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South Korea’s Jobs Growth Cools to Slowest Pace Since 2021

(Bloomberg) -- South Korea’s labor market showed signs of cooling in May as employment growth slowed to its slowest pace in more than three...

JPMorgan, Citi Scrap Fed Rate-Cut Bets for July After Jobs Data

(Bloomberg) -- Economists at Citigroup Inc. and JPMorgan Chase & Co., some of the last holdouts predicting a Federal Reserve interest-rate cut in July,...

Treasury Yields Soar as Jobs Data Upend Bets on Fed Cuts in 2024

(Bloomberg) -- Treasury yields surged as surprise strength in the US labor market forced traders to once again question whether the Federal Reserve can...

Global Stock Rally Falters Ahead of US Jobs Data: Markets Wrap

(Bloomberg) -- A global equity rally faltered ahead of crucial US jobs data that could cement bets on when the Federal Reserve can start...

JPMorgan, Citi Cling to July Fed Rate-Cut Bets Ahead of Jobs Data

(Bloomberg) -- Wall Street’s last holdouts for a US interest-rate cut in July are preparing for their clearest sign yet on whether they —...

Wall Street Rally Takes a Breather Before US Jobs: Markets Wrap

(Bloomberg) -- Stocks and bonds lost steam on the eve of a US jobs reading that will help shape the outlook for the Federal...

Infrastructure, State Firms’ Stocks Win Big in India After Polls

(Bloomberg) -- Shares of Indian state-run companies and infrastructure-related firms were a standout on Monday after exit polls predicted a landslide victory for Prime...

More Advanced AI Siri Functionality Not Coming to iOS 18 Until 2025

Apple is planning a major AI overhaul for Siri in iOS 18, and Bloomberg's Mark Gurman says that the update will let ‌Siri‌ control...

Abercrombie Raises Outlook, Extending ‘90s Fashion Comeback

(Bloomberg) -- Abercrombie & Fitch Co. raised its full-year outlook after it blew past first-quarter sales estimates and extended its bounce back from the...

Report: These 10 New AI Features Are Coming in iOS 18

iOS 18 and macOS 15 will offer an array of new AI features such as auto-generated emojis, suggested replies to emails and messages, and...

Gurman: iOS 18 Will Allow Users to Recolor App Icons and Place Them Anywhere

Apple's iOS 18 update will introduce new features for further customizing the iPhone's home screen, according to Bloomberg's Mark Gurman. In the latest edition of...

iOS 18 to Use AI to Summarize Notifications, Add to Calendar, and More

Apple is poised to unveil an auto-summarization feature for notifications as part of a series of new artificial intelligence features in iOS 18, according...

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