Job growth in May came out surprisingly strong, pushing back on lingering fears of a broader economic slowdown.
Cut off from the West, Putin says almost 40% of Russian trade turnover is now in rubles
Speaking at the St. Petersburg International Economic Forum (SPIEF), Putin said countries “friendly to Russia” were the ones that deserved special attention.
U.S. adds a much-better-than-expected 272,000 jobs in May, but unemployment rate edges up to 4%
Nonfarm payrolls were expected to increase by 190,000 in May, according to economists surveyed by Dow Jones.
Stocks making the biggest moves premarket: GameStop, Lyft, Vail Resorts and more
These are some of the stocks posting the largest moves in premarket trading.
The U.S. added 600,000 new millionaires last year as AI fueled markets
America’s millionaire population grew 7.3% in 2023 to 7.5 million people, according to a report from Capgemini. Their combined fortunes grew to $26.1 trillion.
Credit Suisse bondholders sue Switzerland in the U.S. over $17 billion writedown of AT1 debt
A group of Credit Suisse bondholders have filed a lawsuit over the Swiss government’s decision to write down the failed bank’s Additional Tier 1 debt.
War, what war? Putin looks to woo new business partners willing to overlook its invasion of Ukraine
The days of scores of Western business leaders and heads of state attending the St. Petersburg International Economic Forum are long gone.
Chinese electric car company Nio to enter Middle East this year amid global expansion by peers
Chinese EV company Nio plans to expand to the Middle East this year, and begin delivering vehicles under a third brand in the first half of next year.
China’s Alibaba is courting European and U.S. small businesses as it goes global
Chinese e-commerce giant Alibaba is ramping up its global expansion with new services aimed at attracting small businesses in the U.S. and Europe.
Stocks making the biggest moves after hours: Vail Resorts, DocuSign, Samsara, Braze and more
These are the stocks posting the largest moves in extended trading.