Cava stock tumbled 16% in afternoon trading on Wednesday, making it the latest fast-casual chain to feel Wall Street’s wrath after reporting disappointing quarterly sales. A year ago, eateries like Chipotle Mexican Grill and Cava were reporting double-digit same-store sales growth, even as the broader restaurant industry posted falling traffic and slumping sales. But times have changed. This spring, fast-casual …
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Monthly U.S. jobs report won’t be suspended, Trump aides say – MarketWatch
Monthly U.S. jobs report won’t be suspended, Trump aides say MarketWatch The Partisan Economist Trump Wants to Oversee the Nation’s Data The Wall Street Journal ‘Underlying motives’: Why Trump’s BLS pick is in for a fight Politico Hard Truths The New York Times Trump’s pick for BLS commissioner floated suspending the monthly jobs report before apparently backing off CNN Source link
Read More »Bears stock report: Montez Sweat, Jaquan Brisker up; passing game down
Taking a page from Sean Payton and Bill Parcells, Chicago Bears head coach Ben Johnson held practice Monday afternoon, one day after the team’s preseason opener. Only starters who didn’t play Sunday, and players who played very limited reps, were on the field at Halas Hall for an unpadded practice. It wasn’t pretty for the offense, but if we’ve learned …
Read More »Training Camp Report: Aug. 12
LATROBE, Pa. – When it started here on July 23, Coach Mike Tomlin said, “It’s just good to be back in Latrobe, at Saint Vincent, and formally beginning this team development process.” And when it ended on Tuesday, Aug. 12 with a padded practice conducted in a feels-like temperature of 103-degrees, he was no less enthusiastic. “We had a really …
Read More »Crypto Firm Circle Posts Loss in First Earnings Report After IPO – The Wall Street Journal
Crypto Firm Circle Posts Loss in First Earnings Report After IPO The Wall Street Journal Earnings live: Circle pops on higher revenue in first earnings report, On stock surges Yahoo Finance Circle shares rise as second-quarter revenue jumps 53% on strong stablecoin growth CNBC Circle Internet Aces Its First Earnings Test. The Stock Rises. Barron’s Circle Internet sees wider stablecoin adoption from payments and …
Read More »S&P 500, Nasdaq Close at Record Highs as Stocks Surge After CPI Report Boosts Rate-Cut Hopes
Biggest S&P 500 Movers on Tuesday 1 hr 17 min ago Advancers Spirit Aviation Holdings (FLYY) warned it may be unable to continue operations, citing an insufficient cash supply and difficulties in navigating operational challenges. Shares of the low-cost airline, which emerged from bankruptcy in March, plunged more than 40%, while shares of rival carriers rose. United Airlines (UAL) shares logged …
Read More »Trump wants Alabama-based military ‘reaction force’ to stop violence in cities, report states
Documents obtained by The Washington Post indicate that the Pentagon is evaluating plans to set up a task force of National Guard soldiers who could respond to riots, violence, and unrest in American cities. The report says Alabama is included in the tentative plans as the host of one of two planned bases for a “Domestic Civil Disturbance Quick Reaction …
Read More »SpaceX rival AST SpaceMobile soar on report of satellite deployment
Jaque Silva | Lightrocket | Getty Images Satellite designer AST SpaceMobile said it’s preparing to deploy nearly five dozen satellites to power cellular-based broadband networks, a move that establishes the company as a rival to Elon Musk‘s dominant SpaceX. The company, based in Texas, released its second-quarter earnings after the bell on Monday, reporting that its satellites are fully funded …
Read More »Trump’s BLS nominee E.J. Antoni suggests suspending monthly jobs report
President Trump’s nominee to lead the Bureau of Labor Statistics is suggesting that the agency suspend its monthly jobs report, an economic staple that is relied upon by the Federal Reserve and U.S. businesses to gauge the health of the economy. In an interview on Fox Business on Monday ahead of his nomination, E.J. Antoni criticized the monthly employment report as …
Read More »Trump's BLS nominee suggests suspending jobs report – Axios
Trump’s BLS nominee suggests suspending jobs report Axios Trump’s pick for BLS commissioner suggests suspending the monthly jobs report CNN Trump Names EJ Antoni New BLS Commissioner The New York Times Trump to nominate EJ Antoni as Bureau of Labor Statistics commissioner NBC News Trump taps conservative economist to lead statistics agency NPR Source link
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