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Hiring in the U.S. slowed in June, raising hopes for interest rate cuts
The U.S. jobs market cooled in June but remains solid, raising the odds that the Federal Reserve will be able to curtail inflation without pushing the economy into a downward spiral. Nonfarm payrolls
Italian fashion influencer Ferragni will donate $1.3 million in a deal to close an antitrust probe
Italian fashion influencer Chiara Ferragni will donate at least 1.2 million euros ($1.3 million) under a deal with Italian antitrust authorities investigating misleading communications that led
How to Get a Mortgage Rate Below 4 Percent
While the housing market odds are still generally stacked against buyers, you could save more money with a sub 4 percent mortgage rate.
U.S. economy adds 206,000 jobs, April, May revised down
U.S. employers continued to hire workers at a solid pace according to the June jobs report even as readings from April and May were revised lower, a sign that could please the Federal Reserve.
Starmer Vows Stability and Moderation in Reset for UK Politics
New UK Prime Minister Keir Starmer vowed to lead a government of “stability and moderation” and pledged to “reset” British politics after his Labour Party scored a landslide election victory.
US Job Growth Slowed in June as Unemployment Rate Rose to 4.1%
The unemployment rate surprisingly moved up to 4.1% from 4.0% in May. April job numbers were lowered by 57,000, while the May figure was adjusted downward by 54,000 positions. Friday's data is
June jobs report expected to show a steadily cooling labor market
That’s roughly the picture economists expect the latest government data to paint — again — of the American labor market.
Markets Like U.K. Election Result. Starmer’s Labour Landslide Rivals Tony Blair’s.
Former Prime Minister Liz Truss, who crashed the economy, lost her seat and Nigel Farage, a friend of Donald Trump, will join U.K. Parliament for the first time.
Macy's Stock Soars on Reported Increased Takeover Offer
Key Takeaways Activist investor Arkhouse Management and its partner, Brigade Capital Management, are said to have once again raised their offer to buy Macy's.The Wall Street Journal reported the new
Veteran fund manager offers striking assessment of bitcoin
TheStreet Pro's Stephen Guilfoyle described bitcoin's fall as "a liquidation event." "The selloff appears to be for some reason and not because bitcoin and crypto enthusiasts have
Wall Street’s biggest bear—once dubbed ‘Gandalf’ for his market foresight—is out of a job after predicting a U.S. recession that never happened
JPMorgan's Marko Kolanovic made a name for himself as a contrarian during the pandemic, but too many wrong footed calls finally caught up to him.
Investors look to upcoming earnings to keep stock rally going
With interest rate cuts on the backburner, Wall Street is looking to corporate earnings to continue powering the 2024 monster stock rally.
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