Tag: Breaking News: Economy
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Inflation inside the electronics you buy may soon become a bit more sticky
Most consumers are not familiar with the role resin plays inside electronics like smartphones. A current shortage of the materials may push up prices.
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Hot jobs report puts Fed cuts further out of reach as Chair Warsh faces policy tests
Another big jobs report in May has swept aside the possibility of interest rate cuts anytime soon.
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Stocks making the biggest moves midday: Broadcom, Arm, Strategy, Chipotle, Quantinuum & more
These are the companies making headlines in midday trading.
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U.S. payrolls rose by 172,000 in May, much more than expected; unemployment at 4.3%
Nonfarm payrolls were expected to increase by 80,000 in May while the unemployment rate held at 4.3%.
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Broadway’s $1.9 billion season is the latest sign of consumers splurging on experiences
Sunday’s Tony Awards follow a record-breaking season on Broadway. The awards often lead to further ticket sales for winning shows.
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Treasury yields ease as traders await key labor market data
Treasury yields fell on Friday, as investor attention turned to non-farm payrolls and unemployment data.
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CNBC Daily Open: Chips are down — but not for the Dow
Iran-backed Hezbollah rejected the U.S.-backed ceasefire terms agreed between Israel and Lebanon, demanding a full Israeli withdrawal first.
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The May jobs report will be released Friday. Here’s what to expect
The stronger-than-expected start this year for job creation could be in for a reality check.
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Stocks making the biggest moves midday: Five Below, Broadcom, Blackstone, UnitedHealth & more
Here are the companies making headlines in midday trading.
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Long-term unemployment is surging in the U.S. There are hidden costs for workers and the economy
Long-term unemployment can have ramifications on financial, emotional and family health that linger even after reentry into the workforce.
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