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Jobs Report Will Show Whether Hot Hiring Cooled in June
The strong labor market has fed economic momentum and kept pressure on the Fed to raise rates again as it fights high inflation. Source link
OceanGate Suspends Operations After Titan Submersible Implosion That Killed 5
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A Trillion-Dollar Opportunity: China’s Pivot to the Middle East Set to Fuel Investment Boom
Middle Eastern sovereign-wealth funds have a lot of money to invest. More of it is set to go to Chinese businesses. The increasing economic links
In Retirement, We Have Discovered We Each Need a Cave to Call Our Own
We love to do things together. But we also have made sure to carve out rooms in the house where we can be alone. Source
Americans Have Quit Quitting Their Jobs
Listen to article (2 minutes) The surge in Americans quitting their jobs has abated since peaking during the pandemic, another sign that the labor market
Why Interest Rates Don't Cool Inflation Enough: They Hit the Wrong Places
Many prices less affected by monetary policy matter more for cooling inflation, giving central banks reasons to be overly hawkish. Source link
Mallinckrodt in Talks to Cut Opioid Settlement by Up to $1 Billion
Mallinckrodt, the financially troubled pharmaceutical company, is in discussions with a compensation trust for opioid victims as it seeks to potentially reduce the amount of
Meta Threads the Right Needle to Poke Twitter
Unlike previous, clunky attempts to create a new Twitter, Mark Zuckerberg’s Threads will effectively be a new extension of a huge social network family. Source
Meta's Threads App Sees Early Success, Drawing Advertiser Interest and Twitter's Ire
In less than 24 hours, the app has signed up more than 30 million users, surged to the top of download charts and become a