Tag Archives: jobs

[unable to retrieve full-text content]Stock market today: Stocks rise after jobs report shows more strength  Yahoo Finance Source link

[unable to retrieve full-text content]US economy adds 303,000 jobs, unemployment falls to 3.8% in March as labor market continues to impress  Yahoo Finance Source link

Stocks lost momentum and turned downward during afternoon trading on Friday, as investors pulled back some after a powerful rally that led by big tech names. The February jobs report also showed an uptick in the unemployment rate, bolstering investor confidence that the Federal Reserve will cut rates following its June meeting. The S&P 500 (^GSPC) trended near the flatline after logging another record close on Thursday, while the Dow Jones Industrial Average (^DJI) increased by close to 0.3%…. Source link

Stocks climbed on Friday after the February jobs report showed an uptick in the unemployment rate, bolstering investor confidence that the Federal Reserve will cut rates following its June meeting. The S&P 500 (^GSPC) rose 0.2% on the heels of another record close logged Thursday, while the Dow Jones Industrial Average (^DJI) was flat. The tech-heavy Nasdaq Composite (^IXIC) added 0.3% after a sharp gain the previous day. Friday’s non-farm payrolls report showed the US economy added 275,000… Source link

Another closely followed index is set to make a new record close. The S&P 500 equal-weight index (^SP500EW) is on track for its first record-high close since January 2022. While the traditional S&P 500 (^GSPC) is market-cap weighted, meaning a few large stocks have an outsized impact on the index’s performance, the equal-weight index values all 500 stocks in the index equally. As Goldman Sachs equity strategy team highlighted in Yahoo Finance’s Charbook back in January, this led to outsized… Source link

In an account shared by Vic Gundotra, Google’s former vice president of engineering, a story from January 2008 highlights the meticulous attention to detail of Steve Jobs, the then-CEO of Apple Inc. This narrative resurfaced and gained attention when Jobs resigned from his CEO position, a decision that sent ripples through the tech world. Originally reported by 9TO5 Google in 2011, the story offers a glimpse into Jobs’s legendary commitment to product excellence. Gundotra’s recollection… Source link

Job cuts continue at Google. Google parent Alphabet moonshot factory X is reportedly restructuring, laying off some staff and turning to outside investors to fund its ambitious projects. According to a report in Bloomberg News, “Alphabet Inc.’s lab for pioneering technology is laying off dozens of employees as it turns to outside investors to help fund its ventures.”The X lab is reportedly adopting a new structure that will enable its projects to more easily spin out of X as independent… Source link

Appen, an Australian data services company that Google contracted with for a large number of its third-party search quality raters, was notified by Google that its contract is ending on March 19, 2024. Appen said it had no prior notice and the cancellation would result in a loss of $82.8m of revenue at a gross margin of 26% for the company. What search quality raters do. Google’s quality raters assess the quality of the Google search results. They do not directly influence the search… Source link

Angle down icon An icon in the shape of an angle pointing down. Google CEO Sundar Pichai. NurPhoto/ Getty Images; Tyler Lee/ BI Googlers are fighting back against the company after years of being treated like “family.” The search giant plans to cut more jobs in 2024 after cutting 12,000 last year. Staffers have taken aim at its “glassy-eyed leaders” and organized protests in response. In 2012, Larry Page stressed how important it was that Google acted like a “family.” The… Source link

The announcement marks a further win as Google joins Microsoft in boosting its UK footprint amid its battle for data centre and AI supremacy. By James Sillars, Business reporter @SkyNewsBiz Thursday 18 January 2024 15:50, UK … Source link