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JUNE JOBS REPORT
Microsoft joins AI-driven tech layoff wave with 4,800 job cutsMicrosoft is cutting approximately 4,800 jobs, representing 2.1% of its workforce. This move follows a wave of tech layoffs and significant...- US service sector growth dips in June; employment rebounds after months of contractionUS services sector activity saw a slight dip in June as the impact of Middle East war-driven order rushes faded. However, employment reboun...
- Gold trades near two-week high on cooling US rate-hike betsGold prices are holding firm near a two-week peak, buoyed by a recent U.S. jobs report that softened expectations for immediate Federal Res...
- Charting the Global Economy: US hiring slows, eurozone CPI coolsIn Asia, Japan's economy is nearing a post-war growth record, buoyed by AI-driven exports, though some Chinese fund managers warn of an AI ...
- Bitcoin price today breaks $62,000 as whales stack $16.7 billion in BTC USD while ETFs bleed billions and crypto traders watch a key resistance zoneBitcoin (BTC USD) price analysis: Bitcoin surged past $62,000, reaching its highest point since late June, driven by significant accumulati...
- Who is Kurt Kromm? Ford worker earning over $200,000 fired over $1.95 cookie after payment kiosk failedA Ford employee, Kurt Kromm, was reinstated after being fired for allegedly stealing a cookie. Kromm, a diabetic, claimed he paid for the $...
- AI hiring outpaces overall IT recruitment in India: reportIndia's IT sector is prioritising artificial intelligence (AI) hiring, with AI roles seeing a 16% year-on-year surge in June, contrasting w...
- Muthoot Finance, Manappuram Finance, other stocks rise up to 5% as gold prices hit Rs 1.48 lakh/10 gramsGold prices surged past Rs 1.48 lakh per 10 grams on Friday, propelling shares of gold financiers like Muthoot Finance and Manappuram Finan...
- US Stock Market: Healthcare, momentum bets power hedge funds to strong H1 returnsEquity-focused hedge funds delivered impressive double-digit returns in the first half of the year, outperforming by navigating complex mar...
- US Stock Market: Soft US jobs data eases Fed rate fears, lifts market sentimentA recent U.S. jobs report, showing slower-than-expected growth and downward revisions, has eased investor fears of persistent inflation and...
- Dollar heads for weekly drop as jobs data dims Fed hike betsThe US dollar experienced its sharpest weekly decline in almost three months, driven by a weaker-than-expected June jobs report. This eased...
- US stocks today: US stocks rise as softer jobs data calms rate-hike fearsUS markets climbed after June hiring slowed more than expected, easing fears of further Fed tightening. The data pointed to a cooling but r...
- US hiring falls to just 57,000 in June amid elevated inflation, global turmoilUS employers significantly slowed hiring last month, adding just 57,000 jobs, a stark contrast to previous months. This cautious approach s...
- Gold extends gains on weak jobs data, lower oil pricesGold prices climbed on Thursday, reaching a one-week high, buoyed by weaker-than-expected U.S. jobs data and a dip in oil prices. Investors...
- US private sector job growth misses expectations in June: ADPUS private sector job growth in June fell short of expectations, adding only 98,000 positions. This marks a slowdown from May's figures, wi...
- Microsoft to cut under 2.5% of workforce in latest layoffs: reportU.S. companies have continued to trim headcount in recent months, with a fresh wave of layoffs across the technology, media and finance s...
- S&P 500, Dow Jones and Nasdaq close the first half of 2026 higher as chip stocks lead Wall Street: Here's why the US stock market ended June strongS&P 500, Dow Jones and Nasdaq today June 30: US markets concluded the first half of 2026 on a high note, with the S&P 500, Dow Jones, and N...
- US consumer confidence edges up in June; labor market perceptions deteriorateUS consumer confidence saw a slight uptick in June, buoyed by falling gasoline prices following a Middle East truce. However, this optimism...
- Why is Dow Jones down while S&P 500 and Nasdaq up today, and will US stock market continue to witness mixed trends? Explained as Wall Street ends winning half of 2026 with mixed openingWall Street opened with mixed performance on the final trading day of the first half of 2026. While the Dow Jones slipped, the S&P 500 and ...
- US job openings stayed at a surprisingly strong 7.6 million in MayDespite the economic fallout from the Iran war and soaring energy prices, the U.S. job market shows surprising strength. Job openings in Ma...
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