US job growth topped all forecasts in May and the unemployment rate held steady at 4.3%, offering the clearest sign yet that the labor market may be breaking out of a prolonged period of lackluster hiring. Frances Donald, Chief Economist at RBC, discusses the jobs data and what it signals for the US economy as inflation begins to outpace wage growth. (Source: Bloomberg)
US job growth topped all forecasts in May and the unemployment rate held steady at 4.3%, offering the clearest sign yet that the labor market may be breaking out of a prolonged period of lackluster hiring. Frances Donald, Chief Economist at RBC, discusses the jobs data and what it signals for the US economy as inflation begins to outpace wage growth. (Source: Bloomberg)
Crew previously told to enter docked spacecraft and don spacesuits in case an air leak worsened Astronauts onboard the International Space Station have been told to return to normal duties after previously being on evacuation alert due to a worsening air leak. The four astronauts of Nasa’s Crew-12 mission on the station – two US astronauts, a French astronaut and a Russian cosmonaut – received ord...
Crew previously told to enter docked spacecraft and don spacesuits in case an air leak worsened Astronauts onboard the International Space Station have been told to return to normal duties after previously being on evacuation alert due to a worsening air leak. The four astronauts of Nasa’s Crew-12 mission on the station – two US astronauts, a French astronaut and a Russian cosmonaut – received orders from Nasa mission control at 9.04am ET (2.04pm BST) on Friday to enter their Crew Dragon spacecraft docked to the station and don their spacesuits in case the air leak warranted an emergency evacuation, a Nasa official said. Continue reading...
On this episode of Stock Movers with Alexis Christoforous: - Lululemon (LULU) shares are lower after it lowered its annual forecast due to deteriorating performance in North America. - DocuSign (DOCU) shares are lower after reporting earnings. While it reported a rise in 1st quarter profit, the annual recurring revenue rate was unchanged and investors may be looking for a return to double digit gr...
On this episode of Stock Movers with Alexis Christoforous: - Lululemon (LULU) shares are lower after it lowered its annual forecast due to deteriorating performance in North America. - DocuSign (DOCU) shares are lower after reporting earnings. While it reported a rise in 1st quarter profit, the annual recurring revenue rate was unchanged and investors may be looking for a return to double digit growth. - Coinbase (COIN) shares are lower as Bitcoin slides below $62,000 this morning. Ether is also declining. (Source: Bloomberg)
Chevron (NYSE:CVX) has been one of the energy sector’s standout stories in 2026. With WTI crude rallying from $60.04 in January to $102.13 by May, the integrated major has ridden a powerful tailwind. The question is whether the rally has run too far, too fast. The stock trades at $188.35, up 25.93% year to date ... Price Prediction: How High Can Chevron Soar This Year?
Chevron (NYSE:CVX) has been one of the energy sector’s standout stories in 2026. With WTI crude rallying from $60.04 in January to $102.13 by May, the integrated major has ridden a powerful tailwind. The question is whether the rally has run too far, too fast. The stock trades at $188.35, up 25.93% year to date ... Price Prediction: How High Can Chevron Soar This Year?
Russia could attack a Nato country within four years according to western intelligence assessments, UK Prime Minister Keir Starmer warned on Friday. He made the comments as he pledged his government would publish a long-delayed defence investment plan before next month’s Nato summit. “It is our intelligence assessment and the assessment of other countries in Nato that there could be an attack by R...
Russia could attack a Nato country within four years according to western intelligence assessments, UK Prime Minister Keir Starmer warned on Friday. He made the comments as he pledged his government would publish a long-delayed defence investment plan before next month’s Nato summit. “It is our intelligence assessment and the assessment of other countries in Nato that there could be an attack by Russia on Nato as soon as 2030,” Starmer said. “So you can see the urgency and the priority that...
LewisTsePuiLung/iStock Editorial via Getty Images JPMorgan Chase ( JPM ) could be interested in buying Carlyle Group's ( CG ) in-house private credit division, Carlyle Global Credit, if it is ever put on the market, the New York Post reported on Friday, citing a private equity executive. Carlyle Global Credit pursues investment opportunities across various segments of private credit, having held $...
LewisTsePuiLung/iStock Editorial via Getty Images JPMorgan Chase ( JPM ) could be interested in buying Carlyle Group's ( CG ) in-house private credit division, Carlyle Global Credit, if it is ever put on the market, the New York Post reported on Friday, citing a private equity executive. Carlyle Global Credit pursues investment opportunities across various segments of private credit, having held $194B in assets under management as of December 31, 2024. The news comes after CEO Jamie Dimon said at the Bernstein Strategic Decisions Conference that JPMorgan was on the lookout for acquisitions, having envisioned a $10B-$20B acquisition in the next couple of years. "We are on the lookout, but it's gotta make sense," he had said. He's in no rush for a big purchase. A sset prices are high, and Dimon is "not that fond" of buying stocks or companies "at these prices." In the days following Dimon's remarks, rumors circulated in private equity circles that JPM might be interested in acquiring the division, the executive reportedly said. Bankers reportedly told the newspaper that Dimon could snap up a wealth management firm or a private credit business, and players involved with bank-focused M&A are scrambling to come up with deals that Dimon may like. Notably, Dimon in the past had warned that a shakeout in private credit is likely. More than 1,000 firms are engaged in the sector, and not all of them will succeed. Some of them "may be brilliant, but I guarantee you not all 1,000 of them are," he had said in April. More on JPMorgan Chase, Carlyle JP Morgan Low-Coupon Fixed Preferreds Retain Both Standalone And Relative Appeal Carlyle Group: Cheaper Than Its Peers, But Not Yet A Buy The Carlyle Group: Undervalued Given Limited Private Credit Exposure Big banks eye new tokenized deposit network - report Quantinuum makes IPO debut as quantum era approaches
The New York State legislature passed a one-year moratorium on new large data centers, the first statewide ban of its kind if Democratic Governor Kathy Hochul signs it into law. Lawmakers behind the bill say it's meant to give policymakers time to understand the impact of large data centers on the environment and energy prices. It directs the state's environmental agency to create an impact report...
The New York State legislature passed a one-year moratorium on new large data centers, the first statewide ban of its kind if Democratic Governor Kathy Hochul signs it into law. Lawmakers behind the bill say it's meant to give policymakers time to understand the impact of large data centers on the environment and energy prices. It directs the state's environmental agency to create an impact report assessing the amount of electricity, water, and land that data centers use, and the pollution they create. It also requires companies planning to build large data centers - defined as having a peak demand of at least 20 megawatts - to hold and fun … Read the full story at The Verge.
Ten years ago, ASML (NASDAQ:ASML) was a respected Dutch equipment maker quietly perfecting a technology most investors had never heard of: extreme ultraviolet lithography. Today, it is the sole supplier of EUV machines required to print transistors smaller than 7 nanometers, and every cutting-edge chip from TSMC, Samsung, and Intel runs through its tools. The ... $1k in ASML Smashed The S&P at Eve...
Ten years ago, ASML (NASDAQ:ASML) was a respected Dutch equipment maker quietly perfecting a technology most investors had never heard of: extreme ultraviolet lithography. Today, it is the sole supplier of EUV machines required to print transistors smaller than 7 nanometers, and every cutting-edge chip from TSMC, Samsung, and Intel runs through its tools. The ... $1k in ASML Smashed The S&P at Every Milestone