Downing Street Parties
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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 -
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 -
Disappearing migrants and street revolts. Sunak’s Rwanda round-up is just the mess we knew it would be | Gaby Hinsliff
The policy has always been a sordid theatre of cruelty, and it is unravelling in ways that were entirely predictable. Handcuffed and surrounded, faces pixelated for the video as if they were dangerous criminals, one by one they were bundled into ...The Guardian - World -
Mass deportations, detention camps, troops on the street: Trump spells out migrant plan
Trump White House 2.0 would mean a vast, legally dubious roundup of up to 11 million people and pit state against state. Donald Trump is planning to unleash the biggest mass deportation of undocumented migrants in US history should he win ...The Guardian - World - Donald Trump -
A Party for the Haters
The writers behind Hate Reads, a pop-up newsletter for airing grievances and pet peeves, got up on their soap boxes.The New York Times - Lifestyle -
The Party Politics of the Menthol Cigarette
The ‘science’ the Biden administration has chosen to follow is political science.The Wall Street Journal - World -
South Korea cracks down on ‘shrinkflation’
Fines threatened for producers who cut product size without informing consumersFinancial Times - World - South Korea -
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