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: Nissan says it’s not in talks to make Apple’s autonomous car: report

Nissan Motor Co. on Sunday said it was not in talks with Apple Inc. to develop an autonomous electric car, Reuters reported. Earlier, the Financial Times reported Apple had initiated brief, low-level talks that ended over the Japanese auto maker’s reluctance to manufacture Apple-branded cars. “We are not in talks …

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: U.S. labor market displays ‘faint heartbeat’ — economists react to January jobs report

The U.S. added 49,000 jobs in January and downward revisions to the prior two months subtracted an additional 159,000 from payrolls. Economists polled by The Wall Street Journal had expected a 55,000 gain. See: U.S. just gains 49,000 in January with labor market still under acute stress Below are some …

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Economic Report: U.S. factory orders rise for eighth straight month in December

The U.S. factory sector is showing solid momentum going into 2021, with orders rising for eighth straight months. Orders for manufactured goods rose 1.1% in December after a 1.3% gain in the prior month, the Commerce Department said Thursday. Economists surveyed by the Wall Street Journal were expecting a 0.7% …

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Economic Report: Service side of U.S. economy speeds up in January, ISM finds, signals faster growth

The numbers: The huge service side of the U.S. economy grew faster in January and companies added more workers, signaling better times ahead as the record surge in coronavirus cases receded. A survey of top business leaders at non-manufacturing companies such as restaurants, hospitals and banks rose to 58.7% from …

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Economic Report: New home sales rise slightly, even as buyers see more affordability contraints

The numbers: Sales of newly built homes occurred at a seasonally-adjusted annual rate of 842,000 in December, the Census Bureau reported Thursday. That was 1.6% above the downwardly-revised pace of 829,000 in November. Analysts polled by MarketWatch had projected new-home sales to occur at a seasonally-adjusted annual rate of 875,000. Compared to …

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Economic Report: Consumer confidence rebounds on vaccine hopes and improving economy

The numbers: Consumer confidence bounced back a bit in January as Americans looked past the high number of coronavirus cases and deaths toward greater availability of vaccines and an improving economy. The index of consumer confidence rose to 89.3 this month from a revised 87.1 in December, the Conference Board said …

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Earnings Watch: Apple, Tesla and Facebook ready to report record sales in busiest week of earnings

U.S. companies have barely managed to eke out positive earnings growth so far in this quarterly results season, but the big test arrives in the week ahead. Nearly a quarter of the S&P 500 SPX, -0.30% is set to report results, with those companies representing 39% of the index by …

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Capitol Report: Yellen’s nomination to be U.S. Treasury secretary advances on unanimous committee vote

The Senate Finance Committee voted unanimously Friday to approve Janet Yellen’s nomination to be U.S. Treasury secretary. If confirmed by by the full Senate, Yellen would be the first female Treasury Secretary. Sen. Ron Wyden, Democrat of Oregon, said he hoped the full Senate would be able to vote on …

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Capitol Report: Companies donate to Biden’s inauguration: It’s ‘a way to try to ingratiate yourself with an incoming president,’ expert says

As President-elect Joe Biden prepares to take office on Wednesday, prominent U.S. companies are making donations to support his inaugural events, even as the proceedings will be largely online and scaled back. Alphabet’s Google GOOG, -0.23% GOOGL, -0.19%, Boeing BA, -2.66%, Charter Communications CHTR, +0.93%, Comcast CMCSA, -1.80%, Microsoft MSFT, …

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