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Foot Locker debuts 'store of the future' as it looks to win back Wall Street's confidence
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US job market shows signs of cooling, with just 175,000 jobs added in April
The latest snapshot on US employment was a shocker: The economy added 175,000 jobs, far below expectations for 235,000 and a reversal of the trend for robust monthly gains.CNN - Top stories -
Talent war between family offices and Wall Street drives up salaries
Wealthy families are spending an average of $3 million to run their family offices, according to a J.P. Morgan Private report, and the biggest cost is staffing.CNBC - Business -
Stock Market Rises After Jobs Report Revives Investors’ Hopes for a Rate Cut
A cooler-than-expected jobs report for April shifted the tone on Wall Street, rekindling investors’ expectations that the Federal Reserve may cut rates soon.The New York Times - Business -
Top Wall Street analysts suggest these dividend stocks for income investors
TipRanks' analyst ranking service highlights Wall Street's best-performing stocks, including Coca-Cola and Energy TransferCNBC - Business -
Padres win third straight with 7-1 victory over D-backs, look forward to potential Arráez addition
Fernando Tatis Jr. and Jake Cronenworth hit back-to-back homers, Dylan Cease pitched 6 2/3 strong innings and the San Diego Padres won their third game in a row by beating the Arizona Diamondbacks 7-1 on Friday nightABC News - Sports - MLB -
U.S. stocks rally on ‘Goldilocks’ jobs report as Wall Street’s fear gauge slides
U.S. stocks have swung to an upbeat start in May, with Wall Street’s “fear gauge” easing to its lowest level since the end of March as investor anxieties tied to inflation appeared to subside.MarketWatch - Business -
How Goldman grew up: 25 years since Wall Street’s elite firm went public
Lloyd Blankfein, Hank Paulson, David Solomon and others on what has changed since its seminal listing in 1999Financial Times - Business -
Labour’s Richard Parker defeats Andy Street in tight West Midlands mayoral race after Sadiq Khan wins third term in London – live
Labour has secured mayoral victories in London, Greater Manchester, Salford, West Yorkshire, South Yorkshire and Liverpool today. Local elections 2024: full council results for EnglandRishi Sunak is braced for the result of key mayoral elections ...The Guardian - World -
This Fifth-Generation Department Store Is Winning the Luxury Game
Hirshleifers, on the North Shore of Long Island, is globally influential, with an A-list clientele and annual sales hovering in the $100 million range. Yet it remains determinedly scrappy and family-run.The Wall Street Journal - World -
Clark's home debut moved up due to Pacers win
Caitlin Clark will make her preseason home debut one day earlier than initially scheduled because the Pacers moved on to the Eastern Conference semifinals.ESPN - Sports
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From 25 years in prison to just four months: Inside the final verdict on a crypto billionaire CEO archrivalry
The criminal judgment of bitcoin billionaires Changpeng Zhao and Sam Bankman-Fried was completed this week, the final chapter in starkly different crypto sagas.CNBC - Business -
Trump's porn star hush-money trial enters week four: Here’s what’s happened so far
Trump's historic criminal trial enters week four.CNBC - Business - Donald Trump -
AI could drive a natural gas boom as power companies face surging electricity demand
Natural gas producers are bullish on demand as they see significant upside from the immense energy needs of artificial intelligence and data centers.CNBC - Business -
Your vacation was ruined, and the company apologized — with a heartfelt note written by ChatGPT
Using generative AI to write apologetic responses is a taboo topic in the travel industry, which prides itself on personal service.CNBC - Business -
Buffett says Berkshire sold its entire Paramount stake: 'We lost quite a bit of money'
"I was 100% responsible for the Paramount decision," Buffett said. "It was 100% my decision, and we've sold it all and we lost quite a bit of money."CNBC - Business