At a time when Americans and the Federal Reserve are clamoring for clear-cut data about the state of the economy, Friday’s jobs report was much more opaque than everyone had hoped. While “it’s hard not to like a lot of jobs,” as economist Dean Baker told CNN, other contents of the May jobs report add to the pile…

By James Knightley A tale of two surveys US May non-farm payrolls came in at 272k versus the 180k consensus and higher than any of the 77 forecasts submitted to Bloomberg – the range was 120-258k. Private payrolls rose 229k versus the 165k consensus expectation. There were 15k of downward…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Tesla has claimed in a court filing that a proposed $5.2bn award for lawyers who mounted a successful challenge to Elon Musk’s pay package is grossly excessive and that they deserve only…

Biden asked if he’d pardon Hunter if convicted in gun trial. Hear his response In an interview with ABC News, President Joe Biden says he will not pardon his son Hunter if he’s found guilty in his federal gun trial. CNN Political Director David Chalian joins Kasie Hunt to discuss.…

While the Financial Independence, Retire Early movement is widely popular, some people plan to do the opposite, and never retire. They work because they enjoy it. Why retire at the top of your game? The idea of working longer is becoming more common. Researchers at Pew Research Center state both…

Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for our services, all opinions are our own. The…

The race to the $25,000 EV in the U.S. car market has been won, but not in the way the auto industry wanted.Since January, Hertz Global Holdings has been in Tesla sales mode, with 20,000 electric vehicles from its global fleet, representing nearly a third of the rental-car company’s existing…

Eighty years ago, the Allied forces stormed the beaches of Normandy, France, during World War II on what would be known as D-Day. The surprise invasion ultimately led to the liberation of Nazi-occupied Europe and the end of the war itself just over a year later.Heads of state from around…

Starbucks is teaming up with Grubhub as it tries to boost sales after a challenging quarter. The coffee chain said on Thursday that most of its beverages and food will be available through the delivery provider starting in June. Today, the partnership is live in Pennsylvania, Colorado and Illinois and…

It has been just over six months since our last look at Fulgent Genetics, Inc. (NASDAQ:FLGT). This diagnostic company, like so many others in the space, is navigating through a rough patch triggered by Covid going from being a pandemic to being endemic. The company fortunately has a rock-solid balance…