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Auto & Transport Roundup: Market Talk
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How Markets Are Reacting, in Five Charts
Take a look at how various assets are performing after the release of the April jobs report: U.S. stock futures, the 10-year Treasury yield, Brent crude, gold and the U.S. dollar.The Wall Street Journal - World -
U.S. labor market slows in April
The U.S. job market appears to have slowed last month. 175,000 jobs were added in April, falling short of expectations, while the unemployment rate came in at 3.9%. CBS News business analyst Jill Schlesinger has more.CBS News - Top stories -
Apple sales fall in nearly all countries
The tech giant says demand for its smartphones fell more than 10% in the first three months of the year.BBC News - Top stories - Apple -
Immigrant workers are helping boost the U.S. labor market
The government predicts that the influx of immigrant workers will grow gross domestic product over the next decade by $7 trillion.CNBC - Business -
Treasury Yields Fall on Weaker-Than-Expected Payrolls
Treasury yields fell, push down by weaker-than-expected payrolls.The Wall Street Journal - World -
US labour market undershoots forecasts with 175,000 new jobs
Non-farm payrolls figure for April indicates US economy is cooling and bolsters expectations for rate cuts this yearFinancial Times - World -
Jim Cramer's top 10 things to watch in the stock market Friday
The Dow, S&P 500 and Nasdaq set to surge at Friday open after much weather-than-expected jobs growth in April.CNBC - Business -
The Fed Is Looking for a Job Market Cool-Down. It Just Got One.
Wage growth and hiring slowed in April, evidence of the job market slowdown that Federal Reserve officials have been waiting on.The New York Times - Business - Federal Reserve -
The Fed Is Looking for a Job Market Cool-Down. It Just Got One.
Wage growth and hiring slowed in April, evidence of the job market slowdown that Federal Reserve officials have been waiting on.The New York Times - Top stories - Federal Reserve -
Herbert Hunt, Billionaire Who Tried to Corner the Silver Market, Dies at 95
After losing billions of dollars in a commodities-trading scandal, Hunt went through personal bankruptcy before making it back in oil, gas and real estate.The Wall Street Journal - World -
E-waste is overflowing landfills. At one sprawling Vietnam market, workers recycle some of it
Yahoo News - World -
Interest rate cut bets rise as US job creation slows; FTSE 100 at record high – business live
Rolling coverage of the latest economic and financial news, as latest US non-farm payroll shows weakening job creation. Newsflash: The UK’s services sector has posted the fastest business activity growth in almost a year, reinforcing hopes that ...The Guardian - World -
E-waste is overflowing landfills. At one sprawling Vietnam market, workers recycle some of it
The world is producing more electronic waste than ever — 62 million metric tons in 2022ABC News - World -
The U.S. labor market is shifting toward skilled labor as white-collar hiring slows
America's jobs market increasingly appears to have a steady demand for skilled workers and a flagging interest in hiring more "knowledge-based" professionals.NBC News - Top stories -
Here are the moves to make to counter range-bound, choppy markets, says Goldman Sachs
Stay overweight stocks but prepare for a volatile period, says Goldman SachsMarketWatch - Business -
Markets set for May rally with Apple results the catalyst — based on this 74-year trend
The S&P 500 has generated median returns of 1.1% in the average May since 1950 versus just 0.4% in April.MarketWatch - Business -
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 -
Cemeteries get a new lease on life as dog parks, antique markets and picnic grounds
“As cemeteries run out of space, they are going to have to adapt or die.”MarketWatch - Business
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The Comedy and Tragedy of Summer Softball
We could have regained our stardom if only I’d listened to my father Herbie.The Wall Street Journal - World -
Slower Hiring Boosts Hopes of a Late-Summer Rate Cut
The slowdown marked a break from a string of data showing surprising strength in the labor market. Wages rose less than anticipated.The Wall Street Journal - World -
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The Editorial Board: A website reveals the planning and strategy behind the current college mayhemThe Wall Street Journal - World -
'The Northeast Corridor' Review: Keeping a Region on Track
Plans to unify a patchwork railroad network were complicated by the many rivers and bays of the Atlantic coast. Engineers had to get creative.The Wall Street Journal - World -
U.S. Stocks Climb After Jobs Report
U.S. stocks were climbing after the latest jobs report showed hiring pulled back sharply in April.The Wall Street Journal - World