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Move Aside, Big Banks: Giant Funds Now Rule Wall Street
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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 -
Talent war between family offices and Wall Street drives up salaries
Wealthy families are spending an average of $3 million to run their family offices, according to a J.P. Morgan Private report, and the biggest cost is staffing.CNBC - Business -
Jobs Data Revives Wall Street’s Hopes for a Rate Cut
A cooler-than-expected jobs report for April shifted the tone on Wall Street, rekindling investors’ expectations that the Federal Reserve may cut rates soon.The New York Times - Business -
Former Giants standout TE Thomas dies at 86
Aaron Thomas, one of the most prolific receiving tight ends in the history of the New York Giants, died last week at his home in Corvallis, Oregon, following a lengthy illness. He was 86.ESPN - Sports -
Norges Bank Holds Rates, Hints at Later Cut
Norway’s central bank held its key policy rate at 4.5% and reiterated that it was likely to stay at that level for some time, as high wage growth and a weak krone keep inflation elevated.The Wall Street Journal - World -
Bank holiday weather: Will it be warm or wet?
It's been warming up this week but could rain spoil your plans for the long weekend?BBC News - Top stories -
DACA recipients will now be eligible for federal health care coverage under new Biden rule
More than 100,000 young immigrants protected by DACA will soon become eligible to receive federal healthcare coverage for the first time since the program was implemented over a decade ago.NBC News - Top stories - Joe Biden
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The Journalists They Silence
As U.S. power recedes, dictators are arresting more reporters.The Wall Street Journal - World -
My Fake Amazon 'Workbook'
The $12.99 volume is attributed to me and probably generated by AI. And I apparently have no recourse to the company.The Wall Street Journal - World - Amazon -
The Score: Tesla, Starbucks, Paramount and More Stocks That Defined the Week
Here are some of the major companies whose stocks moved on the week’s news.The Wall Street Journal - World -
Canada Charges Three Men in Killing of Sikh Activist
Canadian police charged three men in the assassination of Hardeep Singh Nijjar, a Sikh activist who Canada’s prime minister has suggested was killed with the help of Indian government agentsThe Wall Street Journal - World -
Psst: That 10-Step Skincare Routine Might Be Hurting Your Face
Viral beauty regimens on social media are overkill, say experts. Here, doctors and estheticians make the case for a ‘less-is-more’ approach.The Wall Street Journal - World