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Mix of Slowing Growth, Firm Inflation Worries Investors
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U.S. Job Growth Slowed in April
The economy added 175,000 jobs last month, a slowdown in hiring. The unemployment rate ticked up to 3.9 percent.The New York Times - Business -
Jobs growth in the US economy slows
Also in this newsletter: ‘seismic’ by-election results for Labour, and G7 at odds over Russia’s frozen assetsFinancial Times - World -
Pete Sonsini, Early Investor in Databricks, Gets Closer to Launching New VC Firm
Sonsini teams up with Databricks co-founder Andy Konwinski and serial entrepreneur Andrew Krioukov to create Laude, which is seeking $75 million for its first fund.The Wall Street Journal - World -
Job growth slowed as employers added a seasonally adjusted 175,000 jobs in April, and unemployment ticked up to 3.9%, marking a break from a string of data showing surprising strength in the labor market.
Job growth slowed as employers added a seasonally adjusted 175,000 jobs in April, and unemployment ticked up to 3.9%, marking a break from a string of data showing surprising strength in the labor market.The Wall Street Journal - World -
U.S. Job Market Eases, but Hiring Remains Firm
Employers added 175,000 jobs in April, a milder pace than in the winter months, though layoffs have remained low and most sectors appear stable.The New York Times - Business -
Firm Retention Summary: CURO Group Holdings
This is a summary of a request from CURO Group Holdings to hire Akin Gump Strauss Hauer & Feld as counsel, filed April 17 with the U.S. Bankruptcy Court in Houston.The Wall Street Journal - World -
HSA costs you need to watch out for — and when not to worry
Health savings accounts are powerful tax-advantaged tools to pay for healthcare, but there are hidden fees that could cost consumers some of their savings, the Consumer Financial Protection Bureau warns.MarketWatch - Business -
Hope Hicks: Trump was worried about WSJ article’s effect on Melania
Donald Trump’s former communications director testifies that he worried about Wall Street Journal article about purchase of Stormy Daniels and Karen McDougal stories. Trump trial continues with judge dismissing claims that ex-president can’t ...The Guardian - World - Donald Trump -
Yellen argues that undercutting democracy threatens economic growth
Treasury Secretary Janet Yellen will argue in a Friday speech that democracy is under threat and that undercutting it will, in turn, threaten economic growth.MarketWatch - Business -
Reese, Cardoso debuts spark popular livestream
The WNBA debuts of Angel Reese and Kamilla Cardoso were widely watched on a social media livestream from a fan who stepped in when the league's app couldn't broadcast the game.ESPN - Sports
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'Third Millennium Thinking' Review: Find the Data That Matters
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Why Mike Johnson Won't Be Kevin McCarthy'd
Infighting fatigue among Republicans—and a shift by Democrats—are set to block Marjorie Taylor Greene’s effort to oust the House speaker.The Wall Street Journal - World -
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