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☆ Job gains expected again in March. Here are all the things to look for in Friday's report
▼ + stars: | 2024-04-04 | by ( Jeff Cox | ) www.cnbc.com time to read: +4 min

Job growth is expected to come in at 200,000 for the period, according to the Dow Jones consensus forecast. That will be just one of several key areas in focus when the report is released at 8:30 a.m. The job market's resilience has confounded many economists who spent the past two years searching for a jobs-led recession that never happened. Household employment, which counts individual workers rather than total jobs and is used to calculate the unemployment rate, has fallen by nearly 1 million since November. The survey is more volatile and uses a much smaller sample than the establishment count that yields the headline payrolls growth total.

Persons: Timothy Aeppel, nonfarm payrolls, Dow, Dan North, Goldman Sachs, Luke Tilley, Stocks Organizations: Labor Department, Allianz Trade, Wilmington Trust Locations: Oxnard , California, Wilmington

☆ I'm an American who ate breakfast, lunch, and dinner at McDonald's in Japan. All 3 meals blew away the chain's US offerings.
▼ + stars: | 2024-02-28 | by ( Nickelle Tilley | ) www.businessinsider.com time to read: +1 min

I'm an American who's eaten my way through McDonald's breakfast, lunch, and dinner menus in Japan. The global fast-food chain offers limited-time menu items exclusive to Japan. After visiting McDonald's stores in five countries, the ones in Japan stood out as my favorite. After eating McDonald's in five different countries, I ranked the ones in Japan in the top spot. So, I thought it would be fun to visit my local McDonald's for breakfast, lunch, and dinner and get menu items I've never tried before.

Persons: I'm Organizations: Mac Locations: American, Japan, North Carolina, Okinawa

☆ European stocks head for mixed open as markets look ahead to Fed decision
▼ + stars: | 2024-01-31 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +1 min

Wilmington Trust chief economist Luke Tilley said Tuesday that he isn't expecting any big changes in the Federal Reserve's posture tomorrow, but that the central bank could keep laying the groundwork for rate cuts later this year. And what they need to start pivoting towards is sort of confirming the expectation of rate cuts more and more," Tilley said. The Wilmington Trust team expects the first rate cut from the Fed to come on May 1. The Fed could also point to international developments like the conflict in the Middle East as a potential reason for caution on inflation, Tilley said. I don't think that that would cause them to not cut, but they will definitely cite some of those risks," he said.

Persons: Luke Tilley, Tilley, — Jesse Pound Organizations: Wilmington Trust, Fed Locations: Wilmington

☆ Apple to Remove Blood-Oxygen Sensor From Watch to Avoid U.S. Ban
▼ + stars: | 2024-01-16 | by ( Aaron Tilley | ) www.wsj.com time to read: 1 min

Apple was granted a reprieve after a U.S. court paused a federal agency’s import ban on most of the tech company’s watch models. The ban stemmed from a patent dispute with the medical device maker Masimo. Photo: Jeenah Moon/Bloomberg NewsApple is removing a blood-oxygen sensor from some of its smartwatches to get around a patent dispute related to the technology, a step likely to avoid further sales disruptions but one that may raise questions about the company’s push into health. The company halted sales of some watch models briefly last month after a U.S. import ban went into effect stemming from an October ruling by the U.S. International Trade Commission. The trade agency found Apple had violated the patents of medical-technology company Masimo related to the blood-oxygen tool.

Persons: Apple Organizations: Bloomberg, Apple, U.S . International Trade Commission

☆ Apple to Remove Blood Oxygen Sensor From Watch to Avoid U.S. Ban, Rival Says
▼ + stars: | 2024-01-15 | by ( Aaron Tilley | ) www.wsj.com time to read: 1 min

Persons: Apple Organizations: Bloomberg, Apple, U.S . International Trade Commission

[1/8] Waste from international clothing brands is stored before being used to fuel kilns at a brick factory on the outskirts of Phnom Penh, Cambodia November 17, 2023. It found pre-consumer garment waste including fabric, plastic, rubber, and other materials from the brands was being burned at seven factories. The factories were burning garment waste to save on fuel costs, it said. Brick factory workers reported regular migraines, nosebleeds, and other illnesses, the UK report said. LPP said it was unaware its textile waste was being burned in brick kilns, and has contacted its agents responsible for placing orders in Cambodia.

Persons: Lululemon, Co's, Betty, Tilley Endurables, Armour, Lidl, LICADHO, LPP, Tilley, Clare Baldwin, Helen Reid, Katherine Masters Organizations: Cambodian League, Promotion, of Human, REUTERS Acquire, Adidas, Walmart, The Cambodian League, of Human Rights, Reuters, UNDP, Royal Holloway, University of London, Navy, Lidl Stiftung, Reebok, Venus, World, Cambodian Ministry of Environment, Sarom Trading, Thomson Locations: Phnom Penh, Cambodia, Cambodian, Kandal

☆ The Fed is terrified Americans could get used to high inflation. It may already be happening.
▼ + stars: | 2023-11-12 | by ( Bryan Mena | ) edition.cnn.com time to read: +8 min

Fed officials don’t expect inflation to reach 2% until 2026, according to their latest economic projections released in September. If there’s one thing that would make the Fed quake in its boots, it would be worsening inflation expectations. The keyword there is “timely.”Sticky inflation could possibly “un-anchor” inflation expectations or elicit a consistent deterioration in Americans’ perception on inflation. “The Fed really just wants people to not expect inflation will run at 4% forever.”So what’s kept inflation expectations in check this long? For individuals and married people filing separately, the new federal standard deduction will increase to $14,600, up from $13,850 this year.

Persons: we’ve, Raphael Bostic, “, ” Luke Tilley, ”, Jerome Powell, presser, Powell, Michelle Bowman, Tilley, ” Drew Matus, what’s, Matus, “ They’re, Jeanne Sahadi, Lisa Cook, Phillip Jefferson, Michael Barr, Loretta Mester, Austan Goolsbee, John Williams, Christopher Waller, Mary Daly Organizations: DC CNN, Federal Reserve, Fed, University of Michigan’s, Atlanta Fed, Bloomberg, Investment Advisors, CNN, ”, New York Bankers Association, New York Fed, MetLife Investment Management, IRS, Tyson Foods, Depot, US Labor Department, National Federation of Independent Business, China’s National Bureau of Statistics, Target, National Statistics, US Commerce Department, Walmart, National Association of Home Builders, San Francisco Fed Locations: Washington, Wilmington, Palm Beach , Florida

☆ Stocks week ahead: Here’s how America’s economy could begin to weaken
▼ + stars: | 2023-11-05 | by ( Bryan Mena | ) edition.cnn.com time to read: +8 min

The job market or spending? The spending argument: But there have been instances in which spending weakened before the job market. “I think it starts with the perception of the labor market,” Drew Matus, chief market strategist at MetLife Investment Management, told CNN. The ticket-industry giant said it has sold a record 140 million tickets so far this year, up 17% year-over-year and has already surpassed the 121 million tickets sold in all of 2022. In the third quarter, Ticketmaster sales surged 57% to $833 million and 90 million fee-bearing tickets were sold in the period.

Persons: can’t, ” Shannon Seery, “ It’s, ” Seery, Luke Tilley, ” Tilley, Jerome Powell, ” Drew Matus, ”, Taylor Swift, Parija Kavilanz, Swifties, Taylor, Michael Rapino, Beyoncé, Harry Styles, Bunny, Jonas Brothers, Bruce Springsteen, Lisa Cook, Michael Barr, Jeffrey Schmid, Christopher Waller, John Williams, Lorie Logan, Ralph Lauren, Steve Madden, Phillip Jefferson, Raphael Bostic, Tom Barkin, Christine Lagarde Organizations: CNN Business, Bell, DC CNN, CNN, Employers, Investment Advisors, Companies, National Bureau of Economic Research, CNN Wednesday, Federal, MetLife Investment Management, Ticketmaster, Ryanair, Goodyear, Fed, Reserve Bank of Australia, Uber, Occidental Petroleum, KKR, The Carlyle Group, US Commerce Department, Biogen, Warner Bros, Teva Pharma, The New York Times Company, Armour, SeaWorld, MGM Resorts, China’s National Bureau of Statistics, Sony Group, Astrazeneca, Tapestry, News Corp, US Labor Department, Soho House, National Statistics, European Central Bank, University of Michigan Locations: Washington, Wells, Wilmington, Lyft, Brookfield, Soho

☆ Apple Sales Decline as China Market Weighs on Earnings Report
▼ + stars: | 2023-11-02 | by ( Aaron Tilley | ) www.wsj.com time to read: 1 min

China’s slowing economy could soon become a major talking point for U.S. companies as they begin to report third-quarter earnings. WSJ’s Dion Rabouin explains. Illustration: Elizabeth SmelovApple said sales fell for the fourth consecutive quarter, including a decline in China that came as the company faces a broad economic slowdown in the country and new competition from rival Huawei Technologies. The September quarter marks the fourth straight period in which Apple reported year-over-year declines in total revenue, the longest such slump in years. Apple sales were $89.5 billion, down less than 1% from the previous year and largely in line with analyst estimates, even as net income of about $23 billion exceeded expectations.

Persons: WSJ’s Dion Rabouin, Elizabeth Smelov Apple Organizations: Huawei Technologies, Apple Locations: China

☆ What to expect from today’s Fed meeting
▼ + stars: | 2023-11-01 | by ( Bryan Mena | ) edition.cnn.com time to read: +5 min

That would be the second consecutive meeting the Fed keeps rates unchanged. But that doesn’t mean the Fed is done hiking rates. Still, hawkish Fed officials — those who back a more aggressive approach to addressing inflation — believe there’s more room to raise rates. Domestic spending has continued at a strong pace and the labor market remains tight,” Fed Governor Michelle Bowman said last month in Morocco. The strong economy will likely slowDespite the Fed’s 11 rate hikes since March 2022, the US economy has displayed remarkable resilience.

Persons: Jerome Powell, “, ” Powell, Michelle Bowman, ” Luke Tilley, Powell, Banks, ”, Nela Richardson Organizations: DC CNN, Federal Reserve, hawkish Fed, ”, Labor Department, Wilmington Trust, CNN Locations: Washington, New York, Morocco, Wilmington, Israel

☆ Apple Faces Potential Watch Import Ban After Federal Trade Ruling
▼ + stars: | 2023-10-26 | by ( Aaron Tilley | ) www.wsj.com time to read: 1 min

Apple has included a pulse oximeter in most new models of the Apple Watch since 2020. Photo: Betty Laura Zapata/Bloomberg NewsA U.S. federal trade agency on Thursday found that Apple violated the patent of a rival tech company, a ruling that could lead to an import ban for certain models of the company’s smartwatch. The case revolves around medical-technology company Masimo , which alleged in a 2021 complaint to the U.S. International Trade Commission that Apple violated its patents related to measuring blood-oxygen levels. Apple has included a sensor, called a pulse oximeter, in most new models of the Apple Watch since 2020.

Persons: Betty Laura Zapata Organizations: Apple, Apple Watch, Bloomberg, U.S . International Trade Commission

☆ US third-quarter economic growth seen fastest in nearly 2 years
▼ + stars: | 2023-10-26 | by ( Lucia Mutikani | ) www.reuters.com time to read: +6 min

While the anticipated robust growth pace notched last quarter is probably not sustainable, it would demonstrate the economy's resilience despite aggressive interest rate hikes from the Federal Reserve. According to a Reuters survey of economists, GDP likely increased at a 4.3% annualized rate last quarter, which would be the fastest since the fourth quarter of 2021. Others are not too concerned, noting the labor market continues to churn out jobs at a solid clip. Growth last quarter was also seen lifted by a smaller trade deficit, thanks to strong exports and increased inventory investment. But the labor dispute, which is costing auto makers millions of dollars per week, could weigh on growth in the fourth quarter.

Persons: Andrew Kelly, Joe Biden's, Sal Guatieri, Luke Tilley, it's, Yelena Shulyatyeva, Brian Bethune, Lucia Mutikani, David Gregorio Our Organizations: REUTERS, Business, WASHINGTON, Federal Reserve, United Auto Workers, BMO Capital Markets, Consumer, Wilmington Trust, Labor, Labor Department, U.S, Treasury, Financial, Group's, BNP, Boston College, Thomson Locations: Brooklyn , New York City, U.S, Toronto, American, Wilmington, Philadelphia, New York

☆ Tim Cook Can’t Make iPhones Without This Chinese Company and Its CEO
▼ + stars: | 2023-10-23 | by ( Yang Jie | ) www.wsj.com time to read: +1 min

Apple wants to cut its ties with chip designer Qualcomm but despite years of work and billions of dollars, the company hasn’t been able to build a wireless chip in-house. WSJ reporter Aaron Tilley joins host Zoe Thomas to explain Apple’s spectacular failure in this effort. Many Apple customers may not be familiar with Luxshare Precision or its leader Grace Wang, but they likely own its handiwork. Along with other Apple contractors, Luxshare manufactures AirPods, the Apple Watch and the recently released iPhone 15, including the top-of-the-line iPhone Pro Max. Luxshare is also the assembler of Apple’s first mixed-reality headset, due to reach consumers next year.

Persons: hasn’t, Aaron Tilley, Zoe Thomas, David Paul Morris, Brent Lewin, Grace Wang, Luxshare Organizations: Apple, Qualcomm, Bloomberg, Apple Watch Locations: China

☆ Fed Chair Powell to deliver key speech Thursday. Here's what to expect
▼ + stars: | 2023-10-18 | by ( Jeff Cox | ) www.cnbc.com time to read: +2 min

U.S. Federal Reserve Chair Jerome Powell holds a press conference after the release of the Fed policy decision to leave interest rates unchanged, at the Federal Reserve in Washington, D.C., on Sept. 20, 2023. The top monetary policymaker will speak at noon ET to the Economic Club of New York at a critical time for the U.S. economy. Inflation numbers have been improving lately, but Treasury yields have been surging, sending conflicting messages about where monetary policy might be headed. Markets largely expect the Fed to stay on hold with rates, but they will be looking to Powell for confirmation and clarification on how officials view both current conditions and longer-term trends. "Really, their ultimate goal is to keep financial conditions tight so inflation comes down," he said.

Persons: Jerome Powell, Powell, Luke Tilley, Tilley Organizations: Federal, Federal Reserve, Washington , D.C, Economic, of New, Wilmington Trust Locations: Washington ,, of New York, U.S, Wilmington

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Persons: Dow Jones

Persons: Dow Jones

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/tech/personal-tech/apple-new-iphone-15-overheat-dbd5171a

Persons: Dow Jones

Persons: Dow Jones

☆ Inside Apple’s Spectacular Failure to Build a Key Part for Its New iPhones
▼ + stars: | 2023-09-21 | by ( Aaron Tilley | Yang Jie | ) www.wsj.com time to read: 1 min

Persons: Dow Jones

☆ Apple’s iPhone 15 Pro Max Pushes Up the Price
▼ + stars: | 2023-09-12 | by ( Aaron Tilley | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/tech/personal-tech/apple-iphone-15-pro-max-price-872a74ad

Persons: Dow Jones

☆ Apple Set to Unveil Latest iPhone: 5 Things to Watch
▼ + stars: | 2023-09-12 | by ( Aaron Tilley | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/tech/apple-event-2023-iphone-15-wonderlust-five-things-f59f92ce

Persons: Dow Jones

☆ Apple’s New Top iPhone Pushes Up Price
▼ + stars: | 2023-09-12 | by ( Aaron Tilley | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones

☆ Qualcomm Inks Deal With Apple to Supply iPhone Chips Through 2026
▼ + stars: | 2023-09-11 | by ( Asa Fitch | Aaron Tilley | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/tech/qualcomm-inks-deal-with-apple-to-supply-iphone-chips-through-2026-4d7890a4

Persons: Dow Jones Organizations: qualcomm

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Persons: Dow Jones

Aaron TilleyAaron Tilley is a reporter covering all things Apple in The Wall Street Journal’s San Francisco bureau. He previously served as the Microsoft and enterprise technology reporter at the Journal. Aaron joined the Journal from the technology news outlet the Information, where he wrote about Apple and the semiconductor industry. He started his journalism career at Forbes as an online producer before becoming a staff writer covering technology. He grew up in the Pacific Northwest and graduated from the University of Washington with a degree in International Studies.

Persons: Aaron Tilley Aaron Tilley, Aaron Organizations: San, Microsoft, Apple, Forbes, Pacific Northwest, University of Washington, Studies Locations: San Francisco, Pacific

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