Private payrolls grew by 122,000 in May, stronger than expected, ADP reports
Unlike prior months, where job growth was concentrated in healthcare and a few other sectors, gains were more broad-based.
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U.S. proposes fresh tariffs on 60 economies over forced labor trade practices
USTR has proposed a 10% duty rate for economies that have adopted a full or partial prohibition on forced labor trade, and 12.5% for all other economies.
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U.S., Iran intensify attacks as ceasefire frays, peace talks stall
The regional conflict has hardened into a stalemate as the U.S. and Iran failed to turn a fragile ceasefire into a lasting peace deal.
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Job Openings Rise by 731K, the Most Since 2021
U.S. job openings increased by the most in five years in April, but the surge likely overstates the labor market's health, as hiring declined against the backdrop of economic uncertainty stemming from the Iran war.
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Gold Surpasses US Treasuries as Top Asset for Central Banks
For the first time gold has overtaken U.S. Treasuries among central banks' favored reserve assets - underscoring a dramatic shift in how governments are protecting their national wealth, the Financial Times reports. According to data cited by the Financial Times, gold ...
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Calif. Voters Have Chance to Limit State's Taxing Power
Federal law treats HSA contributions and earnings as tax-exempt. But under California's tax engineering, the interest, dividends and capital gains are treated as ordinary income. These people are not billionaires or millionaires.
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