However, the strong payroll report pushed the 10-year T-note yield to a 1-3/4 month high and reduced the chances of a -50 bp Fed rate cut at the November 6-7 FOMC meeting to 9% from 35% on Thursday.
Warner Music WMG0.71%increase; green up pointing triangle expects to lay off more employees than it originally forecast as part of a restructuring plan aimed at boosting its core recorded-music ...
In February, Warner Music said that it would cut 600 employees. The company is now laying off a total of 750 employees. The job cuts are set to impact teams such as its in-house ad sales business ...
The unemployment rate ticked lower to 4.2% ... 8% of the unit’s staff and will include the closing of PlayStation’s London ...
Incoming Atlantic CEO Elliot Grainge officially starts work on Oct. 1; Warner’s head of recorded ... with the recorded-music industry posting just 4% growth in the first half of 2024 after ...
CD rates typically track the federal-funds rate; Wednesday’s rate cut brings it to a range of 4.75% to 5%. Some regional credit unions are offering rates of 9%. They are special offers mainly to ...
Room rates are up by 7.4% in New York City over the past year, compared with a 2.1% increase nationally, according to CoStar. That’s good news for Warner, who scooped up the building in 1999 for ...
"If Friday's labor report shows weak payroll growth or a rise in the unemployment rate, markets may fully price in a 50-basis-point cut," said Brian Rose, senior U.S. economist at UBS Global ...
EverBank also offers a strong selection of CDs with an APY of up to 4.30%. Laurel Road is an FDIC-insured digital banking platform owned by KeyBank. Its High Yield Savings provides a competitive 4 ...
Economists widely expect the Bank to announce a quarter-percentage-point cut to 4.25 per cent, according to a Bloomberg survey, following cuts of the same size in June and July. Ana Pereira is ...
The Fed said the cut lowers the federal funds rate into a range of 4.75% to 5%, down from its prior ... labor market's back," said Sonu Varghese, global macro strategist at Carson Group, in ...
