11 Feb, 2025
3 mins read

Jobs report shows a hiring slowdown as companies are acting like ‘they’re in a recession’

The US economy kicked off 2025 by adding 143,000 jobs in January, fewer than expected; but the unemployment rate dipped to 4%, according to data released Friday by the Bureau of Labor Statistics. Economists were projecting the unemployment rate would stay at 4.1% and 170,000 jobs would be added, according to FactSet estimates. While cold […]

1 min read

All Quiksilver, Billabong and Volcom stores will close in the US

Quiksilver, Billabong, and Volcom, once a magnet for Millennials looking for surfer and skateboard-inspired clothing, are permanently closing all of their stores. More than 100 locations across the United States are shutting down in the coming weeks after their operator, Liberated Brands, filed for bankruptcy, blaming fast-fashion rivals and other economic factors for its financial […]

1 min read

Stock futures are little changed as investors brace for big payrolls report: Live updates

Stock futures were slightly lower Thursday evening as January’s big jobs report loomed. Futures tied to the Dow Jones Industrial Average lost 3 points, or 0.01%. S&P 500 futures and Nasdaq 100 futures were both near the flatline. In extended trading, Amazon tumbled 4%. Guidance from the e-commerce giant disappointed investors, as Amazon called for […]

6 mins read

US employers added 143,000 jobs in solid but unspectacular January hiring, jobless rate fell to 4%

WASHINGTON (AP) — U.S. employers added just 143,000 jobs last month, but the unemployment rate fell to 4% to start 2025. The first monthly jobs report of Donald Trump’s second presidency points to a solid but unspectacular labor market. January job creation dipped from the 261,000 added in November, and 307,000 in December. Economists had […]

1 min read

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1 min read

Surgeons Transplant Engineered Pig Kidney Into Fourth Patient

Surgeons have successfully transplanted an engineered pig kidney into a fourth patient, marking a significant step forward in the field of xenotransplantation. The gene-edited pig kidney ‘functioned immediately’ in a 62-year-old dialysis patient, according to reports. This milestone is part of ongoing trials to explore the feasibility of using genetically modified pig organs for human […]