US job openings rise to 8.1 million despite higher interest rates
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Inc. - Business
U.S. Labor Market Eases Steadily Despite Rise in Job Openings
The Labor Department reports the number of jobs available in May stayed steady from April, a sign that the market is stabilizing. -
CBS News - Top stories
June jobs report signal possible interest rate cut later this year
The U.S. added 206,000 jobs in June and the unemployment rate rose to 4.1%, according to new data from the Labor Department's Bureau of Labor Statistics. CBS News senior business and technology correspondent Jo Ling Kent breaks down the numbers ... -
The New York Times - Business
What June Jobs Report Could Mean for Interest Rates
As unemployment ticks up and wage growth cools, Federal Reserve officials are watching for signs that the job market is about to crack. -
Financial Times - World
US economy adds more jobs than forecast but unemployment rises
Labour market shows signs of cooling as jobless rate increases to 4.1% in June and recent jobs growth is revised lower -
CNBC - Business
U.S. economy added 206,000 jobs in June, unemployment rate rises to 4.1%
Nonfarm payrolls were expected to increase by 200,000 in June, according to economists surveyed by Dow Jones. -
The Wall Street Journal - World
Nasdaq Rises After Jobs Report Keeps Rate Cuts in Play
The S&P 500 and Nasdaq Composite were poised to hit fresh closing peaks, after reaching new records ahead of the Fourth of July holiday. The Dow industrials were roughly flat. -
The Wall Street Journal - World
New-car prices in the U.S. are on track to drop this year for the first time in more than a decade, but many buyers are stretched as higher interest rates increase financing costs.
New-car prices in the U.S. are on track to drop this year for the first time in more than a decade, but many buyers are stretched as higher interest rates increase financing costs. -
The Wall Street Journal - World
Metal Prices Mixed; Gold Slips Slightly But Base Metals Rise
Base metals prices were higher while gold futures ticked lower but broadly holding ground, supported by rising jobless claims, which weighed on investor belief in a still-hot U.S. labor market, SP Angel said. -
The Wall Street Journal - World
The Nasdaq and S&P 500 gained 0.9% and 0.5% Friday to close out the week at fresh highs while the Dow edged higher after the jobs report shored up hopes that the Fed will cut rates.
The Nasdaq and S&P 500 gained 0.9% and 0.5% Friday to close out the week at fresh highs while the Dow edged higher after the jobs report shored up hopes that the Fed will cut rates. -
The Wall Street Journal - World
The WSJ Dollar Index Falls 0.2% to 100.25
The WSJ Dollar Index was down 0.2% to 100.25 — down for two consecutive trading days. -
The Hill - Politics
ALICE is on the rise in the US
Following last week’s Poor People’s Low-Wage Workers’ Assembly Morale March on Washington D.C., attention has further turned to ALICE. No, it’s not a she, rather it’s an acronym coined by United Way, which stands for: Asset Limited, Income ... -
The Wall Street Journal - World
Dollar Could Fall if Rate Cut Bets Rise
The dollar looks set to fall heading into next year as recent softer U.S. economic data could bolster market expectations for interest rate cuts by the Federal Reserve, MUFG Bank said. -
CBS News - Top stories
Hiring in the U.S. slowed in June, raising hopes for interest rate cuts
Employers added 206,000 jobs last month and the unemployment rate edged higher to 4.1%. -
The Wall Street Journal - World
The WSJ Dollar Index Falls 0.2% to 99.83
The WSJ Dollar Index was down 0.2 to 99.83 — down for four consecutive trading days. -
The Wall Street Journal - World
Gold Futures Near Two-week Highs on Hopes for US Rate Cuts
Gold futures rose, nearing a two-week high, amid growing investor optimism for a U.S. interest rate cut. -
CNBC - Business
10-year Treasury yield falls after unemployment rate rises unexpectedly
U.S. Treasury yields held steady on Friday as markets reopened after the July holiday and investors awaited the latest nonfarm payroll data. -
The Wall Street Journal - World
Case for September Rate Cut Builds After Slower Jobs Data
The U.S. economy added a solid 206,000 jobs last month. But the unemployment rate ticked up to 4.1%, a sign of slack in what has been a strong labor market. -
The New York Times - Top stories
Hopes for a Diplomatic Opening Rise Under Iran’s New President
Masoud Pezeshkian, a reformist, wants warmer relations with the West, with the goal of ending sanctions. But his powers are strictly limited. -
MarketWatch - Business
Fed minutes show no consensus on how many months of good inflation data needed to start cutting interest rates
Several officials said that interest-rate hikes might be needed if inflation stays at its elevated level or increases further.Federal Reserve -
The Hill - Politics
US economy adds 206K jobs in June
The U.S. economy added 206,000 jobs in June and the unemployment rate rose slightly to 4.1 percent, according to Labor Department data released Friday. The latest jobs numbers are are largely in line with expectations that the economy would add ... -
The Guardian - World
UK construction activity grows despite housebuilding drop; EV sales rise to make up fifth of new car market – business live
Pound steady as UK votes; global stocks extend rally on US rate cut hopes. In stark contrast, construction in the eurozone remains mired in recession, according to a separate survey. Construction activity shrank at a faster rate last month, with ... -
MarketWatch - Business
Open Text to cut 1,200 jobs as part of cost-saving plan
Open Text’s stock rallied Wednesday, after the enterprise-software company disclosed that it was cutting 1,200 jobs as part of a “business optimization” plan aimed at saving about $200 million a year. -
MarketWatch - Business
More recent graduates are eyeing government jobs. There are plenty of openings for them.
Government has helped drive job growth over the last year — and Gen Z workers have taken note of the sector’s higher stability. -
The Guardian - World
Far right using climate crisis as bogeyman to frighten voters and build higher walls | Jonathan Watts
It is no coincidence that ever more extreme politics has come at a time of ever more extreme weather. A disrupted climate and diminished natural world are widening the dividing lines of ideological debate. Left unchecked, this will undermine ...Climate -
CNBC - Business
Jobless rates rise in June for white, Black and Hispanic women but fall for men in the three racial groups
The unemployment rates rose for white, Black and Hispanic women but fell for their male counterparts. -
Financial Times - World
US sees ‘significant opening’ for Israel-Hamas hostage deal
Administration official hails ‘breakthrough’ after Joe Biden and Benjamin Netanyahu spoke on ThursdayIsrael -
MarketWatch - Business
U.S. economy and jobs market are showing cracks. Fed rate cuts are not far off.
Forget the summer heat: The economy appears to have caught enough of a chill that the Federal Reserve is likely to cut interest rates soon.Federal Reserve -
NBC News - Top stories
S&P 500, Nasdaq post record closes Friday as jobs report raises Fed rate cut hopes
The S&P 500 rose to a new high on Friday, posting a record close as the latest jobs report reignited hopes for rate cuts from the Federal Reserve.Federal Reserve -
The Wall Street Journal - World
J2 Ventures Raises $150 Million to Finance 'Dual Use' Technologies
J2 Ventures has raised $150 million for its second venture fund, bolstering its strategy of backing startups and helping them secure capital through government grants and contracts. -
Wired - Tech
US Government Awards Moderna $176 Million for mRNA Bird Flu Vaccine
As fears of a pandemic mount, the biotech company’s mRNA vaccine trial is set to release Phase 1/2 results later this year, with a larger Phase 3 trial expected to begin in 2025. -
ABC News - Top stories
More than 128 million under heat alerts across US
Absurd heat continues across a large portion of the country this weekend, with many locations from coast to coast already setting all-time record high temperatures. -
The Guardian - World
‘Potentially historic’ heatwave threatens more than 130 million people across US
Temperatures could crest 100F (38C) in many regions after breaking records and sparking dozens of wildfires. A long-running heatwave that has already broken records, sparked dozens of wildfires and left about 130 million people under a ... -
ABC News - Top stories
Torrid heat bakes millions across US, setting records and fanning wildfires
A visitor to Death Valley National Park has died from heat exposure and another person has been hospitalized as the temperature there reached 128 degrees this weekend -
CNN - Top stories
US job growth slowed in June, latest employment data shows
Live coverage of the June jobs report has now ended. The US economy added 206,000 jobs in June and the unemployment rate rose to 4.1%, according to the Bureau of Labor Statistics. -
CNBC - Business
Friday's jobs report expected to show slowing payroll gains as concern rises about broader economy
Economists surveyed by Dow Jones expect June to show growth of 200,000, down from the 272,000 reported for May. -
The Guardian - World
Millions head to polls to cast their votes in general election – live
Polling stations opened at 7am, with voting taking place until 10pm on Thursday night. UK general election results 2024: live trackerWhat time will we know who won? Guide to the nightConstituency finder and how boundaries have changedWhat’s ... -
ABC News - Top stories
US filings for jobless claims inch up modestly, but continuing claims rise for ninth straight week
The number of Americans filing for unemployment benefits inched up last week, but remain at historically healthy levels despite elevated interest rates -
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The Wall Street Journal - World
"Despicable Me 4" collected $229.5 million globally at the box office since its opening last week, extending a winning streak for the family-friendly franchise.
“Despicable Me 4” collected $229.5 million globally at the box office since its opening last week, extending a winning streak for the family-friendly franchise. -
ABC News - Top stories
US employers added solid 206,000 jobs in June in sign of continued economic strength
America’s employers delivered another healthy month of hiring in June, adding 206,000 jobs and once again displaying the U.S. economy’s ability to withstand continually high interest rates