Here’s where the jobs are for November 2023 — in one chart

cnbc قبل 8 ساعة و 26 دقيقة

health care and government hiring led the way in november

U.S. payrolls rose 199,000 in November, unemployment rate falls to 3.7%

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nonfarm payrolls were expected to increase by 190 000 in november according to the dow jones consensus estimate

AMD stock spikes after company launches AI chip to rival Nvidia

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for the past year ai chips have been dominated by nvidia and cloud providers and technology companies have been searching for an alternative

Google shares pop 5% after company announces Gemini AI model

cnbc 2023-12-7

google shares jumped thursday after the company announced its latest artificial intelligence model called gemini

Biden administration asserts power to seize drug patents in move to slash high prices

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the biden administration unveiled a new framework outlining the factors federal agencies should consider in determining whether to use march in rights

Walmart CEO says consumers may not be as resilient next year, even as deflation starts to show

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in a cnbc interview walmart ceo doug mcmillon said the discounter is gearing up for a year when it faces tougher comparisons because of falling prices

Private payrolls increased by 103,000 in November, below expectations, ADP says

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private sector job creation slowed further in november and wages showed their smallest growth in more than two years adp reported

The signs are pointing to a bumper travel year in 2024

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airlines expect record traveler numbers and revenues in 2024 but will continue to be constrained by the high cost of capital and limited capacity iata said

Job openings slide to 8.7 million in October, well below estimate, to lowest level since March 2021

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employment openings totaled 8 73 million for the month a decline of 617 000 or 6 6 the labor department reported tuesday

Wells Fargo CEO warns of severance costs of nearly $1 billion in fourth quarter as layoffs loom

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wells fargo ceo charlie scharf said low staff turnover means the company would likely book a large severance expense in the fourth quarter

Nokia plunges to three-year low after losing major AT&T deal to rival Ericsson

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at t spend could near 14 billion over its five year contract with ericsson as they deploy an open radio access network in the u s the companies said

Rockstar Games publishes Grand Theft Auto trailer early after it was leaked on X

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the next game in the popular grand theft auto video game will appear in 2025 more than a decade after grand theft auto v

Alaska-Hawaiian merger faces a Justice Department that has been skeptical of airline deals

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the justice department has challenged a host of deals including two airline partnerships in recent years

Swiss bank Banque Pictet admits hiding $5.6 billion of Americans’ money from IRS

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banque pictet agreed to pay about 122 9 million as part of an agreement with u s prosecutors

Spotify to lay off 17% of employees — read the full memo CEO Daniel Ek sent to staff

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music streaming service spotify is laying off 17 of its workforce ceo daniel ek said monday

Crypto execs says the bull run is underway and could lead to $100,000 bitcoin in 2024

cnbc 2023-12-4

excitement around a bitcoin etf being approved in the u s next year as well as the bitcoin halving is fueling a rally in cryptocurrencies

Alaska Airlines agrees to buy Hawaiian Airlines in $1.9 billion deal

cnbc 2023-12-4

alaska airlines and hawaiian airlines will operate from seattle led by alaska airlines ceo ben minicucci

Exxon Mobil CEO urges COP28 to focus on reducing emissions — not phasing out fossil fuels

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exxon mobil ceo darren woods on saturday said the problem statement that countries need to focus on at the cop28 climate summit is reducing emissions

Uber shares pop on inclusion in S&P 500

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uber is joining the s p 500 after the ride hailing company generated almost 1 billion in profit in the past four quarters

Pfizer to discontinue twice-daily weight loss pill due to high rates of adverse side effects

cnbc 2023-12-1

pfizer said it still plans to release phase two trial data on a once a day version of its weight loss drug known as danuglipron in the first half of 2024

Elon Musk hypes Tesla Cybertruck at deliveries event in Austin

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tesla previously aimed to sell its base model cybertruck for about 40 000 but on thursday revealed the base model will cost around 61 000

Ford reinstates 2023 guidance, says UAW deal to cost $8.8 billion over life of the contract

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ford expects 10 billion to 10 5 billion in adjusted earnings before interest and taxes and adjusted free cash flow of between 5 billion and 5 5 billion

U.S. GDP grew at a 5.2% rate in the third quarter, even stronger than first indicated

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the acceleration topped the initial 4 9 reading and was better than the 5 dow jones forecast

GM initiates $10 billion buyback, boosts dividend and reinstates 2023 guidance after UAW strikes

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gm pulled its guidance when it reported its third quarter earnings on oct 24 citing volatility caused by the uaw negotiations and labor strikes

Disney CEO Bob Iger tells employees he wants to start building again during town hall

cnbc 2023-11-29

disney ceo bob iger told employees he looks forward to building again after cuts and fixes defined 2023

Home prices kept rising even as mortgage rates surged, S&P Case-Shiller says

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home prices were 3 9 higher in september compared with the same month a year earlier according to the s p corelogic case shiller index

Amazon announces new AI chip as it deepens Nvidia relationship

cnbc 2023-11-28

aws will host a computing cluster for nvidia to use simultaneously aws announced a new chip for training ai models an nvidia gpu alternative

Shein files for U.S. IPO, as fast-fashion giant looks to resolve forced labor, climate concerns

cnbc 2023-11-28

shein has confidentially filed to go public and could start trading on the public markets as soon as next year people familiar with the matter said

‘Stop the price-gouging’: Biden hits corporations over high consumer costs

cnbc 2023-11-28

big business and junk fees prove easy targets for the white house in the inflation blame game

E-commerce stocks rally after Black Friday shoppers spend record online

cnbc 2023-11-28

shares of e commerce stocks like shopify etsy and wayfair all surged monday on strong black friday online sales and rosy projections for cyber monday

These regional banks are at greatest risk of being taken over by rivals, according to KBW

cnbc 2023-11-27

regional banks are weighed down by concerns over the impact of new rules and the risk of a recession on loan losses particularly in commercial real estate

Coinbase CEO says crypto industry can turn the page after historic Binance settlement

cnbc 2023-11-27

the crypto industry can close the chapter on a litany of scandals after binance was hit with a historic settlement coinbase ceo brian armstrong told cnbc

Israel confirms 17 hostages released, including four-year-old American girl

cnbc 2023-11-27

sunday marks the third day of the four day military pause during which 50 hostages are due to be released by hamas

Black Friday shoppers spent a record $9.8 billion in U.S. online sales, up 7.5% from last year

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black friday kept the momentum going from the day before on thanksgiving when online sales totaled 5 6 billion

With Black Friday deals and flashy displays, retailers try to convince reluctant shoppers to spend

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retailers have turned to more and earlier black friday deals and flashy events to drive sales as consumers are reluctant to spend

Nvidia shares fall as it reportedly delays China AI chip designed to comply with U.S. export rules

cnbc 2023-11-24

reuters citing two sources familiar with the matter reported that nvidia told chinese customers that it is delaying the launch of an ai chip that is designed to comply with u s export rules until...

How airlines are shaving minutes off flight times to save millions

cnbc 2023-11-23

airlines are introducing new technology and strategies to turn planes around faster as they look for ways to save on costs

Bad news for Black Friday: Retailers cast doubt on holiday shopping with cautious guidance

cnbc 2023-11-23

retailers have been cautious headed into the holidays spelling trouble for the crucial shopping season and raising questions about the health of the economy

OpenAI brings Sam Altman back as CEO less than a week after he was fired by board

cnbc 2023-11-22

less than a week after he was fired as ceo by the openai board sam altman is back running the artificial intelligence startup

Changpeng Zhao speaks out after pleading guilty to criminal charges, names Richard Teng as new Binance CEO

cnbc 2023-11-22

after stepping down and pleading guilty to federal money laundering charges former binance ceo changpeng zhao has named a successor

Fed gave no indication of possible rate cuts at last meeting, minutes show

cnbc 2023-11-21

the federal reserve on tuesday released minutes from its oct 31 nov 1 policy meeting

Ford to scale back plans for $3.5 billion Michigan battery plant as EV demand disappoints, labor costs rise

cnbc 2023-11-21

ford is scaling back production capacity and expected employment at the battery plant in michigan

Microsoft CEO Nadella says OpenAI governance needs to change no matter where Altman ends up

cnbc 2023-11-21

microsoft ceo satya nadella told cnbc on monday that the company remains committed to openai and sam altman after three days of drama

OpenAI is hiring former Twitch CEO Emmett Shear to run company two days after ousting Sam Altman

cnbc 2023-11-20

following the sudden ouster of sam altman as ceo on friday and a chaotic two days that ensued openai hired former twitch ceo emmett shear to run the company

OpenAI shakeup has rocked Silicon Valley, leaving some techies concerned about future of AI

cnbc 2023-11-19

the sudden ousting of sam altman as ceo of openai has rocked silicon valley and the tech industry

OpenAI investors pushing to bring Altman back as CEO one day after he was ousted by board

cnbc 2023-11-19

some openai investors are joining together to try to get sam altman to return as ceo after the board fired him on friday

Ray Dalio says U.S. reaching an inflection point where the debt problem quickly gets even worse

cnbc 2023-11-17

soaring u s government debt is reaching a point where it will begin creating larger problems the hedge fund titan said friday

Amazon says employees may not get promoted if they ignore return-to-office mandate

cnbc 2023-11-17

several months after requiring that staffers work out of physical offices at least three days a week amazon is making sure the rule is being followed

Alibaba sheds $20 billion in market value after scrapping plans to list its cloud business

cnbc 2023-11-17

alibaba lost more than 21 billion in market cap off the back of its ill fated cloud spinoff plans according to cnbc calculations of data from factset

Amazon will allow auto dealers to sell cars on its site, starting with Hyundai

cnbc 2023-11-17

the company has slowly entered the car buying business over the years by launching a digital showroom for shoppers to research and compare vehicles