Business

US employers likely added 105,000 jobs in May with labor market stable despite costly Iran war

Friday, June 5 by SRN News

WASHINGTON (AP) - The American job market has climbed out of a rut. But it's still trudging along tepidly, frustrating young people and others out of work. The Labor Department is expected to report Friday that companies, non-profits and government agencies added 105,000 jobs last... Read More.

Longtime CBS correspondent Scott Pelley lived many workers’ fantasy: Telling your boss off

Friday, June 5 by SRN News

NEW YORK (AP) - As if Scott Pelley's years in a glamorous, globetrotting, seven-figure dream job weren't enough, he's pulled off one more thing to stir your envy: a cutting takedown of his boss that went loudly public. The "60 Minutes" correspondent's searing rebuke of... Read More.

Corporate regulator investigating KPMG Australia partners over audit leak scandal

Thursday, June 4 by SRN News

SYDNEY, June 5 (Reuters) - Australia's corporate regulator said on Friday it had launched a formal investigation into three KPMG Australia partners linked to whistleblower allegations the accounting firm misused confidential client data to win lucrative audit contracts. The Australian Securities and Investments Commission said... Read More.

Yen hits key 160 level for third session, dollar buoyed by Gulf woes

Thursday, June 4 by SRN News

By Jiaxing Li HONG KONG, June 5 (Reuters) - The Japanese yen is testing the 160 barrier on Friday, prompting pushback from Japanese officials, while the U.S. dollar is on track for a weekly gain as Gulf tensions fuel safe-haven flows. The yen weakened to the... Read More.

BUSINESS HEADLINES

Thursday, June 4 by SRN News

The Dow leaps to a record as oil prices ease and US stocks outside of AI rally NEW YORK (AP) - Wall Street rallied after falling oil prices and yields in the bond market eased the pressure on U.S. stocks. The S&P 500 rose 0.4%... Read More.

Stocks drop as AI rally pauses, US-Iran peace talks stall

Thursday, June 4 by SRN News

By Rae Wee SINGAPORE, June 5 (Reuters) - Asian share markets slid on Friday as investors took profits on technology stocks and turned defensive ahead of the weekend, wary of the flare-up in Middle East hostilities as U.S.-Iran peace talks remain in limbo. The Iran-backed Hezbollah... Read More.

Oil little changed on uncertainty over US-Iran peace deal

Thursday, June 4 by SRN News

By Florence Tan SINGAPORE, June 5 (Reuters) - Oil prices were little changed on Friday following sharp declines in the previous session, with prospects dimming for a near-term end to the U.S.-Israeli war with Iran after the Hezbollah militia rejected a new ceasefire in Lebanon. Brent... Read More.

China’s solar majors charge into batteries as panel sales falter

Thursday, June 4 by SRN News

By Sudarshan Varadhan and Colleen Howe SHANGHAI, June 5 (Reuters) - China's major solar panel manufacturers are ramping up higher-margin battery exports to boost revenue as growth in photovoltaic (PV) sales slows, betting on rising global demand for renewable energy storage to cut reliance on... Read More.

S&P Global keeps fast entry proposal unchanged as SpaceX listing looms

Thursday, June 4 by SRN News

June 4 (Reuters) - S&P Global said on Thursday it was not changing the rules for fast entry into their major indices, setting up a clash with Elon Musk's SpaceX which is set to start trading on the public markets next week. Musk has... Read More.

The Media Line: Israel’s Haredi Debate Becomes an Economic Reckoning

Thursday, June 4 by SRN News

Israel's Haredi Debate Becomes an Economic Reckoning Rising defense costs, demographic change, and gaps in education, employment, and military service are turning a long-running social dispute into a national fiscal challenge By Gabriel Colodro / The Media Line Israel's debate over... Read More.

Current Weather

US employers likely added 105,000 jobs in May with labor market stable despite costly Iran war

Longtime CBS correspondent Scott Pelley lived many workers’ fantasy: Telling your boss off

Corporate regulator investigating KPMG Australia partners over audit leak scandal

Yen hits key 160 level for third session, dollar buoyed by Gulf woes

BUSINESS HEADLINES

Stocks drop as AI rally pauses, US-Iran peace talks stall

Oil little changed on uncertainty over US-Iran peace deal

China’s solar majors charge into batteries as panel sales falter

S&P Global keeps fast entry proposal unchanged as SpaceX listing looms

The Media Line: Israel’s Haredi Debate Becomes an Economic Reckoning

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