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Recruitment firm says North America, Northern Europe conditions softer than expected
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S&P 500 jumps the most in 3 months on softer-than-expected jobs data
Financial Times - Business -
Weaker-Than-Expected Payrolls Push Down Dollar
The dollar fell in a week when the Fed was perceived as not too hawkish—after Chair Powell kept a rate hike off the table— and payrolls surprised to the downside, for a change.The Wall Street Journal - World -
Treasury Yields Fall on Weaker-Than-Expected Payrolls
Treasury yields fell, push down by weaker-than-expected payrolls.The Wall Street Journal - World -
A bus plunges into a rocky ravine in northern Pakistan, killing 15 people and injuring more than 20
A bus has plunged into a rocky ravine in northern Pakistan after its driver lost control, killing at least 15 people and seriously injuring more than 20 othersABC News - World -
A bus plunges into a rocky ravine in northern Pakistan, killing 20 people and injuring 30 others
Yahoo News - World -
A NATO country says it could join Ukraine's war with Russia if 2 conditions are met
Yahoo News - World - Ukraine -
‘Full-blown famine’ in northern Gaza, says World Food Programme executive director Cindy McCain
Cindy McCain, executive director of the World Food Programme, tells Kristen Welker there is a “full-blown famine” in northern Gaza, based on her organization’s observations.NBC News - Politics -
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 -
U.S. job growth totaled 175,000 in April, much less than expected, while unemployment rose to 3.9%
Markets had expected job growth of 240,000 and the unemployment rate to hold at 3.8%.CNBC - Business -
Treasury yields see biggest weekly drops in months as tepid April jobs report raises rate-cut hopes
Treasury yields finished at their lowest levels in three weeks on Friday after April’s official jobs report brought the potential for a Federal Reserve interest-rate cut back to the minds of some traders.MarketWatch - Business
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Whirlpool says it’s planning additional layoffs under restructuring plan
Whirlpool Corp. said Friday that it plans additional layoffs to the 1,000 it announced as part of a global restructuring plan in late April.MarketWatch - Business -
Boeing’s Starliner set for historic launch that will take two NASA astronauts into space
Boeing Co.’s Starliner spacecraft is set to make its first crewed flight to the International Space Station on Monday, carrying two NASA astronauts to the orbiting space lab.MarketWatch - Business - NASA -
Luminar’s stock falls as lidar maker plans to lay off 20% of workforce as part of restructuring plan
Shares of Luminar Technologies Inc. dropped more than 9% in extended trading Friday after the maker of lidar and other sensors for self-driving vehicles said it was cutting its workforce by 20% as part of a restructuring plan.MarketWatch - Business -
$7,500 for tequila? The Cinco de Mayo staple has become a super-premium spirit.
“As more consumers make tequila their spirit of choice, we’ve seen them gravitate towards high-quality, premium tequilas,” Patrón executive says.MarketWatch - Business -
Here’s how much Buffett’s Berkshire Hathaway could make from Apple’s dividend hike
Apple said it will increase its cash dividend by 4%, which is good news for Warren Buffett’s company.MarketWatch - Business