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The Latest Breaking News from ADP

Paris 'Flying Taxi' Flights Scrapped During Olympics

Plans to lift an electric-powered "flying taxi" over Paris during the Olympics have been scrapped because certification for its engine has not come through, its promoters said on Thursday.

International Business Times

Stocks Finish Higher on Chip Stock Strength and Dovish Powell

The S&P 500 Index ($SPX ) (SPY ) Wednesday closed up +1.58%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.24%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +3.01%. US stocks rallied Wednesday, with the S&P 500 and Nasdaq 100 posting 1-week highs...

Barchart

Stock Market Today: Nasdaq Jumps 451 Points After AMD Earnings, Fed Meeting

The main indexes notched impressive gains Wednesday on solid earnings and signs the Fed could start cutting rates as soon as September.

Kiplinger

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Fed Puts September Rate Cut Firmly On The Table As S&P 500 Rallies

Federal Reserve Chair Jerome Powell validated hopes of a September rate cut, aiding an S&P 500 rally, but the pace of rate cuts may disappoint.

Investors Business Daily

Stock Index Futures Climb as Focus Shifts to Fed, U.S. ADP Jobs Report and Meta Earnings on Tap

September S&P 500 E-Mini futures (ESU24) are up +0.98%, and September Nasdaq 100 E-Mini futures (NQU24) are up +1.57% this morning as expectations mounted that Fed Chair Jerome Powell might signal a potential rate cut for September, while investors also awaited a fresh batch of U.S. economic data and an…

Barchart

Fantasy Football Training Camp Battles: Quarterbacks

It’s officially summertime, which means NFL training camps are in full swing and important depth chart battles have begun. With the fantasy football draft seaso

Sports Illustrated

Dance off: Performers threaten to pull out of Paris Olympics opening ceremony

Key sections of the opening ceremony for the Paris 2024 Olympic Games were in jeopardy on Friday after a performing artists union announced a boycott of the extravaganza along the river Seine on 26 July unless organisers cleared up discrepancies in contract deals.

Radio France Internationale

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Paris airport staff call off strike 10 days before Olympics

Paris airport workers have called off a strike that would have disrupted travel just ahead of the Olympic Games after reaching a deal on bonuses.

Radio France Internationale

Paris airports labour dispute threatens Olympics arrivals

A dispute between aviation workers and management at the French capital's airports threatens to overshadow years of preparations for visitors and athletes arriving for the Paris Olympics this month.

Radio France Internationale

Automatic Data Processing's Q4 2024 Earnings: What to Expect

Automatic Data Processing is poised to release its fourth-quarter results this month, and analysts are projecting a single-digit earnings growth.

Barchart

S&P 500 and Nasdaq 100 Post Record Highs on Fed Rate Cut Hopes

The S&P 500 Index ($SPX ) (SPY ) Wednesday closed up +0.51%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.06%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.87%. Stock indexes Wednesday settled mixed in the holiday-shortened session, with the S&P 500 and...

Barchart

Dollar Slides as Weak US Economic News Bolsters Rate Cut Hopes

The dollar index (DXY00 ) Wednesday fell by -0.33% and posted a 3-week low. The dollar came under pressure Wednesday on weaker-than-expected US labor market news that showed a smaller-than-expected increase in the Jun ADP employment and a jump in weekly continuing unemployment claims to a 2-1/2 year high, a...

Barchart

Stocks Climb as Nasdaq 100 Posts a New Record High on Falling Bond Yields

The S&P 500 Index ($SPX ) (SPY ) today is up +0.11%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.18%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.09%. Stock indexes today are moderately higher in this holiday-shortened session, with the Nasdaq 100...

Barchart

US Private Hiring Eases Unexpectedly In June: ADP

Private sector employment cooled unexpectedly in June, payroll firm ADP said Wednesday, with job creation slowing for a third month.

International Business Times

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Investors Business Daily

Soft ISM Services, Rising Jobless Claims Make Case For Fed Rate Cut; S&P 500 Rises

Initial jobless claims continued rising, while services businesses tapped the brakes in June, boosting the case for a Federal Reserve rate cut in September.

Investors Business Daily

Dow Jones Falls After Surprise Jobs Data, Fed Minutes Next; Tesla Stock Extends Gains

On the stock market today, the Dow Jones fell Wednesday on surprise jobs data, with Fed minutes next. Tesla extended its recent gains.

StockNews.com

4 Dividend Aristocrats to Buy for Reliable Income

Dividend aristocrats offer a reliable source of income, stability, and growth potential, making them an attractive option for income-seeking investors. Amid this backdrop, investors could consider buying fundamentally strong dividend aristocrats Automatic Data Processing (ADP), Target Corp (TGT), Kimberly-Clark Corp (KMB), and Genuine Parts Company (GPC) for reliable income. Read…

Fortune

Millennials and Gen Z are least likely to care about being happy in their job

A survey of 35,000 workers found more one in four 24-34-year-olds cared about their day-to-day happiness, compared with more than half of baby boomers.

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Barchart

How Is Automatic Data Processing's Stock Performance Compared to Other Staffing & Employment Services Stocks?

Automatic Data Processing has underperformed the broader market, and Wall Street analysts are cautious about the stock’s outlook.

The Independent UK

Is the US job market beginning to weaken? Friday's employment report may provide hints

Tentative signs have begun to emerge that the U.S. economy is cooling in a way that would be welcomed by the Federal Reserve’s inflation fighters: Companies are posting fewer available jobs, consumer spending has slipped and wage growth, while still healthy, is gradually slowing

Kiplinger

Stock Market Today: Stocks Post Gains on Rising Rate-Cut Hopes

More signs of a cooling labor market boosted bets for a September rate reduction from the Fed.

Investors Business Daily

Nasdaq, S&P 500 Hit New Highs As Nvidia, Apple Reach $3 Trillion Mark

Volume was running 11% higher vs. the same time Tuesday on the Nasdaq.

International Business Times

Private Sector Hiring In US Cools More Than Expected: ADP

Job gains in the US private sector slowed again in May on a slump in manufacturing, payroll firm ADP said Wednesday, in a further sign the world's largest economy could be cooling.

Investors Business Daily

ISM Services Index Jumps But S&P 500 Rises On Fed Rate-Cut Outlook

The ISM services index jumped, easing growth worries. The S&P 500 rose on supportive news for the Federal Reserve rate-cut outlook.

Investors Business Daily

Dow Jones Reverses Lower After Jobs Report Miss; Nvidia Hits More Record Highs

Stock Market Today: The Dow Jones reversed lower Wednesday on a weaker-than-expected ADP jobs report. Nvidia stock hit more record highs.

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