The European Central Bank’s Christine Lagarde has declined to rule out an early end to her term as president, as she mulls a foray into French politics.
Citadel’s hedge funds post broad first-half gains, top performing strategy sidesteps quant selloff
The hedge fund firm’s tactical trading fund, which combines discretionary equity investing with quantitative strategies, climbed 14.3% through the end of June.
Job seekers giving up: Labor force participation rate falls to lowest in 50 years, outside of Covid era
A drop in the unemployment rate helped provide some upside to what was an otherwise downbeat jobs report — but it was for all the wrong reasons.
U.S. economy added 57,000 jobs in June, less than expected; unemployment rate at 4.2%
Nonfarm payrolls were expected to rise by 115,000 in June while the unemployment rate held steady at 4.3%.
Stocks making the biggest moves premarket: Sandisk, Robinhood, Palantir & more
These are the stocks posting the largest moves premarket.
SpaceX may emerge as ultimate blueprint for new wave of mega-cap IPOs
“It would not surprise me at all to see a similar dynamic play out with some of these [IPOs] set to come in the months ahead,” the Kathmere Capital CIO says.
Europe wants to rebalance trade with Beijing, but can’t quit Chinese air conditioners
An historic heat wave has driven unprecedented demand for Chinese-made air conditioners in Europe, underscoring the tough task Brussels faces in rebalancing trade with Beijing.
Alibaba-affiliate Ant Group rushes into humanoid robots with a dozen deals in 18 months
Ant has led a 500 million yuan ($73.59 million) funding round in humanoid robotics company Zeroth, the start-up announced Thursday.
World Cup could boost the June jobs report by 40,000, Goldman estimates
Nonfarm payrolls are projected to post a gain of 115,000, according to the Dow Jones consensus.
Prolific tech analyst Dan Ives is exiting Wedbush for a new venture
Ives said the new firm will seek to build what he described as a “modern merchant bank.”