The overall U.S. unemployment rate inched lower in June, but a negative trend in employment among Black workers may be developing.
SEC seeks rule change that could cause fund managers to take less risk
The rule change involves lowering the bar for indemnification of fund managers to “ordinary negligence” from “gross negligence.”
China hits Alibaba affiliate Ant Group with $985 million fine for violating various regulations
China’s central bank hit Alibaba affiliate Ant Group with a 7.12 billion yuan fine ($985 million) on Friday.
The No. 1 way to grow your wealth, according to a self-made millionaire: It’s ‘deceptively simple’
Growing your wealth should be boring, Ramit Sethi says. He shares three strategies that allow you to grow your money long-term.
Op-ed: Cruise line stocks are a light on the horizon for investors seeking diversification
Market breadth improved as of late May and leadership expanded to cyclical sectors. One place for investors seeking diversification could be cruise companies.
Payrolls rose by 209,000 in June, less than expected, as jobs growth wobbles
Nonfarm payrolls were expected to increase by 240,000 and the unemployment rate to fall to 3.6% in June.
Stocks making the biggest premarket moves: Levi Strauss, Biogen, Alibaba and more
These are the stocks posting the largest moves in the premarket.
Southeast Asia’s IPO market is an investor favorite amid global headwinds, Deloitte says
Southeast Asia’s initial public offering market is showing promising signs amid a global IPO slowdown in the first half of 2023, said a new Deloitte report.
Meta touches 17-month high after Threads platform launch. Here’s what the pros are saying
Pros on CNBC discussed Meta after the social media company launched its Threads platform to rival Twitter.
Payrolls report Friday likely to show a jobs market that is still hot
The consensus estimate is that payrolls rose by another 240,000 in June and the unemployment rate is projected to nudge lower to 3.6%.