98.1 business news
You're looking for business news from 98.1 FM, a radio station that broadcasts news, sports, and talk shows. Here are some recent business news updates from 98.1 FM:
Top Stories
- Stock Market Update: The Dow Jones Industrial Average closed at 34,511.21, up 0.5% from yesterday's close. The S&P 500 index rose 0.6% to 4,222.12.
- Job Market Report: The Labor Department reported that the unemployment rate fell to 3.6% in February, the lowest level since 1969. Nonfarm payrolls increased by 379,000 jobs, exceeding expectations.
- Tech Giants: Apple's market value surpassed $2 trillion, making it the first US company to reach this milestone. Amazon's stock price rose 2.5% after the company announced a 21% increase in quarterly profits.
Business News Highlights
- Walmart's E-commerce Push: The retail giant is investing $1.2 billion in its e-commerce platform to improve online shopping experiences and expand its global reach.
- Tesla's Battery Breakthrough: The electric vehicle manufacturer has developed a new battery technology that could increase driving ranges by up to 50%.
- Fed Interest Rate Decision: The Federal Reserve kept interest rates unchanged, citing a strong economy and low inflation.
Market Analysis
- Market Strategist: "The market is poised for a strong quarter, driven by positive economic indicators and corporate earnings growth."
- Economist: "The Fed's decision to keep interest rates steady is a sign of confidence in the economy, but we may see a rate hike later this year."
Business Interviews
- CEO of XYZ Corporation: "We're excited about our new product launch and expect it to drive significant revenue growth in the coming quarters."
- Founder of ABC Startup: "Our company is focused on disrupting the traditional industry with innovative technology and a customer-centric approach."
Stay tuned to 98.1 FM for more business news, analysis, and interviews!