Uk Borrows More Than Expected in Blow to Tax Cut Hopes
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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 -
Hope Hicks breaks down chaos of Trump's 2016 campaign during hush money trial
Former President Trump’s ex-political adviser Hope Hicks testified for hours Friday in his hush money trial in Manhattan where she detailed the chaos that enveloped his 2016 campaign. Hicks, once a close confidant of Trump’s including when he ran ...The Hill - Politics - Donald Trump -
Slower Hiring Boosts Hopes of a Late-Summer Rate Cut
The slowdown marked a break from a string of data showing surprising strength in the labor market. Wages rose less than anticipated.The Wall Street Journal - World -
Jobs Data Revives Wall Street’s 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 -
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 -
Cramer: Why Apple's Vision Pro could contribute to earnings sooner than expected
Apple's earnings report Thursday night left little doubt the tech giant is leaning heavily into enterprise opportunities for the Vision Pro.CNBC - Business -
S&P 500 jumps the most since February on softer-than-expected jobs data
Financial Times - World -
More than 2,000 pro-Palestinian protesters arrested across US campuses
Police arrest more than 200 students at UCLA as law enforcement clears camp at Dartmouth, arresting more than 90 students. More than 2,000 people have now been arrested during pro-Palestinian protests across dozens of US college campuses in recent ...The Guardian - World -
There's More to Warren Buffett's Game Than Just Picking Great Stocks
The innovative structure of Berkshire Hathaway stands out—and benefits shareholdersThe Wall Street Journal - World -
"Incredibly rare" dye that was once worth more than gold found in U.K.
The substance was found during a 2023 excavation of a Roman bathhouse.CBS News - Top stories -
More than 2,000 arrests reported as campus protest crackdowns continue
Police have broken up protest encampments at two more New York schools. Meanwhile, a second camp has been set up at the University of Wisconsin after the first was cleared.NBC News - Politics -
Chris Christie: ‘More likely than not’ Stephen A. Smith runs for president
Former GOP presidential candidate and New Jersey Gov. Chris Christie claimed it's “more likely than not” that sports commentator Stephen A. Smith runs for president in the future. “I don’t think it’s imminent, but will he run someday? I think it’s ...The Hill - Politics -
Is Trump on track to blow the election (again)?
Only Trump’s own weaknesses are keeping Biden and the Democrats in the game.The Hill - Politics - Donald Trump