The latest News
The high stakes in Friday’s jobs report Bonds have been on an impressive monthlong rally fueled by investors’ hopes that the Fed will begin cutting interest rates next year. That bet may be tested as soon as Friday with the release of new payroll data that Wall Street expects will show the labor market cooling …
Spotify said on Monday that it would cut nearly a fifth of its work force, at least the third round of layoffs this year, as it has struggled to become consistently profitable after spending aggressively to expand beyond music streaming into areas such as podcasting. Spotify’s chief executive officer, Daniel Ek, wrote in a note …