Air Canada said on Monday it flew 100,701 customers on April 15. (Xinhua/Zou Zheng via Getty Images) Air Canada (AC.TO) flew more than 100,000 passengers in one day for the first time since the COVID-19 pandemic hit, another sign that the airline’s recovery is underway as travel demand returns. The Montreal-based airline said on Monday that it flew 100,701 customers on April 15. The last time Air Canada carried more than 100,000 passengers on its planes in a single day was on March 13, 2020,… Source link
Read More »Inflation rises by the most since 1981 as CPI jumps 8.5% in March
U.S. consumer price increases quickened in March, underscoring ongoing inflationary pressures as supply chain disruptions and shortages lingered across the economy. The Bureau of Labor Statistics’ (BLS) Consumer Price Index (CPI) rose 8.5% in March compared to the same month last year, according to the latest report released Tuesday. That marked the fastest rise since December 1981. This followed a 7.9% annual increase in February. Heading into the report, consensus economists were looking… Source link
Read More »What economists are saying about the ‘March Madness’ jobs report
The U.S. labor market extended a streak of strong hiring in March, recording another month of job growth even as decades-high inflation, supply chain imbalances and Russia’s war in Ukraine raised concerns over the economic outlook. The Labor Department reported Friday that non-farm payrolls rose by 431,000 in March. Payroll gains were shy of the 490,000 jobs Bloomberg economists had forecast employers would add and below last month’s blowout tally of 678,000 but still marked an increase… Source link
Read More »Stock market news live updates: March 31, 2022
U.S. equity futures were flat headed into overnight trading Wednesday after stocks capped this week’s rally to close lower amid a backdrop of faded optimism around Russia-Ukraine ceasefire negotiations and mixed economic data. The S&P 500, Dow Jones Industrial Average and Nasdaq Composite were near breakeven at the start of extended trading after the S&P 500 and Dow each snapped a four-day winning streak in the main session. The Nasdaq slid 1.2% after closing at its highest levels since… Source link
Read More »Private payrolls rose by 455,000 in March, topping expectations: ADP
U.S. private sector employers brought back slightly more jobs than expected in March as the economy faced ongoing labor shortages and widespread vacancies. Private sector payrolls rose by 455,000 in this past month, ADP said in its latest report Wednesday. Consensus economists were looking for 450,000 jobs to return, according to Bloomberg data. In February, employers brought back 486,000 payrolls, based on ADP’s upwardly revised monthly print. The private services sector saw jobs return… Source link
Read More »Stock market news live updates: March 29, 2022
Futures on Wall Street’s main benchmarks were little changed ahead of overnight trading Monday following a choppy session that saw stocks climb in the final hour to cap the day at six-week highs. Contracts on the S&P 500, Dow Jones Industrial Average, and Nasdaq Composite were muted post-market after advancing into a third week, buoyed by a comeback in technology stocks. Big names in the sector — Tesla, Amazon, and Apple — each rallied during intraday trading Monday following a rough… Source link
Read More »WISeKey to Present at the Maxim Group 2022 Virtual Growth Conference on March 29th
Wisekey International Holding SA WISeKey to Present at the Maxim Group 2022 Virtual Growth Conference on March 29th Geneva – March 28, 2022 – WISeKey International Holding Ltd. (“WISeKey,” SIX: WIHN / Nasdaq: WKEY), a leading global Semi-conductor, AI and IoT company, today announced that its CEO, Carlos Moreira is scheduled to participate in fireside chat at the Maxim Group Virtual Growth Conference on Tuesday, March 29, 2022 at 9:00am ET. Conference agenda and registration details can… Source link
Read More »Google’s Pixel 6 and 6 Pro vibration changed after the March update
This may sound familiar, but there’s something wrong with the latest software update for Google’s Pixel 6 phones. As Google tweaks the version of Android it distributes to phones running its custom Tensor chip, there have been some odd issues, but instead of problems with Wi-Fi or a slow thumbprint scanner, this time, it’s affecting another key feature: notifications. They still pop up on the phone just as regularly, but for some reason, the strength of the vibration is now… Source link
Read More »Stock market news live updates: March 24, 2022
U.S. equity futures were little changed in extended trading Wednesday after stocks retreated from a mini-comeback to resume losses in the trading session as investors continued to juggle a number of risks, including the Federal Reserve’s inflation flight and Russia’s war in Ukraine. Contracts on Wall Street’s main benchmarks hovered around breakeven headed into overnight trading. Wednesday marked two years since the S&P 500 bottomed in the 2020 global stock market crash after the World… Source link
Read More »Stock market news live updates: March 22, 2022
U.S. equity futures ticked slightly higher heading into overnight trading Monday after hawkish remarks from Federal Reserve Chair Jerome Powell snapped last week’s winning streak on Wall Street. Contracts tied to the S&P 500, Dow Jones Industrial Average and Nasdaq Composite were just above breakeven in extended hours following a choppy session that saw all three indexes close lower to start the week. The Fed’s top leader reiterated in comments at the National Association for Business… Source link
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