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(Bloomberg) -- Rolls-Royce Holdings Plc’s valuation reached £50 billion ($63 billion) for the first time as the stock extends a surge on the back of buoyant demand for long-haul jet engines.Most Read from BloombergAs Wars Rage, Cities Face a Dark New Era of Urban DestructionRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsThe London-based producer of engines like the Trent XWB, which powers some Airbus SE aircraft, closed up 3.2% on Tuesday, extending its year-to-date rally to 97%.

The number of job postings in the United States rebounded in October from a 3 1/2 year low in September, a sign that businesses are still seeking workers even though hiring has cooled. Openings rose 5% to 7.7 million from 7.4 million in September, the Labor Department said Tuesday.

Economic pressures, supply challenges, and rising EV adoption shape a slowly recovering market, according to Cox Automotive.

(Bloomberg) -- The US leveraged-loan market had a record $64.3 billion of deal launches Monday, nearly doubling the prior high set just two weeks ago, as firms take advantage of a still-friendly environment to borrow. Most Read from BloombergAs Wars Rage, Cities Face a Dark New Era of Urban DestructionRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsMost of the 43 transactions brought were to reprice existing loans. Some of the biggest, topping $4 billion each, were from Dunkin’ Do

The once underperforming token is rallying on the heels of Trump's election victory.

Mike Wesley brings more than a decade of experience from his tenure at Yum! Brands.

Credo Technology Group Holding beat second-quarter profit and sales estimates as the boom in artificial intelligence boosted demand for its connectivity solutions for data centers.