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Market backs off on hopes for interest rate cuts following strong jobs report

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Traders work on the floor of the New York Stock Exchange during afternoon trading on June 03, 2024 in New York City. Michael M. Santiago...
Jobs

Here’s where the jobs are for May 2024 — in one chart

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Job growth in May was surprisingly strong, pushing back on lingering fears of a broader economic slowdown and likely slowing the Federal Reserve's rate-cutting...
Bussiness

Salesforce to open new AI center in London as part of $4 billion UK investment

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A Salesforce corporate logo hangs over the front door of the Salesforce Tower on January 22, 2024, in New York City.Gary Hershorn | Getty...
Bussiness

European Central Bank heads for first rate cut since 2019: Live updates

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German factory orders data falls short of expectations ahead of ECB decisionThe European Central Bank's set to make its decision on a day of...
Jobs

Japan’s Nikkei ends lower after weak US jobs data; stronger yen weighs

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TOKYO, June 5 (Reuters) - Japan's Nikkei share average ended lower on Wednesday as economic-sensitive stocks fell after weaker-than-expected U.S. labour market data, while the yen's rebound...
Fashion

JD Sports Fashion Plc: Race to scale

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Despite a clear slowdown...
Bussiness

Atos falls 14% as embattled French IT firms weighs rescue deals set to result in ‘massive dilution’

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This photograph taken on April 26, 2024 shows the headquarters of the French multinational information technology company ATOS in Bezons, near Paris. (Photo by...
Jobs

Business Lookahead: Cool jobs at last

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STORY: From the all-important monthly U.S. employment report, to a likely European Central Bank rate cut... ...
Shopping

‘A totally new world of retail:’ NIQ unpacks how omnichannel shopping is evolving

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“The reality is that it is a totally new world of retail. The traditional models that we have thought about historically — and the...
Gambling

How a Professional Sports Bettor Really Makes Money

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Listen to Odd Lots on Apple PodcastsListen to Odd Lots on SpotifySubscribe to the newsletterThe gambling industry in the US has exploded...
Gambling

How a Professional Sports Bettor Really Makes Money

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Listen to Odd Lots on Apple PodcastsListen to Odd Lots on SpotifySubscribe to the newsletterThe gambling industry in the US has exploded...
Bussiness

CNBC Daily Open: Nvidia shares soar on AI boom

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In this photo illustration the Nvidia logo is displayed on a smartphone screen and in the background. Rafael Henrique | SOPA Images | Lightrocket |...
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