The labor market is cooling, so now would be the time for companies to invest in existing employees. But employers aren’t doing that, research shows

Oil prices have dipped as concerns about US demand loom ahead of the Federal Reserve's upcoming interest-rate decision. This decline reflects market anxieties about potential economic slowdowns, which could impact fuel consumption. Investors are closely watching the Fed's moves, as any changes in interest rates could further influence oil prices and overall economic stability.

Garmin has teamed up with King's College London to advance maternal health research, a collaboration that highlights the importance of technology in improving health outcomes for mothers and their babies. This partnership aims to leverage Garmin's innovative health tracking technology to gather valuable data that can inform better healthcare practices. By focusing on maternal health, they are addressing a critical area that affects families and communities, making this initiative not just a business venture but a meaningful contribution to society.

Amazon has announced a significant investment of over $1 billion aimed at increasing employee pay and reducing healthcare costs. This move is crucial as it not only enhances the financial well-being of its workforce but also sets a positive precedent in the industry, encouraging other companies to prioritize employee welfare. By addressing these key issues, Amazon is likely to boost employee morale and retention, which can lead to improved productivity and overall company performance.

The latest EIA report reveals a surprising drop in crude oil inventories, suggesting a stronger demand in the market. This is significant as it indicates that consumers and industries are consuming more oil, which could lead to higher prices and a boost in the economy. Investors and analysts will be closely watching these trends, as they could impact energy markets and overall economic growth.

Bank of America is set to raise its minimum wage to $25 an hour next month, marking a significant milestone in the company's long-term commitment to employee compensation. CEO Brian Moynihan emphasizes that this increase not only attracts new talent but also encourages employees to build their careers within the firm. This move is important as it reflects a growing trend among companies to prioritize fair wages, which can lead to higher employee satisfaction and retention.

General Mills has maintained its annual outlook despite a noticeable softening in demand across North America. This decision reflects the company's confidence in its overall strategy and ability to navigate market fluctuations. Understanding how consumer preferences are shifting is crucial for stakeholders, as it may impact future sales and product development.

Schwab is set to expand its footprint by adding 16 new branches and hiring 400 staff, a move that highlights the company's growth strategy and commitment to enhancing customer service. This expansion not only reflects Schwab's confidence in the market but also aims to create more job opportunities, which is great news for the economy.

The IRS has made a controversial hiring change following significant layoffs, raising concerns about its future operations.

Editor’s Note: This matters because the IRS plays a crucial role in tax collection and public finance. Changes in its hiring practices could impact its efficiency and public trust.

BTIG Research has identified promising biotech companies that are expected to perform well in 2025. Their analysis highlights key players in the industry, suggesting a positive outlook for investors.

Editor’s Note: This matters because the biotech sector is crucial for healthcare advancements and investment opportunities. Identifying potential winners can guide investors and influence market trends.

A well-known British beauty retailer has announced the closure of 30 more stores, impacting 235 employees. This decision highlights ongoing challenges in the retail sector.

Editor’s Note: The closure of these stores is significant as it reflects the struggles many retailers face in adapting to changing consumer habits and economic pressures. The loss of jobs for 235 employees adds to the concerns about employment in the retail industry.

The price of matcha has seen a significant increase, with sales in the US rising by an impressive 86%. This surge in demand highlights the growing popularity of matcha, a powdered tea known for its health benefits and unique flavor. As more consumers seek out healthier beverage options, the matcha market is poised for continued growth, making it an exciting time for both producers and enthusiasts.

A recent Reuters poll indicates that the US housing market is expected to remain stagnant due to high interest rates limiting demand. This situation poses challenges for buyers and sellers alike.

Editor’s Note: Understanding the current state of the housing market is crucial for potential buyers and investors. With high interest rates continuing to suppress demand, many are left wondering how long this trend will last and what it means for future investments in real estate.

Honeywell and Caterpillar's CTOs have highlighted the potential of AI to tackle the pressing labor shortages and skills gaps in the manufacturing industry. This is significant because as companies face challenges in finding skilled workers, AI could provide innovative solutions to enhance productivity and efficiency, ultimately benefiting the economy.

The average credit score for U.S. consumers has dropped to 715, marking the fastest decline since the Great Recession. This decline is concerning as it may indicate rising financial instability among consumers, potentially affecting their ability to secure loans and credit in the future.

Puma's stock has seen a significant surge following reports that CVC and Authentic Brand are preparing a takeover bid. This news is important as it highlights the growing interest in Puma, potentially leading to new investments and strategic changes that could enhance the brand's market position.

Democratic lawmakers are urging former President Trump to reconsider his plan to eliminate vehicle emission limits, arguing that such a move could have detrimental effects on air quality and public health. This issue is significant as it highlights the ongoing debate over environmental regulations and the impact of policy decisions on climate change. The lawmakers emphasize the importance of maintaining strict emission standards to protect the environment and promote sustainable practices.

Carrier Global Corp. is navigating a complex landscape as it faces potential tariffs impacting its stock while also capitalizing on emerging growth trends in the HVAC industry. This SWOT analysis highlights the company's strengths and weaknesses, providing insights into how it can adapt to market challenges and opportunities. Understanding these dynamics is crucial for investors and stakeholders as they assess the company's future performance.

Alight's stock has reached a 52-week low, trading at just 3.41 USD. This decline is significant as it reflects investor concerns about the company's performance and market conditions. Such lows can impact investor confidence and may lead to further scrutiny of Alight's business strategies.