The US job market presented a complex picture in June, with the unemployment rate falling to 4.2% while the labor force participation rate dropped to its lowest point since March 2021.
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Asia-Pacific markets broadly rose in afternoon trade Friday, reversing earlier losses as investors shifted focus away from technology stocks. South Korea's Kospi saw a significant advance.
A Central Valley farmer is distributing his white nectarine harvest for free as he engages in a legal battle with Giumarra Brothers Fruit Co. over exclusive rights to the variety.
The Treasury Department has announced the initial investment options for Trump Accounts, set to launch July 4. The default will be the SPYM ETF, with more options to follow.
U.S. stock futures turned negative on Thursday, erasing earlier gains as investors anticipated the release of the June jobs report. The market also reacted to a significant drop in the semiconductor sector.
Carmakers with strong hybrid offerings are seeing sales gains, while those focused on electric vehicles face declines amid high gas prices and waning EV demand.
Meta Platforms' reported exploration into a cloud infrastructure business offering AI computing power and models led to significant stock drops for major AI infrastructure and semiconductor companies on Wednesday.
Dish DBS, a subsidiary of EchoStar, has filed for Chapter 11 bankruptcy protection in Houston, Texas, as part of a pre-packaged restructuring plan.
Cargo thieves are increasingly targeting data center supplies, with a recent recovery in Illinois involving $1.3 million in stolen equipment, including copper wire and infrastructure components.
The Japanese yen weakened to its lowest level against the U.S. dollar since 1986, prompting renewed discussions of potential intervention by Japanese authorities.