This week, we got a smorgasbord of jobs data — JOLTS, ADP, weekly jobless claims, and the nonfarm payrolls (NFP). Friday’s NFP, the big one the market was waiting for, showed that 139,000 jobs were added in May, which was better than the expected 130,000. Unemployment rate held steady at 4.2%, and average hourly earnings rose 0.4% for the month. ...
Stay ahead of the market in under 30 minutes! In this video, Mary Ellen breaks down why the S&P 500 just broke out, which sectors are truly leading (industrials, technology & materials), and what next week’s inflation data could mean for your portfolio. This video originally premiered June 6, 2025. You can watch it on our dedicated page for Mary Ellen’s videos. New ...
Procter & Gamble will cut 7,000 jobs, or roughly 15% of its non-manufacturing workforce, as part of a two-year restructuring program. The layoffs by the consumer goods giant come as President Donald Trump’s tariffs have led a range of companies to hike prices to offset higher costs. The trade tensions have raised concerns about the broader health of the U.S. ...
After what will be 86 days – though it felt much longer – Aaron Rodgers’ first experience as an NFL free agent will apparently end, black and gold smoke finally emanating from Pittsburgh as reports surfaced Thursday that he will sign with the Steelers Friday and become their quarterback of the (very immediate) future. Even at 41, Rodgers could bring ...
Pope Leo XIV’s duties and day-to-day life may have changed since he became the successor to Pope Francis, but that isn’t stopping him from repping his V’s at the Vatican. He proved that during a meeting with members of the National Italian American Foundation at the Vatican in Italy on June 4, when he received a baseball hat of his ...
The agreement states that Reinsdorf has the option to sell controlling interest of the team to Ishbia from 2029-2033. But after the 2034 season, Ishbia will have the option to acquire controlling interest, and all partial team owners will have the option to sell their portion to Ishbia at the time. Reinsdorf will retain majority control of the franchise at ...
GTI Energy (GTR:AU) has announced Retraction of Lo Herma Scoping Study Statements Download the PDF here. This post appeared first on investingnews.com ...
The global auto sector is under strain as China’s tightened export controls on rare earths begin to ripple across supply chains, shutting down parts production and forcing carmakers to brace for deeper disruptions. The export curbs, imposed in April in response to US tariffs under President Donald Trump, are now triggering operational slowdowns and halts from Europe to Japan, with ...
Overshadowed by gold in recent months, silver claimed the spotlight on Thursday (June 5). The white metal’s price rose as high as US$36.03 per ounce in early morning trading, a 13 year high, before retreating toward the US$35.50 mark as US markets began their sessions. Recent economic and geopolitical events have raised analysts’ expectations of a September rate cut from ...
A tweet by Dogecoin founder Billy Markus, (@BillyM2k on X), has sparked a heated online debate. The post questioned if Trump’s tariffs could finally be called foolish. Dogecoin Founder’s Tariff Debate and Political Fallout Tariffs are taxes on imported goods, used by Trump to protect US industries. Those supporting the president’s move claim these tariffs The post Dogecoin Founder Calls ...
The House Financial Services Committee has confirmed a date for the markup of the CLARITY Act, advancing the widely anticipated bill one step closer to becoming law. The CLARITY Act is riding the wave of bipartisan support, but its progress depends on the passage of the GENIUS Act. US House Committee Schedules Markup Of CLARITY The post US Lawmakers to ...
US President Donald Trump’s Truth Social has officially registered a new entity, signaling its plans to enter the cryptocurrency investment sector. On June 5, the company registered the Truth Social Bitcoin and Ethereum ETF as a domestic business trust in Nevada. The registration sets the groundwork for an eventual offering of a Bitcoin and Ethereum The post Trump’s Truth Social ...