U.S. Job Growth Surpasses Expectations with 172,000 Positions Added in May
U.S. employers boosted payrolls by 172,000 jobs in May, doubling forecasts and marking three consecutive months of job growth amid economic uncertainty.
Latest news
Markets & Macro
Markets & Macro
U.S. Job Growth Holds Steady Amid Economic Pressure From Iran Conflict
U.S. employers added 172,000 jobs in May while unemployment remained at 4.3%, showing labor market resilience despite rising energy costs linked to the Iran war.
Crypto & Fintech
US Senators Urge Regulators to Establish Clearer Capital Rules for Crypto Banking Activities
A group of US Senators called on bank regulators to develop a risk-based, balanced capital framework that treats crypto assets fairly and supports responsible banking engagement.
Trade & Tariffs
Pickwick Street Fair Expands with 80 Artists, Live Music, and Kids Zone on June 6
The Pickwick Street Fair returns for its fifth edition on June 6, featuring an expanded lineup of 80 artists, live performances under a covered stage, and a children’s activity zone.
Trade & Tariffs
John Bolton to Plead Guilty in National Security Case, Faces Heavy Fine
John Bolton has agreed to plead guilty to illegally retaining sensitive national security information, accepting a substantial fine and dropping numerous other charges.
Markets & Macro
US Job Growth Surpasses Expectations in May, Supporting Federal Reserve’s Interest Rate Pause
Employment rose significantly last month with stronger job additions and steady unemployment, reinforcing the Federal Reserve’s cautious stance on pausing interest rate cuts.
Crypto & Fintech
Upcoming FOMC Meeting Signals Stable Interest Rates, Uncertain Impact on Bitcoin
The Federal Reserve’s latest policy decision is poised to maintain interest rates, with potential consequences for Bitcoin’s price depending on market reactions.
Corporate Power
Zara Debuts Expanded Flagship on Bond Street with Immersive Shopping Experience
Zara reopened its enlarged Bond Street store featuring innovative design, dedicated product floors, and a new kidswear collaboration event highlighting its evolving retail strategy.
Markets & Macro
British Columbia Adds 25,000 Jobs in May Amid Steady Unemployment Rate
British Columbia’s employment rose by 25,000 jobs in May, partially recovering losses from earlier this year while the provincial unemployment rate held steady.
AI & Tech Regulation
Leading AI Labs May Need to Pause Development to Address Societal Challenges
Anthropic urges a coordinated slowdown in advanced AI development to allow society and safety research to adapt to rapidly accelerating AI capabilities.