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Tesla shows Wall Street a path to ‘positive catalysts,’ BofA says
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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 -
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 -
Middle East crisis live: Hamas delegation arrives in Cairo for Gaza ceasefire talks
An unnamed Palestinian official familiar with the mediation efforts expressed cautious optimism to the Reuters news agency. Israeli warplanes have attacked targets in Khan Younis, southern Gaza, after a rocket was launched towards the Ein ...The Guardian - World -
Heard on the Street's Stock-Picking Contest
Read about our columnists’ favorite and least-favorite stocks and see how they have performed.The Wall Street Journal - World -
Markets set for May rally with Apple results the catalyst — based on this 74-year trend
The S&P 500 has generated median returns of 1.1% in the average May since 1950 versus just 0.4% in April.MarketWatch - Business -
Jessica Pratt, out of the L.A. underworld and into a (gentle) wall of sound
The folk singer made her name with stripped-down recordings but has now found a bigger approach on "Here in the Pitch." It wasn't an easy road to get there.Los Angeles Times - Entertainment -
German foreign minister says Russia will face consequences for monthslong cyber espionage
Germany says Russia will face consequences after accusing its military intelligence service of masterminding an “absolutely intolerable” cyberespionage campaignABC News - World - Russia -
Don't rate Tesla's Full Self Driving too highly, tech investor says: 'By no means autonomous driving'
A top fund manager focusing on tech says Tesla's Full Self Driving product lacks qualities that would make it an example of truly "self-driving" technology.CNBC - Business
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‘Dreamers’ to get access to Obamacare coverage under new Biden regulation
President Joe Biden’s administration is rolling out a newly finalized regulation that allows “Dreamers” to access health plans through the Affordable Care Act, also known as Obamacare.MarketWatch - Business - Joe Biden -
Errors on credit reports are an ‘epidemic’ — but nearly 25% of Americans can’t access their credit reports to check for mistakes, consumer advocates say
Credit reports are supposed to be available for free every week, but many consumers can’t get to their data, a Consumer Reports study found.MarketWatch - Business -
HSA costs you need to watch out for — and when not to worry
Health savings accounts are powerful tax-advantaged tools to pay for healthcare, but there are hidden fees that could cost consumers some of their savings, the Consumer Financial Protection Bureau warns.MarketWatch - Business -
With more of us living longer, traditional retirement plans just won’t cut it
Whatever your age, you need to invest more in your future to ensure you age well.MarketWatch - Business -
‘I see my greedy in-laws as misogynists’: I was a stockbroker in the 1980s and always kept my money separate from my husband’s. Is such self-protection justified?
“The biggest surprise when we got married was that my husband’s family saw me as a paycheck, even though they are all educated.”MarketWatch - Business