Tag Archives: falls

The U.S. economy unexpectedly saw a slowdown in hiring in December compared to November, while the unemployment rate improved to a fresh pandemic-era low. The Labor Department released its December jobs report Friday at 8:30 a.m. ET. Here were the main metrics from the print, compared to consensus estimates compiled by Bloomberg: Non-farm payrolls: +199,000 vs. +450,000 expected and a revised +249,000 in November Unemployment rate: 3.9% vs. 4.1% expected and 4.2% in November  Average hourly… Source link

The Baltimore Ravens sum up the 2021 NFL season. It all looked so good not long ago. Then injuries and COVID-19 ruined everything.  The Ravens went on the road in what should have been an AFC North championship showdown against the Cincinnati Bengals. They had no chance.  The Ravens had 10 players on the COVID-19 list. They had seven starters on injured reserve and had 11 practice squad players on the field via Jamison Hensley of ESPN. Cornerback Anthony Averett was carted off during the… Source link

UK prime minister Boris Johnson said that people must work from home where possible from Monday and that face masks would be a legal requirement in most public indoor areas such as theatres and cinemas from Friday. Photo: Adrian Dennis-WPA Pool/Getty Images European stock markets tumbled into the red on Thursday as England is set to impose its COVID Plan B amid fears of a rise in Omicron cases. In London, the FTSE 100 (^FTSE) shed 0.4%, while the CAC (^FCHI) dropped 0.3% and the DAX (^GDAXI)… Source link

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(Bloomberg) — Intel Corp. Chief Executive Officer Pat Gelsinger spelled out the cost of his drive to return the world’s largest chipmaker to leadership of the industry and investors weren’t pleased. Shares fell about 9% in extended trading. Most Read from Bloomberg Executives said profitability will suffer during the next few years because of increased spending on the company’s manufacturing technology. Near term, if Intel’s fourth quarter comes in as the chipmaker projects, sales… Source link

(Bloomberg) — Virgin Galactic Holdings Inc. is pushing the start of commercial flights further into next year after rescheduling a test flight, disappointing investors with the unexpected delay to its space tourism business plans. Most Read from Bloomberg A program to upgrade the company’s spaceplane is taking place a month later than anticipated, forcing the delay of a planned research mission with a crew of four and the start of commercial service into the fourth quarter of 2022, it said… Source link

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U.S. employers likely hired at a stronger rate in September after a disappointing August, with more individuals returning to the workforce as new coronavirus infections slowed and other pressures on the labor market at least temporarily abated. The Labor Department is set to release its September jobs report Friday morning. Here are the main metrics expected from the report, compared to consensus estimates compiled by Bloomberg: Change in non-farm payrolls, September: +500,000 expected,… Source link

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