U.S. adds a much-better-than-expected 272,000 jobs in May, but unemployment rate edges up to 4%
The U.S. economy added far more jobs than expected in May, countering fears of a slowdown in the labor market…
GameStop shares jump more than 40% as ‘Roaring Kitty’ schedules YouTube livestream for Friday
Shares of GameStop shot to session highs Thursday after meme stock leader “Roaring Kitty” scheduled a livestream on YouTube, which…
Salesforce to open new AI center in London as part of $4 billion UK investment
LONDON — Enterprise tech giant Salesforce is opening an artificial intelligence center in London, making a bullish bet on the…
U.S. appeals court rejects SEC oversight rule for private equity, hedge funds
A U.S. appeals court rejected a Securities and Exchange Commission rule intended to give investors more transparency into private funds,…
Sternlicht defends gating Starwood REIT withdrawals, hopes it will be a ‘6-month thing’ as rates fall
Barry Sternlicht, Starwood Capital Group chairman and CEO, defended his decision to cap how much money investors could pull from…
