U.S. stock indexes edged lower on Tuesday as labor market data heightened concerns about economic weakness, compounded by profit-taking in some of Wall Street’s high-performing stocks. The Labor Department reported that job openings fell to 8.05 million in April, below the forecasted 8.35 million, ahead of the highly anticipated nonfarm payrolls figures for May, due

In April, U.S. job openings declined more than expected, reaching their lowest level in nearly three years. This development indicates a softening labor market, which could aid the Federal Reserve’s efforts to control inflation. The Labor Department’s Bureau of Labor Statistics reported in its Job Openings and Labor Turnover Survey (JOLTS) that job openings fell

The New York Stock Exchange (NYSE) announced on Monday that it had resolved a technical issue related to Limit Up-Limit Down (LULD) bands, which led to volatility pauses for numerous stocks, including Berkshire Hathaway and Chipotle Mexican Grill. This incident, initially reported earlier in the day, caused significant price anomalies and trading interruptions. The LULD

The Nasdaq and S&P 500 experienced slight upticks on Monday, bolstered by a decline in U.S. Treasury yields that favored megacap growth stocks. Investors also took note of data indicating a second consecutive month of eased manufacturing activity in May. Major tech stocks, including Apple, Meta, and Alphabet, saw gains ranging from 1.1% to 1.7%,

In a strategic move to engage younger voters, Republican presidential candidate Donald Trump joined TikTok and swiftly garnered 3 million followers within a day. This is the same platform he attempted to ban during his presidency on national security grounds. Trump’s decision to join TikTok could significantly impact his third bid for the White House,

In a historic and unprecedented turn of events, former U.S. President Donald Trump stated on Sunday that he would accept home confinement or jail time following his recent conviction by a New York jury. However, he warned that such an outcome might be hard for the public to accept. Trump is set to be sentenced

Last week, Donald Trump became the first former U.S. president to be convicted of a felony. Despite this historic verdict, Wall Street is considering the potential impacts of a second Trump term on markets, as he remains a strong contender in the upcoming presidential election. Investors suggest that a Trump victory could boost the stock

In a landmark decision, the U.S. Supreme Court has reinstated the National Rifle Association’s (NRA) lawsuit against a former New York state official, highlighting the importance of protecting free speech from government overreach. The 9-0 ruling, penned by Justice Sonia Sotomayor, underscores that public officials must not misuse their regulatory power to suppress speech they

Federal Reserve policy statements would be more effective if they included more detailed passages explaining the central bank’s economic assessments, the factors influencing its outlook, and the associated risks, said Cleveland Fed President Loretta Mester on Tuesday. “While simplicity is often considered a virtue, it can be detrimental in policymaking, which must navigate an uncertain