U.S. payroll growth totals 177,000 in April, defying expectations
Nonfarm payrolls were expected to increase by 133,000 in April, according to the Dow Jones consensus estimate. ...
Economy
Bank of Japan holds rates steady for second straight meeting as Trump tariffs threaten exports
In its policy decision, the central bank highlighted that it will continue to raise its policy rate "if our economic…
Auto giants ditch financial guidance as industry reels from Trump tariff chaos
The corporate updates come shortly after Trump imposed a 25% tariff on automotive imports into the U.S. earlier in the…
Microsoft passes its first test on U.S. tariffs with limited product exposure
If rising costs do push businesses to boost efficiency, Microsoft, with its Copilot artificial intelligence assistant, could be helpful, CEO…
Court finds Apple, executive lied under oath in Epic Games trial
Apple willfully violated and ignored a 2021 decision that came out of the Epic Games case, Judge Yvonne Gonzalez Rogers…
Meta says China retailers are reducing digital ad spend
Chinese online retailers have cut back their spending on Facebook and Instagram ads in reaction to President Donald Trump's tough…
JetBlue to partner with another U.S. airline in the coming weeks, president says
JetBlue plans to partner with a U.S. carrier in the coming weeks. ...
Trump complained to Bezos before Amazon said it scrapped idea to display tariff cost
Amazon founder Jeff Bezos has cozied up to President Donald Trump since the Republican won a second White House term.…
Starbucks earnings miss, but coffee chain says it’s seeing ‘momentum’ with turnaround
Shares of Starbucks have fallen 8% this year, as investors worry about tariffs and how they will affect consumer spending.…