Author: Daniel snow

[ad_1] ISM services index returns to positive territory in June. Tariff-related inflation a big worry. [ad_2] Source link

[ad_1] Legislative Hall, the Delaware State Capitol, in Dover, DelawareAimintang | Istock | Getty ImagesState and local government job growth powered the U.S. labor market’s expansion in June.Federal data released Thursday shows government jobs saw the largest month-over-month sector growth at 73,000. That means government jobs accounted for about half of the 147,000 total nonfarm payroll growth in June.”Government at the state and local levels did much of the hiring in June,” said Mark Hamrick, senior economic analyst at Bankrate. That helped “the total payrolls number to top expectations.”Looking under the hood, those increases were concentrated outside of Washington, D.C.State…

[ad_1] U.S. President Donald Trump wears a “Gulf of America” hat as he boards Air Force One to depart for Florida, at Joint Base Andrews, Maryland, U.S., July 1, 2025. Evelyn Hockstein | ReutersPresident Donald Trump said he will speak to Russian President Vladimir Putin on Thursday at 10 a.m. ET.The call comes two days after the U.S. said it would halt some missile and ammunitions shipments to Ukraine, which continues to fight off invading Russian forces.U.S. Defense Secretary Pete Hegseth ordered the pause weeks after ordering a review of America’s munitions stockpile, sources told NBC News.White House spokeswoman Anna…

[ad_1] The Tripadvisor logo is displayed on a tablet.Mateusz Slodkowski | Sopa Images | Lightrocket | Getty ImagesTripadvisor stock jumped 10% Thursday after Starboard Value revealed a more than 9% stake in the online travel company, according to a securities filing.The position was valued at about $160 million as of Wednesday’s close.Tripadvisor shares have been flat since the start of the year after plummeting more than 30% in 2024. Last year, the travel review and booking company said it created a special committee to explore potential options.Starboard Value has gained a reputation for pushing for changes such as new CEOs…

[ad_1] Cecilie_arcurs | E+ | Getty ImagesYoung Americans will play a significant role in shaping workplaces in the decades ahead, and a new study conducted by Generation Lab for CNBC takes a look at how they feel about work-life balance and corporate culture.One finding of note: younger employees are back at job sites, and they’re okay with it.Just over half (52%) of those polled say they’re at work now “every day.”  The majority of in-office numbers rise to a combined 86% when including those in four days a week (21% of respondents), and those in three days (15%).For the majority…

[ad_1] My top 10 things to watch Thursday, July 3 1. Wall Street is set for a higher open after better-than-expected June job creation. The S & P 500 closed at another record high yesterday as President Donald Trump announced a Vietnam trade deal. Investors are also watching House voting on the Trump-backed megabill of spending and tax cuts. The U.S. stock market closes early today and is closed tomorrow for the Fourth of July. 2. The government this morning reported 147,000 nonfarm job additions for last month. The unemployment rate dipped to 4.1% versus expectations of a slight rise…

[ad_1] Panera Bread co-founder Ron Shaich coached Johnny Pork Roll founder John Yarusi on clearing one of entrepreneurship’s greatest hurdles: proof of concept. [ad_2] Source link

[ad_1] Cans of Molson Coors Brewing Co. Miller Lite and Coors Light brand beerDaniel Acker | Bloomberg | Getty ImagesAmericans may spend more on common barbeque items this Fourth of July with prices on products like beer, outdoor folding chairs and grill tools higher, according to a new congressional report.The total cost of a typical grocery trip for a cookout has increased by a 12.7% annualized rate since President Donald Trump’s sweeping tariff announcement in April, according to the analysis by the Joint Economic Committee’s Democratic minority arm. It calculated the price increase using consumer price index data for the…

[ad_1] People move through Newark Liberty International Airport following a news conference by Transportation Secretary Sean Duffy at the airport, where he announced the reopening of a major runway at the airport, nearly two weeks ahead of schedule on June 2, 2025 in Newark, New Jersey. Spencer Platt | Getty ImagesMillions of travelers are expected to fly over the July 4 holiday period, but the outlook for the rest of the year still looks murky as airlines wrestle with too many flights and not enough demand.”The summer is on sale, which certainly implies lower fares,” Southwest Airlines CEO Bob Jordan…

[ad_1] The U.S. added a decent 147,000 jobs in June that pointed to resilience in the labor market, but the pace of hiring has slowed since last year as businesses grapple with trade wars and an immigration crackdown. [ad_2] Source link