Stocks making the biggest moves midday: DocuSign, Didi, Nvidia, Tesla and more

A logo of ride-hailing giant Didi Chuxing displayed on a building in Hangzhou in China’s eastern Zhejiang province. STR | AFP | Getty Images Check out the companies making headlines in midday trading. DocuSign — The software stock plunged 40% after the company issued fourth-quarter sales guidance that was lower than what analysts expected. DocuSign gave … Read more

Job growth disappoints in November, with a gain of just 210,000, despite high hopes

The U.S. economy created far fewer jobs than expected in November, before a new Covid threat created a scare that growth could slow into the winter, the Labor Department reported Friday. Nonfarm payrolls increased by just 210,000 for the month, though the unemployment rate fell sharply to 4.2%, even though the labor force participation rate … Read more

Private payrolls post better-than-expected growth of 534,000 in November, ADP says

Commuters travel on the L train system in the Loop on July 27, 2021 in Chicago, Illinois. Scott Olson | Getty Images Companies added jobs at a robust pace in November despite worries about rising inflation and the threat that the pandemic could slow growth into the winter months, according to a report Wednesday from … Read more

Watch Yellen and Powell testify live before Senate Covid panel

[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chairman Jerome Powell and Treasury Secretary Janet Yellen testify Tuesday before the Senate Banking Committee in required updates regarding Covid-19’s impact on the economy and the respective policy … Read more

Key inflation figure for the Fed up 4.1% year over year, the highest since January 1991

Inflation rose strongly in October, accelerating at its fastest pace since the early 1990s, according to a Commerce Department gauge that is closely followed by Federal Reserve policymakers. Prices for personal consumption expenditures excluding food and energy increased 4.1% from a year ago, with the so-called core reading last up that much in January 1991. … Read more

Stock futures are little changed after tech shares continue their sell-off

Traders work on the floor of the New York Stock Exchange (NYSE) on November 15, 2021 in New York City. Spencer Platt | Getty Images U.S. stock futures were little changed on Tuesday night after tech shares sold off for the second day in a row, pressured by rising rates that gave a boost to … Read more

Countries strike deal at COP26 climate summit after last-minute compromise on coal

COP26 President Alok Sharma (L) MP and Patricia Espinosa, Executive Secretary of the United Nations Framework Convention on Climate Change speak at the start of the stock taking Plenary on day thirteen of the COP26 at SECC on November 12, 2021 in Glasgow, Scotland. Ian Forsyth | Getty Images News | Getty Images Negotiators from … Read more

Stocks making the biggest moves midday: Tesla, Lordstown Motors, Warby Parker and more

The Lordstown Motors Corp. Endurance electric pickup truck is displayed during an unveiling event in Lordstown, Ohio, U.S., on Thursday, June 25, 2020. Matthew Hatcher | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Johnson & Johnson — Shares of the health care giant rose 1.7% after Johnson & Johnson … Read more

Consumer sentiment hits 10-year low while workers quit jobs in record numbers

A pedestrian walks by a now hiring sign at a Lamps Plus store on September 16, 2021 in San Francisco, California. Justin Sullivan | Getty Images Consumer confidence hit a 10-year low in November as inflation climbed to the highest levels since the early 1990s, according to a closely watched gauge. The University of Michigan … Read more

Consumer price index surges 6.2% in October, worse than expected and the highest since December 1990

Inflation across a broad swath of products that consumers buy every day was even worse than expected in October, hitting its highest point in more than 30 years, the Labor Department reported Wednesday. The consumer price index, which is a basket of products ranging from gasoline and health care to groceries and rents, rose 6.2% … Read more