Economy
Jobs Report: Hiring Is Strong, But Workweek Is Shortest Since Covid Lockdown; S&P 500 Gains
By Investor's Business Daily ・ Jun 02, 2023
The May jobs report showed that hiring remained strong, as employers added 339,000 payroll positions...
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AI to Have Negative Economic Impact on White-Collar Middle Class Workers
By Business Insider ・ Jun 02, 2023
AI is going to have a huge impact on the workforce, making many workers more productive. But just as...
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Jobs
Crowds clash with riot police as Senegal's Sonko sentenced to jail
By Reuters ・ Jun 01, 2023
DAKAR, June 1 (Reuters) - Supporters of Senegal opposition leader Ousmane Sonko threw rocks at riot...
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Economy
Senate votes to reverse Biden student loan bailout as Supreme Court ruling looms
By New York Post ・ Jun 01, 2023
The Senate voted Thursday to repeal President Biden’s student loan debt cancellation plan, a largely...
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Jobs
Oklahoma Supreme Court’s Abortion Ruling Shows Path Forward in Deep Red States
By Slate ・ Jun 01, 2023
When the Oklahoma Supreme Court first declared a limited state constitutional right to abortion in M...
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Markets
US labor market still tight as weekly jobless claims edge up
By Reuters ・ Jun 01, 2023
Summary Weekly jobless claims increase 2,000 to 232,000 Continuing claims up 6,000 to 1.795 million...
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Markets
Senate to take up bill, Schumer seeks to fast-track vote
By CNBC ・ Jun 01, 2023
US Senate Majority Leader Chuck Schumer (D-NY) speaks during a news conference following Senate Demo...
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Economy
Macy's and Costco have a warning about the economy
By CNN ・ Jun 01, 2023
New York CNN — Macy’s, Costco and other big chains say shoppers are pulling back at their stores and...
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Markets
Inflation euro zone May 2023
By CNBC ・ Jun 01, 2023
People at the market for their daily shopping on April 07, 2023 in Bari, Italy. Inflation has eased...
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Economy
U.S. Treasurys as debt ceiling bill clears House, progresses to Senate
By CNBC ・ Jun 01, 2023
At 5:37 a.m. ET, the yield on the 10-year Treasury was up by 3 basis points to 3.671%. The 2-year Tr...
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Economy
House passes debt limit deal as lawmakers race to avert default
By CNN ・ Jun 01, 2023
CNN — The US House of Representatives voted overwhelmingly on Wednesday to pass a bill to suspend th...
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Markets
Shares gain on U.S. debt bill passage, Fed pause talk
By Reuters ・ Jun 01, 2023
LONDON/TOKYO, June 1 (Reuters) - Global shares rose on Thursday amid receding bets for a U.S. rate h...
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Economy
House GOP challenges analysis of work requirements in debt ceiling bill
By CNN ・ May 31, 2023
CNN — House Republicans defended their broadening of work requirements for safety net programs in th...
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Economy
Are TCL and Hisense the next LG and Samsung?
By Digital Trends ・ May 31, 2023
If you had told me 20 years ago — or, heck, even 15 — that Samsung and LG were going to be the top T...
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Markets
House Set to Vote on Debt Limit Bill Amid Republican Resistance
By The New York Times ・ May 31, 2023
Follow for live updates as the House prepares for a vote on the debt limit deal. Speaker Kevin McCar...
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Markets
Job Openings Rose in April, Defying Cooling Trend
By The New York Times ・ May 31, 2023
The data complicates the interest-rate outlook. The jump in openings may put pressure on the Federal...
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Markets
The debt ceiling drama may feel like it's over, but it may have only just begun
By CNN ・ May 31, 2023
New York CNN — President Joe Biden and House Speaker Kevin McCarthy finally reached an agreement to...
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5 Trillion-Dollar Companies Behind Most of S&P 500's Gains This Year
By Business Insider ・ May 31, 2023
The S&P 500 index is on a tear, rising nearly 10% this year. But most of the gains are from a quinte...
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Jobs
AI poses human extinction risk, Sam Altman and other tech leaders warn
By CNBC ・ May 31, 2023
The Microsoft Bing App is seen running on an iPhone in this photo illustration on 30 May, 2023 in Wa...
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Jobs
Goldman Sachs plans to cut under 250 jobs in coming weeks-source
By Reuters ・ May 30, 2023
[1/2] The logo for Goldman Sachs is seen on the trading floor at the New York Stock Exchange (NYSE)...
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Jobs
Goldman Sachs cutting jobs again amid Wall Street deals slump
By CNBC ・ May 30, 2023
Goldman Sachs is preparing for its third round of layoffs since September as Wall Street firms adjus...
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Jobs
Debt Ceiling Deal Would Reinstate Student Loan Payments
By The New York Times ・ May 30, 2023
For millions of Americans with federal student loan debt, the payment holiday is about to end. Legis...
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Economy
US debt ceiling deal faces its first test in Congress, amid right-wing pushback
By reuters.com ・ May 30, 2023
[1/2] President Joe Biden shakes hands with House Speaker Kevin McCarthy of Calif., after the State...
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Jobs
AI poses ‘risk of extinction’ on par with nukes, tech leaders say
By The Washington Post ・ May 30, 2023
Listen 5 min Comment on this story Comment Gift Article Share Hundreds of artificial intelligence sc...
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Markets
Stocks Mixed As Debt Deal Awaits Key House Meeting; Netflix Vs. Disney
By Deadline ・ May 30, 2023
Stock indexes are mixed Tuesday after President Joe Biden and House Speaker Kevin McCarthy hashed ou...
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Markets
Nvidia is now a $1 trillion company thanks to the AI boom
By The Verge ・ May 30, 2023
Nvidia has just become a $1 trillion company, with its rising valuation fueled by tech companies big...
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Jobs
AI industry and researchers sign statement warning of 'extinction' risk
By CNN ・ May 30, 2023
Washington CNN — Dozens of AI industry leaders, academics and even some celebrities on Tuesday calle...
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Jobs
The day has arrived for Elizabeth Holmes to report to a Texas prison
By WTVM ・ May 30, 2023
(AP) - Disgraced Theranos CEO Elizabeth Holmes is scheduled to move to her new home —-a federal pris...
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Economy
US markets jump on high hopes of debt ceiling lift off
By Reuters ・ May 30, 2023
LONDON, May 30 (Reuters) - Wall Street was tipped for a strong open on Tuesday, while the cost of in...
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Economy
Next stop, Congress
By CNBC ・ May 30, 2023
U.S. President Joe Biden and House Speaker Kevin McCarthy might have reached a deal Sunday to raise...
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