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Bets on GE Aerospace, Microsoft and Visa help activist fund to first-half profits
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The market internals are strong, in stark contrast to the upside breakout in February.
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S&P 500, Nasdaq close at records on jobs data; Nvidia market cap nears $4 trillion ReutersDow jumps more than 300 points, S&P 500 sets new record after strong June jobs report CNBCThe Dow and Russell 2000 are joining the stock market's party. Is it a game changer for the bulls? MSNUS stocks set another record and yields leap on signals the US economy is solid AP News
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State and local government job growth boosted the U.S. labor market in June.
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The latest labor market data released on Thursday reinforces the central bank's wait-and-see approach to lowering borrowing costs, despite pressure from President Trump.
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The strength of the labor market suggests that the economy remains robust despite uncertainty caused by President Trump's tariffs and geopolitical turmoil.
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The Trump administration's crackdown on immigrants might be the most profound change in the American labor market right now. Industries that rely on immigrant labor are especially vulnerable, as ICE continues to raid businesses believed to have unauthorized workers.
Today on the show, we talk to representatives from the agriculture, construction and long-term care industries to ask: Are people still showing up to work?
Related episodes: What's missing in the immigration debate Is the 'border crisis' actually a 'labor market crisis?'
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money via Apple Podcasts or at plus.npr.org.
Fact-checking by Sierra Juarez. Translation help by Ella Feldman. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
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President Donald Trump's megabill could have a big impact on financial-services platform Robinhood Markets.
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Lower mid-market investor Shore Capital Partners raised $450m for the final close of its third food and beverage fund, bringing its assets under management to about $13bn.
The post Shore Capital seals $450m food, beverage fund close, promotes trio to partner after success in strategy appeared first on AltAssets Private Equity News.
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