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.
The budget law passed by the US president’s Republican Party may add $3 trln to the debt while cutting healthcare, green energy and more. In this Viewsroom podcast, Breakingviews columnists discuss the consequences for firms across the globe that were banking on an American boom. ...Show more
Quarter-point cut expected, but tariffs could boost inflation next year. (0:18) Micron set to report earnings. (2:14) Goldman's 12 Days of Trading. (4:50) Show Notes Palantir in the Nasdaq 100, Super Micro Computer out Apple developing a foldable iPad - report Episode transcripts ...Show more
Iran warns U.S. involvement in Israeli strikes would risk "all-out war." The Supreme Court upholds a Tennessee law that restricts access to gender-affirming care for minors. The Federal Reserve left interest rates unchanged on Wednesday, saying it expects economic growth to slow ...Show more