US job openings were much higher than expected in May, shrugging off uncertainty from Iran war
Good news for job seekers: The number of available positions in the United States increased for the second month in a row.
New data Tuesday showed that the estimated number of job openings ticked higher in May to nearly 7.6 million, from 7.59 million, setting a fresh two-year high in the process,
Read MoreTrump fired the BLS chief last year over 'rigged' data claims. New research says the move cost the US economy $20 billion
Last year, President Donald Trump took the unprecedented step of ousting Bureau of Labor Statistics Commissioner Erika McEntarfer after alleging economic data was being “rigged” without evidence. Now, research suggests Trump’s move packed a punch against the U.S. economy.
A new analysis published (1) in the Center for Economic and Policy Research from four economists indicates that the U.S.
Read MoreXRP, HYPE funds are the bright spots as investors flee bitcoin, ether ETFs
XRP and Hyperliquid’s HYPE have emerged as notable bright spots amid record outflows from U.S. spot crypto exchange-traded funds (ETFs).
XRP-linked ETFs added $59.4 million in June, a third straight month of net inflows, albeit at a slower pace than during the previous two months, according to SoSoValue data. HYPE funds notched up $161 million in net inflows during the month.
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Read MoreAre stock markets open around July 4 holiday? See stock market schedule
The annual celebration of the nation’s independence will close banks nationwide and halt most trading before the holiday has even begun.
Even though this year’s Fourth of July is on a Saturday, it will be celebrated on July 3 by the federal government and much of the country.
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Read MoreThe Asian industrial supercycle is leading to diverging interest rate paths: Morgan Stanley
Morgan Stanley’s Rajeev Sibal says central banks of Asian economies at the forefront of the AI-led investment and growth will be more likely to raise interest rates,
Read MoreThe Burst
Got $1,780? Is This The Best Investment In 2024?
Retail investors are conditioned to focus on gains but those who have been around the block and made a fortune focus first on downside risks.
That focus is one of the reasons why so many buy Berkshire Hathaway. After all, when the stock market fell by 20% in 2022, Berkshire treaded water and essentially stayed flat.
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Read MoreThe Ivy
1 Little-known Fund Goes All In On Semi Stock
Prospect Capital Advisors isn’t a big name fund but it’s put almost 10% of its fund into a single stock, Silicon Motion Technology.
For a fund overseeing hundreds of millions of dollars, this is quite a bet. Why risk it all on a little-known stock when you can follow the herd into Apple,
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