There’s a bit less sizzle in the labor market

There’s a bit less sizzle in the labor market

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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. 

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Lower travel costs mean we’ll be doing more of it this Fourth of July

A record 71 million expected to travel during holiday period, AAA forecasts; continuing claims continue to climb; trade deficit widened in May; auto sales were sluggish in May. 

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