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Economy
December 7, 2024

Unemployment rate jumps more than a percentage point for Black women in November

  Job seekers talk to a recruiter at the Albany Job Fair in Latham, New York, on Oct. 2, 2024. Angus Mordant | Bloomberg | Getty Images The unemployment rate climbed sharply for Black women in November. The overall jobless rate edged up slightly last month to 4.2% from 4.1%...

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Earnings
December 7, 2024

Lululemon stock jumps as international growth helps to offset slowing U.S. sales

Lululemon's U.S. growth is continuing to slow, but the athletic apparel retailer is making big gains abroad, leading to a 9% increase in sales year over year. The yoga pants company on Thursday beat Wall Street's expectations on the top and bottom lines and said it's "pleased" with the start to...

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Business
December 6, 2024

CFPB sues Comerica Bank, alleging it failed to administer federal benefits program

  A Comerica Bank sign on a building in Walnut Creek, California, March 30, 2023. Smith Collection/gado | Archive Photos | Getty Images The Consumer Financial Protection Bureau filed a complaint Friday against Comerica Bank, accusing the regional bank of failing to administer a federal benefits program that uses prepaid...

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Economy
December 6, 2024

There’s an important jobs report coming Friday. Here’s what to expect

  A pedestrian walks by a 'hiring now' sign in front of a U-Haul store on December 03, 2024 in San Rafael, California. Justin Sullivan | Getty Images After a month in which hiring was essentially muted due to storms and strikes, the jobs report due out Friday could provide...

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  • Cash may feel safe when stocks slide, but it has risks
  • Fed Governor Waller sees tariff inflation as ‘transitory’ in ‘tush push’ comparison
  • Bank of America tops analysts’ estimates on better-than-expected interest income, trading
  • Auto stocks rise as Trump says he wants to ‘help’ some car companies
  • Op-ed: NYSE systems are working normally, handling record volume more efficiently than during Covid crash, president says

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