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Hot jobs report puts Fed cuts further out of reach as Chair Warsh faces policy tests

New Chairman of the Federal Reserve Kevin Warsh arrives during a swearing in ceremony in the East Room of the White House in Washington,...

U.S. payrolls rose by 172,000 in May, much more than expected; unemployment at 4.3%

Job seekers stand at the recruiting booth for the Florida Panthers during the Mega JobNewsUSA South Florida Job Fair held in the Amerant Bank...

The May jobs report will be released Friday. Here’s what to expect

A job seeker visits the recruiting booth for Generali Global Assistance during the Mega JobNewsUSA South Florida Job Fair held in the Amerant Bank...

Ramp hits $44 billion valuation as companies look to rein in AI spending

Corporate America is trying to figure out how to rein in rising artificial intelligence spending. That's helping payment software giant Ramp.The spend-management company announced...

Private payrolls grew by 122,000 in May, stronger than expected, ADP reports

Kendia Barrett (R) speaks with Broward Health recruiter, Nelia Zh, during the Mega JobNewsUSA South Florida Job Fair held in the Amerant Bank Arena...

Novo Nordisk rolls out Wegovy pill in the UAE — its first market outside the U.S.

Novo Nordisk is launching its weight loss pill Wegovy in the United Arab Emirates, the Danish drugmaker said Wednesday, marking its first launch outside...

OECD warns of global slowdown as U.S.-Iran war stymies economic growth prospects

The Organisation for Economic Cooperation and Development has slashed its global growth outlook, warning that the economic damage from the U.S.-Iran war could dramatically...

Job openings in April surged to 7.6 million, the highest in nearly two years

Job openings hit their highest level in nearly two years during April while hiring fell sharply, according to a government report Tuesday that showed...

Nvidia jumps into PCs with new Arm-based chip debuting in laptops from Microsoft, Dell, HP

Nvidia CEO Jensen Huang introduces the RTX Spark laptop during his keynote speech at Computex 2026 in Taipei on June 1, 2026.I-hwa Cheng |...

Defense spending, China in Asia and lessons from Ukraine: Takeways from the 2026 IISS Shangri-La Dialogue

SINGAPORE, SINGAPORE - MAY 29: Police officers stand on patrol during the 23rd IISS Shangri-La Dialogue at the Shangri-La Hotel on May 29, 2026...

Fed Governor Michelle Bowman warns against hiking interest rates because of inflation spike

Michelle Bowman, vice chair for supervision at the US Federal Reserve, during the Federal Reserve Board Community Bank Conference in Washington, DC, US, on...

SpaceX skeptics have added reason for concern after Musk comments diverge from IPO filing

Elon Musk is photographed at SpaceX in Brownsville, Texas.Marvin Joseph | The Washington Post | Getty ImagesSpaceX filed for an IPO a week ago,...

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