Half Billion Dollar Payroll
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CNBC - Business
Private payrolls grew by just 150,000 in June, less than expected
Companies added 150,000 jobs for the month, below the upwardly revised 157,000 in May and the Dow Jones consensus estimate for 160,000. -
The Wall Street Journal - World
Cooler U.S. Job Creation Pushes Gold Back Toward $2,400/Oz
The June jobs report lifted gold futures toward their highest levels in nearly a month. -
Yahoo Sports - Sports
Chestnut nearly tops Nathan's winner in half the time
Joey Chestnut, banned from Nathan's Hot Dog Eating Contest, competed against four soldiers at Fort Bliss Army base in El Paso, Texas on the Fourth. -
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 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. -
The Wall Street Journal - World
Americans Are Everywhere---and Taking Their Strong Dollars With Them
The U.S. currency has surged thanks to higher interest rates and a strong economy. -
Inc. - Business
AI Firms Seek Multibillion-Dollar Valuations
A pair of artificial intelligence firms are currently raising funds. Runway seeks $4 billion valuation, and Magic nets$1.5 billion value as investors make commitments.Artificial Intelligence -
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. -
BBC News - Top stories
Hathaway to make debut as Thomas given Wales fly-half role
Cardiff centre Ben Thomas is given the Wales fly-half role and wing Josh Hathaway will make his debut for the first Test against Australia. -
The Wall Street Journal - World
Euro Corporate Bond Supply Expected to Decline in Second Half of 2024
Rising geopolitical concerns and the upcoming U.S. elections are likely to limit issuance of euro-denominated corporate bonds in the second half, ING said. -
MarketWatch - Business
After a roaring first half, stocks are stretched — but the rally isn’t over yet
Earnings season is coming — here’s what you need to know. -
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 Wall Street Journal - World
Your Old Clothes Are Worth Billions
Secondhand apparel retail is a booming business, but turning a profit is harder than it sounds. -
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. -
Financial Times - World
What happened in the UK general election?
Labour secures landslide victory as Conservatives crash out of officeUnited Kingdom -
VentureBeat - Tech
Meet the startup using AI to slash healthcare’s trillion-dollar administrative burden
Anterior raises $20M to transform healthcare administration with AI, promising to slash costs and streamline prior authorizations for health insurers. -
The Wall Street Journal - World
Ericsson Intends to Book $1.1 Billion Charge for Latest Quarter
The Swedish telecom-equipment company said lower-than-expected growth at its Vonage cloud subsidiary prompted the impairment charge. -
The Wall Street Journal - World
Shell to Take Impairment Hit of Up to $2 Billion
Shell expects to book up to $2 billion in post-tax impairments after delaying construction of a major biofuels plant as European energy majors grapple with weak market conditions, while trading in its core gas division is set to fall on quarter. -
MarketWatch - Business
U.S. presidential election highlights biggest risk to a bond-market rally in the second half
Of all the wild cards in the months ahead for the $27 trillion Treasury market, an increasing U.S. government deficit is regarded as perhaps the greatest long-term risk facing the market right now because of its potential to translate into higher ... -
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 ... -
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CBS News - Top stories
Saks Fifth Avenue owner buying Neiman Marcus for $2.65 billion
Canada's Hudson's Bay Company, which owns Saks Fifth Avenue and other retailers, is buying 117-year-old Neiman Marcus. -
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The Hill - Politics
Saks Fifth Avenue parent to buy Neiman Marcus Group for $2.65 billion
Saks Fifth Avenue parent company HBC announced Thursday a $2.65 billion deal to acquire Neiman Marcus Group, the parent company of Neiman Marcus and Bergdorf Goodman. HBC said that after the deal goes through it will launch Saks Global, which will ... -
The Wall Street Journal - Business
Ericsson Intends to Book $1.1 Billion Charge for Latest Quarter
The Swedish telecom-equipment company said lower-than-expected growth at its Vonage cloud subsidiary prompted the impairment charge. -
The Wall Street Journal - World
China's Central Bank Borrows 'Hundreds of Billions' of Yuan in Government Bonds
China’s central bank has signed agreements with major brokers to borrow “hundreds of billions” of yuan worth of government bonds, a move analysts say is likely aimed at stabilizing plummeting long-term bond yields.China -
Inc. - Business
Mentally Extend Your Vacation for Exactly Zero Dollars With This Financial Planner's Genius Trick
You can keep those chilled out vibes going for much longer at zero cost if you know a little psychology. -
NBC News - Top stories
Gas is cheaper this July Fourth. Here’s how to stretch your dollar even further at the pump.
Gasoline prices have inched up but are on track to notch the cheapest July Fourth since 2021. Here's how to maximize your fuel efficiency over the holiday. -
MarketWatch - Business
‘I’m watching every last cent’: For July 4, my friend booked an Airbnb on Cape Cod — and said I’m welcome to visit. Should I offer to pay half?
“This vacation is already nearly breaking my budget.” -
MarketWatch - Business
CureVac’s stock soars on GSK’s $1.56 billion deal for its COVID-19 and flu vaccines
U.K. pharmaceutical giant GSK said the deal gives it the rights to develop, manufacture and commercialize messenger RNA-based candidate vaccines for flu and COVID-19. -
MarketWatch - Business
Jeff Bezos aims to sell another $5 billion of Amazon stock, after earlier selling spree
The Amazon founder and executive chair has filed to sell up to 25 million shares, after he dumped 50 million in February. -
CNBC - Business
Romance scams cost consumers $1.14 billion last year. It's a 'more insidious' fraud, expert says
Cyber criminals are tapping into wealth accounts through human connection. Here's how to spot it and cut ties as soon as you can. -
CNBC - Business
Tesla short sellers lost $3.5 billion in two days of trading after deliveries report
With Tesla's stock close to wiping out its losses for the years, investors betting for a decline have had a rough week.Tesla -
CNBC - Business
Saks Fifth Avenue parent HBC to acquire Neiman Marcus Group in $2.65 billion deal
The deal will establish Saks Global, which will include Saks Fifth Avenue, Saks OFF 5TH, Neiman Marcus' namesake department store chain and Bergdorf Goodman. -
MarketWatch - Business
Saks Fifth Avenue buying Neiman Marcus in $2.65 billion deal, with backing by Amazon
High-end retail chains Saks Fifth Avenue will buy rival Neiman Marcus in a deal that will see Amazon.com and Salesforce also take stakes, the companies said in a statement on Thursday. -
CNBC - Business
Over $170 billion wiped off cryptocurrencies as market tanks on Mt. Gox bitcoin payout fears
Cryptocurrencies plunged on Friday as investors get anxious about the planned payout of nearly $9 billion to users of collapsed bitcoin exchange Mt. Gox.Crypto -
CNBC - Business
Energy giant Shell to take up to a $2 billion impairment hit on Rotterdam, Singapore plants
Energy giant Shell on Friday said it expects to record a post-tax impairment hit of up to $2 billion mainly linked to its Singapore and Rotterdam plants. -
MarketWatch - Business
How a burger-shack owner allegedly toppled a government and evaded taxes on $7 billion in U.S. military contracts
Douglas Edelman has been charged with hiding $350 million in income. He allegedly spent the money on yachts and an Austrian chalet. -
The Wall Street Journal - World
Shell expects to book up to $2 billion in post-tax impairments after delaying construction of a biofuels plant.
Shell expects to book up to $2 billion in post-tax impairments after delaying construction of a biofuels plant. -
The Wall Street Journal - World
Amazon will build a top-secret cloud for Australia's government to deepen collaboration with the U.S. and strengthen Canberra's defense communications.
Amazon will build a top-secret cloud for Australia’s government to deepen collaboration with the U.S. and strengthen Canberra’s defense communications.