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U.S. job openings increased solidly in October while layoffs dropped by the most in 1-1/2 years, suggesting the labor market continued to slow in an orderly fashion. But the Job Openings and Labor Turnover Survey, or JOLTS report, from the Labor Department on Tuesday also showed employers hesitant to hire more workers. The historically low level of layoffs is anchoring the labor market and the broader economy through higher wages that are driving consumer spending.

Water and sewer infrastructure provider Core & Main exceeded third-quarter forecasts and raised its outlook as it benefited from acquisitions.

Intraquarter updates from a pair of less-than-truckload carriers pushed shares of the group lower on Tuesday. The post LTL stocks sag on Q4 updates appeared first on FreightWaves.

General Dynamics stock is trading near a historically bullish trendline

U.S. equities were little changed at midday Tuesday, a day after record-setting performances by the S&P 500 and Nasdaq.

Even as hurricanes disrupted the job market in October, some important aspects of the job market were getting better for workers as job openings increased and layoffs slowed down.

South Korea President Yoon Suk Yeol has declared martial law, the country's first such declaration since 1979.

(Bloomberg) -- Rolls-Royce Holdings Plc’s valuation reached £50 billion ($63 billion) for the first time as the stock extends a surge on the back of buoyant demand for long-haul jet engines.Most Read from BloombergAs Wars Rage, Cities Face a Dark New Era of Urban DestructionRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsThe London-based producer of engines like the Trent XWB, which powers some Airbus SE aircraft, closed up 3.2% on Tuesday, extending its year-to-date rally to 97%.

The number of job postings in the United States rebounded in October from a 3 1/2 year low in September, a sign that businesses are still seeking workers even though hiring has cooled. Openings rose 5% to 7.7 million from 7.4 million in September, the Labor Department said Tuesday.

Economic pressures, supply challenges, and rising EV adoption shape a slowly recovering market, according to Cox Automotive.