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Factory orders rise in July after two months of weakness

Orders for U.S. manufactured goods rose 5% in July, the Commerce Department said Wednesday.  The gain follows two straight monthly declines.

Job openings fall to lowest level since 2021. It’s getting harder to find work.

Job openings in the U.S. fell to the lowest level in three and a half years and returned to prepandemic levels in another sign the labor market has softened and that work is not as easy to find.

Fed’s Bostic: Economy is ‘losing momentum’ but there is no sense of looming crash or panic from business leaders

“Right now, I am not quite prepared to declare victory over inflation,” Bostic says.

Core & Main’s stock drops 13% as earnings and revenue fall short

Core & Main Inc.’s stock fell about 13% on Wednesday after the St. Louis-based water, wastewater and drainage-supply distributor’s earnings fell short of analyst estimates and warned that “significant weather disruptions” have impacted its business.

Nvidia’s stock is falling, but these two factors could reignite momentum

Investors need more confidence in the gross-margin trajectory once Blackwell volumes ramp up, and they’ll also be looking for more proof that AI is generating customer returns.

Lyft to cut some jobs as it restructures its bikes and scooters operation

Lyft disclosed Wednesday a restructuring of its bikes and scooters operation, which will lead to some job cuts and a charge of up to $46 million.

U.S. trade gap widens sharply in July to highest level in more than two years

Trade gap hits $78.8 billion as imports surge

The Medicare Trustees report contained no bad news. Now for the bad part.

expenditures are high and projected to rise because national healthcare costs are out of control

Dick’s Sports Goods’ stock up as profit and revenue beat analyst estimates

Retailer posts “very strong” results.

What sinking copper and oil prices say about the state of the economy

Commodities have declined in the third quarter, marked by hefty losses in oil and copper, as downbeat economic data from China and the U.S. fuel worries about a slowdown in demand.

Dollar Tree’s stock dives after a big earnings miss as customers spend less

Dollar Tree cited increasing pressure on its middle- and higher-income customers.

Who is killing the great game-changing tech start-ups of America?

Billions of dollars in losses crush innovation. Round up the usual venture capital suspects.
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