News list for "jacking"

Fed officials have said they are likely to focus more on unemployment than job growth in assessing whether demand for labour is slowing. The reason is that they expect job growth to naturally slow as tighter border controls reduce the number of people available for work. When job growth slows and the unemployment rate remains stable, it may indicate that the supply of labour is falling faster than demand. The Fed's bottom line is that as long as the unemployment rate remains at current levels, t...

Jamie Cox, managing partner at Harris Financial Group, said the US labour market remained strong but was cooling. Given the heavily revised pre-farm report, I expect the Fed to resume rate-cutting mode in July. Wages are stable but likely to change in the coming months. The biggest variable in the labour market is housing, which is showing early red flags and a cooling labour market will exacerbate this trend.

The market shows that Nasdaq 100 index futures and S & P 500 index futures rose by 1%.

Digital asset banking group Sygnum announced the completion of a $58 million strategic growth round of financing, with a post-money valuation exceeding $1 billion. This round of financing was led by Fulgur Ventures, a venture capital institution specializing in bitcoin technology. New and old investors and company employees participated together, and the founding team still maintained a controlling position. The funds will be mainly used for European Union/European Economic Area market expansion...

Glassnode posted an analysis saying that long-term BTC holders are selling slowly due to the lack of a strong upside catalyst and the increased risk of a short-term pullback. The on-chain model shows key support levels: the 0.95 SSD sub-check point is at around $103,700, and the 0.85 SSD sub-check point is at $95,600. If profit-taking continues, these levels need to be watched.

Wall Street traders scaled back their bets on a rate cut after Friday's stronger-than-expected May non-farm payrolls report. Interest rate futures showed a 25 percent chance of three or more 0.25 percentage point rate cuts this year, down from 36 percent on Thursday, according to CME. The chance of one or zero rate cuts rose to 34 percent from 25 percent. (Jin Ten)

A senior White House official said Mr. Trump was considering selling or giving away the red Tesla he bought earlier this year to promote Mr. Musk's business at the White House. As of Thursday evening, the vehicle remained parked outside the West Wing.

According to market news, a growing number of large technology companies such as Apple, X, and Airbnb are exploring the adoption of cryptocurrencies.

Analysts commented on the US non-farm payroll data, which looks like a good set of numbers. Job growth was largely in line with expectations, and the unemployment rate remained at 4.2%. (Jin Ten)

Interest rate futures traders expect the Federal Reserve to cut interest rates twice this year, in September and December.

Mr. Trump said on Friday that he was "not particularly interested" in talking to Elon Musk after a social media spat between the two men yesterday. Mr. Trump told the media that Mr. Musk had "lost his mind" since leaving the administration last week. Mr. Trump "doesn't appear to be angry or even worried about the feud," reporters who interviewed him said. (ABC News)

Musk may speak with U.S. President Donald Trump's aides to ease the dispute between the two sides. (Fox News)