock craters as wet AMD drug fails Phase III trial
The Norse Eight trial was part of the data requested by the FDA after the agency rejected the BLA for the company’s Lytenava last year.
Workday's Outlook for Subscription Services Revenue Sends Stock Tumbling
Workday gave weaker-than-anticipated guidance for fiscal 2025 subscription services revenue, sending shares tumbling.
Pony AI stock price: Chinese autonomous car company’s Nasdaq IPO will be closely watched today
The firm, which has headquarters in Silicon Valley and Guangzhou, China, makes tech that can turn cars into self-driving vehicles.
Autodesk Stock Sinks as Solid Results Offset by CFO Change
Autodesk reported better-than-expected adjusted profit and sales, but shares fell as the design software maker announced a CFO change.
In Hot Credit Market, Fixed-Maturity Funds Are Booming
(Bloomberg) -- Credit investors squeezed by the tightest spreads in almost 20 years are opting for bare-bones strategies, creating a boom for Europe’s fixed-maturity funds.Most Read from BloombergIn Italy’s Motor City, Car-Free Options Are GrowingNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesIn Kansas City, a First-Ever Stadium Designed for Women’s Sports Takes the FieldThese previously-niche funds invest mostly in invest
'Everything is expensive!' Bolivia faces a shocking economic collapse
Fuel is rapidly becoming one of Bolivia’s scarcest commodities. Long lines of vehicles snake for several kilometers outside gas stations all over Bolivia, once South America’s second-largest producer of natural gas. While frustration builds, drivers like Victor García now eat, sleep and socialize around their stationary trucks, waiting to buy just a few gallons of diesel — unless the station runs dry.
HP, Dell's weak forecasts spark share selloff, doubts over PC market recovery
Dell tumbled 11%, with the company set to shed about $11 billion from its $99.50 billion market value, after it forecast quarterly revenue below estimates. HP dropped about 5% and its market capitalization was set to shrink by nearly $2 billion, from $37.68 billion on Tuesday, following a quarterly profit projection that was short of analysts' view. The expected computer upgrade cycle due to Microsoft ending support for Windows 10 and transitioning to Windows 11 has been slower than anticipated.