US Politics & Business News
By Prineha Narang My career has been built at the edge of what is physically possible, predicting exotic quantum states, developing sensors that exploit the laws of nature, and teaching machines to reason about the physical world. For a long time, that work lived in journals and laboratories, but those technologies are now being rapidly…
Private hiring grew faster than expected in May, signaling continued stability in the U.S. labor market, according to a report released Wednesday by ADP. The payrolls processing firm said companies added 122,000 workers for the month, up from 105,000 in April and better than the Dow Jones consensus estimate for 110,000. May marked the strongest…
Former Fox News host Steve Hilton and reality television veteran Spencer Pratt delivered surprisingly strong performances in California’s jungle primary Tuesday night. Both men entered their respective races with thinner war chests than their establishment rivals and no prior experience in elected office. Their campaigns were built less on policy infrastructure than on raw charisma,…
Shares of TransUnion (NYSE: TRU) have received an average recommendation of “Moderate Buy” from the fourteen research firms currently covering the company, according to Marketbeat.com. A total of six equities research analysts have assigned the stock a hold rating, reflecting a cautious but not negative outlook on the company’s near-term performance. Seven analysts have issued…
The Office of the U.S. Trade Representative has proposed additional tariffs of up to 12.5% on imports from 60 economies linked to forced labor trade practices. The sweeping action targets trading partners that have failed to ban goods made with forced labor, including China, the European Union, and Japan. The determination was made under Section…
U.S. Central Command announced Tuesday that it had defeated multiple Iranian ballistic missiles and drones and launched defensive strikes against what it described as “attempted attacks” by Iran. The latest exchange of fire has further threatened a fragile ceasefire between the two nations, deepening a conflict now three months old with no resolution in sight….
Strategy (NASDAQ: MSTR) investors are “deeply concerned” by the market’s reaction to the company selling Bitcoin this week, sources told Congress.net on Tuesday. Sources told Congress.net that large institutional investors holding various MSTR products, including ordinary shares and preferred shares, are concerned that “Strategy could be forced to sell more Bitcoin” and “inadvertently cause Bitcoin’s…
Job openings climbed to their highest level in nearly two years during April, while hiring fell sharply in the same period. The Bureau of Labor Statistics reported that available employment reached 7.6 million for April, a surge of 731,000 from the prior month and the highest level since May 2024. Economists surveyed by Dow Jones…
Citigroup has raised its price objective on Seagate Technology (NASDAQ: STX) from $740.00 to $1,150.00, a substantial increase reflecting renewed analyst confidence in the stock. The Wall Street bank accompanied the upgraded price target with a “buy” rating on the data storage company, signaling a bullish outlook. The new target of $1,150.00 represents a significant…
Euro zone inflation rose to an estimated 3.2% in May, driven by double-digit energy price growth, according to official data released Tuesday. The figure climbed from 3% in April and came in line with forecasts in a Reuters poll of economists, landing well above the European Central Bank’s 2% target. Energy costs represented the highest…