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Living in the Now, with John Doe
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U.S. job openings climb to 6-month high. That’s the good news. The bad? Businesses aren’t hiring very quickly.
Job openings climbed in May to a six-month high as lots of graduates entered the labor force, but companies were not very quick to hire as the grappled with the aftershocks of high U.S. tariffs.
U.S. manufacturing slump shows little sign of ending, ISM says, amid ongoing trade wars
Even after the Trump White House dialed back high U.S., tariffs, American manufacturers say ongoing trade wars have raised costs, curbed demand and made it hard to plan for the future.
The S&P 500 is approaching a Wile E. Coyote moment, says Wall Street’s biggest bear
BCA Research, led by strategist Peter Berezin, is not celebrating the S&P 500’s recent wins. In fact, they are warning of losses to come.
Gold’s momentum is fading — and a pullback is coming, says HSBC analyst
Surprisingly, the Israeli-Iran crisis did not propel gold prices higher.
Why oil demand may outpace supply, despite best efforts from OPEC+
A portfolio manager pointed out a “unique” market development that could already be helping to tighten global crude inventories, even as major oil producers look to boost output for a fifth straight month.
Goldman Sachs now sees the next Fed rate cut coming months earlier
Wall Street bank now thinks Powell and colleagues will reduce borrowing costs in September
Why out-of-favor Apple holds the key to tech stocks in the coming weeks
Mark Newton, head of technical strategy at Fundstrat, says Apple shares could be ready to finally shine and drive a bigger tech rally.
Why Bobby Bonilla’s $30 million retirement deal wasn’t as sweet as people think
The New York Mets owed the third baseman a $5.9 million payment in 2000. He negotiated $30 million in annual payments, spread over 25 years, instead.
My mother, 89, keeps getting her credit card scammed. I buy her a new one and it happens again. What’s going on?
“It hasn’t stopped.”
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