Stocks higher...Job postings still exceed number of unemployed...Cake mix recall
NEW YORK (AP) — Stocks are higher as technology shares recover some of the big losses they took over the last month. Companies including CVS Health are rising after releasing strong third quarter reports. CVS added 4.3 percent and Booking Holdings, the parent company of Priceline.com, rose 4.6 percent.
WASHINGTON (AP) — The number of jobs posted by U.S. employers declined slightly in September but still exceeded the number of unemployed Americans and remained near a two-decade high. The report from the Labor Department is the latest evidence that U.S. companies are straining to fill jobs in the face of a robust job market with low unemployment.
MADRID (AP) — Russian Foreign Minister Sergei Lavrov says the decision of the United States to re-impose sanctions on Iran “is not legitimate” and that the rest of the parties in the 2015 nuclear deal abandoned by Washington are working to make economic cooperation with Tehran possible. Lavrov spoke in Madrid, where he is holding talks with his Spanish counterpart.
CHICAGO (AP) — Duncan Hines is recalling 2.4 million boxes of cake mix because of a link to salmonella. The recall affects Classic White, Classic Butter Golden, Signature Confetti and Classic Yellow varieties of cake mix, according to Conagra Brands, Duncan Hines’ parent company. The affected boxes have expiration dates between March 7-13, 2019.
LONDON (AP) — A leading travel research firm is predicting there will be 1.4 billion trips made in 2018, up 5 percent from last year. Euromonitor International says stronger than anticipated growth in many major economies will mean that receipts in the tourism industry will rise by an even stronger 11 percent.