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Forbes Daily: Weak Jobs Report Stokes Stock Market Rally

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This is a published version of the Forbes Daily newsletter, you can sign-up to get Forbes Daily in your inbox here. Good morning, New York Times...
Bussiness

First homebuyers are snapping up rentals as three states show signs of investor sell-off

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Ceyhun and Danielle Guengoer just bought their first home in Melbourne. It used to be a rental.For Mr Guengoer, the experience had been 60...
Bussiness

‘We’ve actually only had zags’: Senior economist reviles Chalmers’ inflation claim

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Treasurer Jim Chalmers’ claim inflation “zigs and zags on the way down” as the government eyes 2.75 per cent inflation by the end of...
Bussiness

Interest rate cuts: Major banks predictions ahead of RBA meeting

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Reserve Bank of Australia (RBA) Governor Michele Bullock said she “certainly didn’t give any impression” of an interest rate cut in 2024 when the...
Shopping

Opinion | Why short-term outlook for Hong Kong’s retail sector remains bleak

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Earlier this year, the peg was the envy of policymakers across the region as the Hong Kong dollar was the only major currency in...
Shopping

Opinion | Why short-term outlook for Hong Kong’s retail sector remains bleak

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Earlier this year, the peg was the envy of policymakers across the region as the Hong Kong dollar was the only major currency in...
Jobs

Stock market today: US indexes drop after big May jobs report resets rate-cut outlooks

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US stocks dropped on Friday as investors digested the May jobs report.A strong payroll report pushed out expectations of a Fed interest-rate cut later...
Jobs

Stock market today: Stocks slip and bond yields jump following a hotter-than-expected jobs report

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NEW YORK (AP) — Stocks slipped and Treasury yields rose sharply Friday after the government released a jobs report whose headline numbers came in...
Jobs

Asian markets track Wall St record as US jobs fuel rate cut hopes

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Asian markets extended a surge on Wall Street Thursday as another round of soft US jobs data ramped up bets on the Federal Reserve...
Jobs

An ETF for playing the jobs report, according to a strategist

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David Dietze, managing principal and senior investment strategist of Peapack Private Wealth Management, spoke with Quartz for the latest installment of our “Smart Investing”...
Jobs

Stock markets rise on US jobs data, looming eurozone rate cut

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US and European stock markets climbed Wednesday on the eve of an expected European Central Bank interest-rate cut, and as US jobs data fuelled...

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