Data shows young college grads are feeling the brunt of the labor market slowdown.
Walmart-backed fintech OnePay is bringing crypto to its banking app, sources say
The move shows that OnePay, founded by Walmart and venture firm Ribbit Capital in 2021, sees crypto as a core offering as it builds out its “everything app.”
Stocks making the biggest moves midday: Starbucks, FICO, Acadia Healthcare & more
These are the stocks posting the largest moves midday.
Tom Lee sees S&P 500 topping 7,000 by year-end, says don’t be fooled by shutdown calamity talk
“We would not lean bearish because of shutdowns,” Lee wrote in a note to clients Thursday. “If stocks are down, we would be dip buyers.”
Report shows hiring at lowest since 2009 as economists turn to alternative data during shutdown blackout
The data points fill in some gaps on information that usually comes from the Labor Department but are delayed because of the shutdown.
Stocks making the biggest moves premarket: Occidental Petroleum, Lithium Americas, Fair Isaac & more
These are the stocks posting the largest moves premarket.
Treasury Secretary Bessent says U.S. GDP could take a hit from the government shutdown
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Berkshire Hathaway to buy Occidental’s OxyChem for $9.7 billion, in Buffett’s biggest deal in three years
Warren Buffett is staying active even as he gets ready to hand over the CEO reins at the end of this year.
Trump Jr. dismisses crypto conflicts of interest, says dad’s not checking blockchain ledgers
Donald Trump Jr. and Zach Witkoff dismissed concerns regarding the project’s political ties as “complete nonsense,” at a major crypto event in Singapore.
SK Hynix shares hit multidecade highs, Samsung also surges as chipmakers partner with OpenAI
The partnership will “focus on increasing the supply of advanced memory chips essential for next-generation AI and expanding data center capacity in Korea.”