How immigrants are helping keep job growth hot while inflation cools
Recent spikes in immigration at the southern border and elsewhere in the U.S. have helped to keep the labor pool full, even as job gains kept apace.
Major heat wave to expand from Midwest to East Coast, bringing warnings to 72 million
‘The duration of this heat wave is notable and potentially the longest experienced in decades for some locations,’ the National Weather Service said.
Treasury yields tick higher as traders asses timeline of interest rate cuts
Minneapolis Fed President Neel Kashkari on Sunday said it was a “reasonable prediction” that there would not be an interest rate cut until December.
Treasury yields rise as traders assess timeline of interest rate cuts
Minneapolis Fed President Neel Kashkari on Sunday said it was a “reasonable prediction” that there would not be an interest rate cut until December.
Cocoa prices are soaring. Candy makers will need to get creative
Hershey, Mondelez, Mars and Ferrero are among the companies that will have to get creative to deal with soaring prices for cocoa, a key ingredient in chocolate.
Investors wonder if tech can keep lifting S&P 500 to records this summer as some cracks emerge
Markets are increasingly bifurcated lately.
Jared Kushner’s post-White House deal-making included badly timed bet on Amazon aggregator
Shortly after leaving the Trump White House, Jared Kushner was putting Saudi money to work across a host of businesses, including Amazon aggregator Unybrands.
10-year Treasury yield slips again as traders weigh this week’s U.S. inflation data
The producer price index fell 0.2% in May, lower than expectations, pushing Treasury yields lower.
Elon Musk claims Optimus robots could make Tesla a $25 trillion company — more than half the value of the S&P 500 today
At Tesla’s annual shareholder meeting Thursday, CEO Elon Musk said the company’s jump into humanoid robots could lift its market cap by almost fiftyfold.
OpenAI adds former NSA chief to its board
OpenAI on Thursday announced Paul Nakasone, former director of the National Security Agency, will join its board of directors.
