The government predicts that the influx of immigrant workers will grow gross domestic product over the next decade by $7 trillion.
Category: Finance News
Jobless rates rise in April for all racial groups except Black Americans
The unemployment rate for Black Americans slid in April, bucking the trend in other demographic groups.
Talent war between family offices and Wall Street drives up salaries
Wealthy families are spending an average of $3 million to run their family offices, according to a J.P. Morgan Private report, and the biggest cost is staffing.
First Berkshire Hathaway annual meeting without Charlie Munger: What to expect from Warren Buffett
The absence of Charlie Munger will be on everyone’s mind when Berkshire Hathaway’s annual shareholder meeting kicks off Saturday in Omaha.
Buffett disciple Bill Stone shares key lessons he’s learned after going to 20 annual meetings
A longtime Warren Buffett disciple and a Berkshire shareholder since 1999, Bill Stone’s own investing style has been inspired by the Oracle of Omaha.
U.S. job growth totaled 175,000 in April, much less than expected, while unemployment rose to 3.9%
Nonfarm payrolls were expected to increase by 240,000 in April while the unemployment rate held at 3.8%, according to economists surveyed by Dow Jones.
Stocks making the biggest moves premarket: Apple, Amgen, Cloudflare and more
These are the stocks posting the largest moves in premarket trading.
‘Trader justice’: Ex-SocGen trader fired for risky bets claims he was made a ‘scapegoat’
A former Societe Generale trader who was fired for unauthorized risky bets has lambasted the French bank for making him a “scapegoat.”
Turkey’s inflation accelerates to nearly 70% in April
Turkey’s inflation accelerated to 69.8% annually for the month of April, the Turkish Statistical Institute reported Friday.
China’s automakers must adapt quickly or lose out on the EV boom in the face of regulatory scrutiny abroad and competition at home
Adoption of battery and hybrid-powered cars has surged in China, but an onslaught of new models has fueled a price war, while regulatory scrutiny grows abroad.