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The Fed cut interest rates by a quarter point, but it also reaffirmed its rate cut was meant to serve as insurance for the economy.Market Insiderread more
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Steve Bannon also says China's attempts to forge a two-tier deal to end the yearlong trade war with the U.S. is "wishful thinking."Politicsread more
Amazon.com said on Thursday it would hire more than 120,000 seasonal employees across its fulfillment centers, sortation centers and customer service sites in the United States in the upcoming holiday season.
More than 14,000 seasonal positions were transitioned to regular, full-time roles after the holidays last year, and the company expects to increase that number this year, Amazon said.
Rival U.S. retailers have taken a cautious view of the holiday selling season this year.
Macy's, which operates the namesake Macy's and Bloomingdale's department store chains, said in September, it would hire 83,000 temporary workers for the holiday quarter, a 2 percent decline from last year.