Private payrolls increased by just 128,000 in May, the slowest growth of the recovery, ADP says
Private sector employment rose by just 128,000 for the month, falling well short of the 299,000 Dow Jones estimate.
Consumers spend an average $133 more each month on subscriptions than they realize
Many subscription services allow for automatic payment of monthly fees by debit or credit card, making it likely many users may forget about the ongoing costs.
Stocks making the biggest moves premarket: Hormel, Ciena, GameStop and more
Names on the move ahead of the open.
UBS says Generac is a top pick with more than 80% upside
Generac’s clean energy business gives the company strong growth prospects, according to UBS.
Walmart bets its thousands of stores will give it an edge as it battles Amazon in e-commerce market
Walmart is increasingly relying on its vast network of stores to build out its e-commerce business.
5 things to know before the stock market opens Thursday
U.S. stock futures pointed to a higher open Thursday, as traders tried to regain their footing following a choppy trading session.
D.A. Davidson sees more downside for Rivian shares as EV maker tries to ramp up production
Rivian’s road to wider production will be bumpy, according to investment firm D.A. Davidson.
Piper Sandler downgrades Pinterest and Snap, says digital ad sector won’t bounce back soon
Pinterest and Snap fell sharply last month after a guidance cut from Snap, citing concerns about the health of the digital advertising market.
From EV batteries to coffee: Ideas about recycling and nature are changing how firms do business
Andrea Illy, chairman of coffee giant Illycaffe, says it’s time for a change.
WHO says Covid in North Korea is likely ‘getting worse, not better’
The WHO is working with neighbors like South Korea and China to try to get a better picture of the situation in North Korea.