The Labor Department said today that 206,000 new jobs were created in June and the May jobs number was revised down; wages rose 0.3% last month; stocks, bonds and the British pound all rose today after the Labour Party’s resounding victory; Saks Fifth Avenue is buying Neiman Marc ...Show more
Fed to wait and see on inflation
Markets hit new highs; Fed minutes show a wait and see approach to rate cuts; Labor market shows more signs of slowing; Skydance-Paramount deal back on.
U.S. stocks fell Friday. Plus, Pokémon cards make a comeback, the FCC wants to unlock phones sooner, and Warren Buffet donates billions worth of shares.
The Supreme Court issued its remaining decisions today for the 2020 term, including the biggie: Trump’s tax returns. Transcript at vox.com/todayexplained. Learn more about your ad choices. Visit podcastchoices.com/adchoices