Strong US jobs growth dampens talk of rate cuts

Shares in JD Sports have plummeted by more than 20% after the sportswear seller issued an profit warning. The company said its profits would be about £125m lower than previously predicted after a worse-than-expected festive trading period. It blamed more promotions and price discounting than anticipated, which it said reflected “more cautious consumer spending”. It…

Comment on this storyComment Add to your saved stories Save Starbucks has long pitched itself as a mindful seller of coffee and tea, publicizing its supply chain standards, sharing photos of farms around the world and assuring customers on its product labels that it is “committed to 100% ethical” sourcing. But the international coffee brand…

The employees had alleged that the rocket company failed to address a culture of sexism and discrimination.

Shoppers enter and exit the Neiman Marcus at the King of Prussia Mall in King of Prussia, Pennsylvania, on Dec. 8, 2018. Mark Makela | Reuters ORLANDO, Fla. — As rumors swirl over whether Saks Fifth Avenue will acquire Neiman Marcus, Neiman’s CEO told CNBC there’s “no need” to sell the business, adding it’s unlikely…

SpaceX founder Elon Musk and T-Mobile CEO Mike Sievert on stage during a T-Mobile and SpaceX joint event in Boca Chica Beach, Texas, on Aug. 25, 2022. Michael Gonzalez | Getty Images SpaceX successfully sent text messages via Starlink satellites using T-Mobile’s network, it announced Wednesday, as Elon Musk’s company aims to bring its direct-to-device…

In a 6–3 decision on Monday, the court held that a federal law prohibiting workplace discrimination based on “sex” — Title VII of the Civil Rights Act of 1964 — applied to cases involving LGBTQ workers. The other lead plaintiffs in the case, argued by the ACLU, did not live to see the ruling. Donald…