Business
It’s the strangest job market the U.S. has ever seen. The low-hire, low-fire economy turns 3 years old.
America has always been a job-creating machine. It has broken down for three straight years, and the implications could be with us for a long time.
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Marvell is reportedly close to buying Lumentum. Analysts say they see logic in a potential deal.Shares in Lumentum Holdings rose 5.5% in premarket trading as investors weighed a potential combination with Marvell Technology.Consumer spending flattens out after inflation surgeConsumer spending rose sharply in September, but it largely reflected households spending more on gas and transportation after an increase in energy costs.DoorDash and Instacart want to join forces. Will the U.S. government get in their way?The companies say their proposed merger will help smaller grocers compete, but analysts wonder if regulators will conduct an “extended review” of antitrust risks.Inflation surges, PCE shows. Fed pause on rate hikes unlikely to last long with prices still rising.Yearly rate of U.S. inflation climbs to 3.6%U.S. economy grows at fastest pace in almost three years, third-quarter GDP showsAI revolution and ‘wealth effect’ fuel expansionCaterpillar’s stock heads for worst day in 7 years — and what that means for the DowCaterpillar’s data center business is fine, but other areas disappointed and the stock was heading for its biggest loss in years.This page holds the headline and a short snippet as published by MarketWatch, whose feed they came from. The story itself, the photography and the rights stay with them, and the button above goes straight to their site. We keep this page so the headline has a stable address and a record of when it ran.
