Strong Job Market
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A Strong Job Market? Try Telling That to These Workers
Job seekers say getting hired is deceptively hard, and recruiters agree that qualified candidates are often passed over.The Wall Street Journal - World -
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ADP says 192,000 private-sector jobs created in April. Labor market not cooling off much.
U.S. businesses created 192,000 new jobs in April, paycheck company ADP said, and more industries hired people last month in a sign of ongoing labor-market strength.MarketWatch - Business -
The Stock Market Could Be Calmer
The Fed’s interference creates volatility and raises capital costs.The Wall Street Journal - World -
These are the most dangerous jobs in America
Wyoming and North Dakota had the highest rate of employee fatalities, according to an analysis from labor union AFL-CIOCBS News - Top stories -
Swiss Franc Could Rise in Coming Weeks Due to Position Squeeze
The Swiss franc could appreciate in the coming weeks as extensive short positions—or bets on the currency falling—could result in a squeeze that pushes the currency higher, BNP Paribas said.The Wall Street Journal - World -
She Was Convicted of Making a Bank Her Personal ATM---and Sentenced to Death
The case became one of the most high profile in a relentless anticorruption campaign in Vietnam dubbed the “Blazing Furnace.”The Wall Street Journal - World -
The Switch Hitter in Baseball Is Going Extinct
Superstars who slugged from both sides of the plate were once a feature of the major leagues. Now they have become a dying breed.The Wall Street Journal - World -
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Helping Ukraine is in Floridians' Interest
Sen. Rubio’s opposition to aid disappoints a constituent and softens a long-time GOPer’s exit from the party.The Wall Street Journal - World - Ukraine -
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A Strong U.S. Dollar Weighs on the World
Two-thirds of the roughly 150 currencies have weakened against the dollar, whose strength stems from high interest rates because of stubborn inflation.The New York Times - Business -
Glencore Sees Strong Trading Performance
Glencore backed its full-year targets across its portfolio and said it expected earnings from its trading arm to be at the top end of its annual target range.The Wall Street Journal - Business -
Basic Materials Roundup: Market Talk
Glencore, BHP and more in the latest Market Talks covering Basic Materials.The Wall Street Journal - World -
Health Care Roundup: Market Talk
Read about GSK and Haleon in the latest Market Talks covering the Health Care sector.The Wall Street Journal - World -
How Markets Are Reacting---in Five Charts
Take a look at how various assets are performing after the release of the Federal Reserve’s May policy decision: U.S. stocks, the 10-year Treasury yield, Brent crude, gold and the U.S. dollar.The Wall Street Journal - World -
Aston Martin losses jump 90% as SUV sales drop
British carmaker reports £138.8mn pre-tax loss as it wrestles with debtFinancial Times - Business -
UK house prices fall unexpectedly for second month in a row
Nationwide data reflects impact of recent rise in mortgage ratesFinancial Times - Business - United Kingdom -
Delusions of strong-arming China into compliance are dangerous
The current U.S.-China predicament is a complex accumulation of 50 years of interaction and interdependence.The Hill - Politics - China -
Shell Beat Forecasts on Improved Asset Utilization
Citi said Shell’s beat to first-quarter net income was for the most part driven by better utilization across key assets—such as the Prelude LNG platform, the Pennsylvania ethylene plant and U.S. refining—and aided a little by positive trading in ...The Wall Street Journal - World -
Tech, Media & Telecom Roundup: Market Talk
Read about Match Group, TPG Telecom and more in the latest Market Talks covering Technology, Media and Telecom.The Wall Street Journal - World -
Tech, Media & Telecom Roundup: Market Talk
Read about Match Group, TPG Telecom and more in the latest Market Talks covering Technology, Media and Telecom.The Wall Street Journal - World -
Poland probes state oil group’s Swiss subsidiary for alleged Hizbollah links
Orlen Trading Switzerland investigated for losses on trades and potential connections to Iran-backed groupFinancial Times - World -
Eurozone Government Bond Yields Edge Lower After Fed Meeting
Eurozone government bond yields declined, trading by 3-4 basis points lower, as they tracked a fall in Treasury yields on Wednesday in the wake of the Fed meeting.The Wall Street Journal - World - Federal Reserve -
Job Openings and Hiring Are at a 3-Year Ebb
March data showed a cooling labor market, but layoffs remain low. The overall trend is likely to be welcomed by Federal Reserve policymakers.The New York Times - Top stories -
Brissett eager to battle Maye for Pats' QB1 job
Veteran QB Jacoby Brissett, who signed a one-year contract with the Patriots in March worth a base value of $8 million, said Wednesday that he looks forward to competing with No. 3 pick Drake Maye for the team's starting job.ESPN - Sports - NFL -
Job Openings and Hiring Are at a 3-Year Ebb
March data showed a cooling labor market, but layoffs remain low. The overall trend is likely to be welcomed by Federal Reserve policymakers.The New York Times - Business -
Amazon cloud sales growth accelerates as group prepares for more AI spending
Ecommerce company’s operating income more than triples as Amazon Web Services and adverts provide a boostFinancial Times - Business -
Pinterest shares soar 18% on earnings beat, strong revenue growth
Shares of Pinterest popped in extended trading Tuesday after the company reported first-quarter results.CNBC - Business -
2024 NFL Draft TV ratings down despite strong 1st round
Viewership was still better than what the NFL Draft drew two years ago.Yahoo Sports - Sports - NFL -
AMD reports strong Q1 data center revenue offset by weak gaming
Advanced Micro Devices reported strong data center revenue that grew 80% in the first quarter ended March 31, but gaming revenue fell 48%.VentureBeat - Tech -
GSK raises profit outlook on strong vaccine and HIV drug sales
Quarterly results beat expectations and signal strong start for pharma groupFinancial Times - Business -
Mastercard sees healthy spending, expects strong dollar to impact revenue growth
Mastercard Inc. lowered its GAAP revenue outlook for the full year, but not because it has a more cautious view of the spending landscape.MarketWatch - Business -
Activists march for immigrant rights in Wisconsin: ‘We’re making this country strong’
Focus of rally went beyond immigration, to fear of authoritarianism, as Trump held campaign event nearby. Led by a mariachi band, hundreds of demonstrators on Wednesday morning marched across Milwaukee to Fiserv Forum – the home of the Milwaukee ...The Guardian - World -
NIO Shares Jump After Strong Sales Amid EV Price War
The Chinese electric-vehicle maker’s shares are on track for their largest one-day gain in more than two years.The Wall Street Journal - World -
Jay Powell’s dilemma: the US economy is too strong to cut rates
Sticky inflation means the Federal Reserve less likely to reduce borrowing costs before November electionFinancial Times - Business -
Pandora Lifts Sales Outlook After Strong Start to Year
Pandora raised its revenue guidance after reporting a market-beating result for the first quarter, and said the second quarter had got off to a healthy start with high single-digit like-for-like growth.The Wall Street Journal - World -
Hugo Boss Keeps Outlook After Strong First Quarter
Hugo Boss reported profit and revenue growth in the first quarter, helped by brand investment and efficiency gains, and confirmed its full-year targets.The Wall Street Journal - World -
Worried About a Stock-Market Correction? Here's How to Lock in Recent Gains
The best course when stocks slide is for investors to stand pat, but “put” options are one way to hedge against a drop and lock in some profits.The Wall Street Journal - World -
SK Hynix Returns to Profit, Expects Market Recovery on AI Boom
The world’s second-largest memory-chip maker expects a recovery in the memory-chip market this year as it swung to a net profit after five straight quarters of losses.The Wall Street Journal - Tech