WASHINGTON (Reuters) -U.S. private payrolls increased by an average 14,250 jobs in the four weeks ending October 11, the ADP National Employment Report’s inaugural weekly preliminary estimate showed on Tuesday. ADP said in a statement it would publish a weekly preliminary estimate of the ADP National Employment Report every Tuesday effective October 28, based on …
By Neil J Kanatt (Reuters) -Royal Caribbean forecast fourth-quarter profit below expectations on Tuesday, as the cruise operator faces higher costs, sending its shares down about 8% in early trading. The company raised its forecast for annual profit but that too fell short of expectations, tempering a strong year that saw shares rise about 38%. …
Royal Caribbean forecasts quarterly profit below estimates as expenses surge Read More »
By Manya Saini (Reuters) -PayPal said on Tuesday it entered into a deal with OpenAI that will allow ChatGPT users to buy products using the payment firm’s platform, sending its shares up 10%. The company also raised its profit forecast for the year again, banking on resilient consumer spending, and announced its first dividend in …
PayPal unveils partnership with OpenAI for payments on ChatGPT, shares surge Read More »
(Corrects to say UPS cut 48,000 jobs so far this year, not 34,000, in paragraph 1 and headline) (Reuters) -United Parcel Service said on Tuesday it has cut 48,000 jobs so far this year. (Reporting by Shivansh Tiwary in Bengaluru; Editing by Shinjini Ganguli)
(Reuters) -Sysco maintained its annual forecasts despite beating first-quarter estimates on Tuesday, reflecting growing concerns about the impact of economic uncertainty on the food distributor’s foodservice customers. WHY IT’S IMPORTANT The rising inflationary prices triggered by the Trump administration’s ever-shifting trade policies are turning Americans, especially lower-income households, thriftier and are increasingly looking to cut …
Food distributor Sysco keeps annual forecast intact as economic uncertainty looms Read More »
WASHINGTON (Reuters) -U.S. single-family house prices increased in August even as supply has improved significantly, suggesting affordability would remain a challenge for many prospective home buyers. House prices rose 0.4% on a month-over-month basis, the Federal Housing Finance Agency said on Tuesday. Data for July was revised up to show prices being unchanged instead of …
US single-family home prices increase in August, FHFA says Read More »
TOKYO (Reuters) -U.S. President Donald Trump on Tuesday said there was a long list of people who could take over the Federal Reserve, slamming current chairman Jerome Powell as the central bank prepared to meet this week. “We have an incompetent head of the Fed… we got a bad Fed guy, but he’ll be out …
Trump slams Fed chair, eyes replacement in a few months Read More »
By Stephen Nellis SAN FRANCISCO (Reuters) -Adobe said on Tuesday its video and image editing tools can be controlled by chatting with them, adding that it is working with ChatGPT creator OpenAI to let users directly control one of its apps with the popular chatbot service. Adobe is the creator of Photoshop and Premiere, widely …
Adobe reworks its apps for AI assistants, pursues ChatGPT integration Read More »
By Mike Dolan -What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets As U.S. stock indexes hit new records on Monday ahead of a likely Federal Reserve interest rate cut and megacap earnings later this week, gold’s retreat deepened – extending back below $4,000 per ounce and now down …
(Reuters) -Index provider MSCI reported a rise in third-quarter profit on Tuesday, as improved client spending drove up demand for its index products and analytics services. MSCI creates stock market indices that serve as benchmarks for trillions of dollars in assets held by investment funds, pension plans, and asset managers to measure performance and guide …
MSCI reports third-quarter profit rise on robust demand for index products Read More »
