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Tech shares led U.S. stock indexes higher ahead of a jobs report for April, with the S&P 500 and Dow both rising 0.9% and the Nasdaq gaining 1.5%.
Tech shares led U.S. stock indexes higher ahead of a jobs report for April, with the S&P 500 and Dow both rising 0.9% and the Nasdaq gaining 1.5%.The Wall Street Journal - World -
‘It’s like winning the lottery’: the mobile home owners buying the land they live on
Residents of manufactured housing parks typically own their homes – but not the parks themselves, which can be incredibly lucrative. Now some residents are forming cooperatives, and taking control. This story is co-published with the Lever, a ...The Guardian - World -
Sunak says results 'disappointing' but voters will 'stick with us' at general election
Labour wins by-election and string of councils from the Tories, who retain the Tees Valley mayoralty.BBC News - Top stories -
Capital-Gains Tax Hits More Home Sellers
The $500,000 exemption for home sales hasn’t changed since 1997.The Wall Street Journal - World -
Labour hails big wins in England as Sunak holds on to Tees Valley victory
Victory in Tees Valley marked a bright spot in a grim night for the Tories, with Labour picking up councils and mayors.BBC News - Top stories -
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S&P 500 Notches a Weekly Gain After Jobs Report
Stocks finished out the week on a strong note after a Goldilocks jobs report boosted hopes for a late-summer rate cut.The Wall Street Journal - World -
Jobs Data, Tech Stocks Power Indexes to Weekly Gains
Renewed hope for interest-rate cuts fueled a rally, though shares of some companies like TD Bank fell.The Wall Street Journal - World -
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Amgen’s obesity drug puts stock on pace for best day since 2009 as analysts predict big gains to come
One analyst says Amgen’s stock is in the ”early innings of a large move,” fueled by an experimental obesity drug.MarketWatch - Business -
Job gains were decent in April. But here’s what Biden really has to worry about.
Voters continue to say they are mostly concerned about inflation.MarketWatch - Business - Joe Biden -
GameStop’s stock skyrockets 29% to continue rally and register biggest gain in over a year
Shares of videogame retailer and original meme stock GameStop surged on no apparent news this week.MarketWatch - Business -
‘He’s holding all the cards’: My mother, 86, has dementia. Her partner of 30 years is on the deed to her home. How can I gain control of her finances?
“I asked to be put on the deed to my mother’s home and I was met with a swift ‘no’ from her partner. He said that since he had paid off the mortgage, the house is his.”MarketWatch - Business -
Puig Shares Jump on Debut
Shares of Jean Paul Gaultier owner Puig rose sharply above the listing price on their trading debut in Spain after the world’s biggest initial public offering so far this year.The Wall Street Journal - World -
Puig Shares Jump on Debut
Shares of Jean Paul Gaultier owner Puig rose sharply above the listing price on their trading debut in Spain after the world’s biggest initial public offering so far this year.The Wall Street Journal - Business -
Russian forces sharing base with US troops in Niger
The Russians are said to be sharing a wing of Niger's main airport, but not mingling with US troops.BBC News - Top stories - Russia -
Marine Le Pen grows wary of ‘crazy’ German far right
Trip to tropical island brings Rassemblement National to brink of break-up with Alternative for GermanyFinancial Times - World - Germany -
Conservative Ben Houchen holds on as mayor in key Tees Valley race
Result provides glimmer of hope for Rishi Sunak in otherwise grim local election resultsFinancial Times - World -
Cryptofinance: Stablecoins encroach on shadow banking system
Plus, CZ gets four months and outflows from bitcoin ETFsFinancial Times - World - Crypto -
ICC chief prosecutor hits out at unnamed ‘threats’ against his work
Israeli officials had warned that the tribunal was considering issuing arrest warrants in relation to war in GazaFinancial Times - World -
US stocks rally as cooling labour market boosts rate cut hopes
Futures markets lean towards Fed acting in September after just 175,000 jobs were added in AprilFinancial Times - World