Arturo Estrella has a message for recession naysayers: It could hit sooner than you think.Marketsread more
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Kudlow also confirmed to CNBC that he supported a tax cut proposal floated earlier Thursday by Sen. Rick Scott, R-Fla.Politicsread more
VMware is following through on its proposal to buy Pivotal, a fellow Dell subsidiary, and expanding into cybersecurity with the acquisition of Carbon Black.Technologyread more
Google says it shut down hundreds of YouTube channels tied to misinformation around the Hong Kong protests.Technologyread more
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Weisler has been CEO at the company since 2015 when it split from HPE.Technologyread more
Companies want to know our values and if they work with us, "they want to be aligned with those values," Salesforce co-CEO Keith Block says.Mad Money with Jim Cramerread more
After February's surprisingly strong jobs report, the Fed is now even more likely to send a strong signal at its March meeting that a rate hike is near, and more traders are now speculating on the first move in June.
But a number of economists say the central bank is still likely to hold off in June, and move to raise rates in September or even later because of the lack of wage growth and inflation.
Nonfarm payrolls for February totaled 295,000, more than 50,000 above economists' consensus, and the unemployment rate fell to 5.5 percent, from 5.7 percent. Average hourly wages crept up less than expected—at just 0.1 percent, after a surprise gain of 0.5 percent in January and a decline in December.
Treasury yields rose Friday and stocks sank as traders reacted to the strong labor report and its potential to pull the Fed off the sidelines. The 10-year yield, at 2.08 early in the day, rose to 2.23 percent. The two-year yield was at a 2015 high of 0.72 percent, from less than 0.60 early in the day.