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US economy adds 206K jobs in June

New Labor Department data released Friday showed the U.S. economy added 206,000 jobs in June, and the unemployment rate rose slightly to 4.1%. The latest jobs report is broadly in line with expectations that the economy will add 190,000 jobs and keep the unemployment rate at 4%. This follows a shocking report in May that […]

Private companies added just150,000 jobs in June, less than expected

Construction is booming in states such as Arizona, California, Florida and Texas. U.S. companies started hiring more slowly than expected in June, according to the ADP national employment report released Wednesday morning, signaling that the labor market continues to cool on the back of rising interest rates. The company will create 150,000 jobs Last month’s […]

Bitcoin gives up late June gains amid warning $60K holding is 'lucky' – Cointelegraph

Bitcoin traded at $61,000 on July 3 after the US inflation outlook worsened. BTC/USD 1-hour chart. Source: TradingView Fed Chairman Powell postpones rate cut Data from Cointelegraph Markets Pro Trading View It showed that BTC price is gradually recovering from a 2% daily close drop. This exacerbated the existing decline, resulting in a local low […]

Biden campaign raises $127M in June, touts best fundraising month so far

President Biden’s reelection campaign said it raised $127 million in June, its highest fundraising month of the campaign, and has raised a total of $264 million in the second quarter of 2024. The company said the campaign entered July with $240 million in cash on hand, a second-quarter total that was $75 million higher than […]

Biden campaign spotlights massive June fundraising haul in 2024 election rematch with Trump

President Biden’s 2024 reelection campaign and the Democratic National Committee have raised more than $250 million combined over the past three months, Biden’s team announced early Tuesday. The campaign also touted that it raised $264 million in fundraising from April through June in the second quarter of 2024, including $127 million in June alone, which […]

Knicks fans deserve to dream about an NBA title even if it’s June

Knicks fans haven’t experienced anything like this in years, maybe since the summer of 1993. It’s a completely different feeling than actually watching your team win a championship. As a Knicks fan, you’d probably have to have been born around 1965 to experience this feeling, but it’s close. That’s the moment you realize: Might be […]

H&M shares drop 13% after CEO casts doubt on June sales

H&M shares fell 13% on Thursday after its CEO questioned the company’s ability to meet its full-year profit targets and predicted weak sales in June. The Swedish company said its sales this month were expected to fall 6 percent year-on-year in local currency terms, due in part to continuing bad weather in many markets. Chief […]