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Brisk Hiring Bolsters Fed's Cautious Stance on Rate Cuts
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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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Stock Funds Fell 5% in April
Month’s pullback still leaves performance in the green so far in 2024. Also: A flashback to the 40th anniversary of the Continental Illinois banking crisis.The Wall Street Journal - World -
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The new math of driving your car till the wheels fall offThe Wall Street Journal - World -
The UAW Has a Gaza Policy
Auto workers chief Shawn Fain signals the union’s solidarity with violent protesters.The Wall Street Journal - World -
Committee That Felled University Presidents Focuses on High Schools
Leaders from public-school districts are set to discuss antisemitism with a Republican-led congressional panel.The Wall Street Journal - World -
Reclassifying Marijuana Could Unlock Billions in Tax Savings for Cannabis Companies
The proposed change could lift an income tax burden that wipes out most licensed marijuana retailers’ earnings.The Wall Street Journal - World