A total of 37% of workers have tapped their retirement accounts early, according to a new report.
: How to enjoy retirement without busting your budget
Also: The “Magnificent Seven” stocks and a new group that could overtake them, and developments among electric-vehicle manufacturers.
Metals Stocks: Gold futures climb as U.S. jobs data show smallest rise since 2020
Gold prices head higher on Friday as the U.S. Department of Labor’s June jobs report revealed the smallest increase since 2020.
The Ratings Game: Rivian’s stock matches record win streak after Wedbush boosts price target by 20%
Rivian’s stock rallied Friday for an 8th-straight session, after Wedbush analyst Dan Ives boosted his price target by 20% as the EV maker sees “firm” demand.
: ‘This is the best possible jobs report’ — economists react to June employment data
Here are some initial reactions from economists and other analysts following the release of the U.S. jobs report for June.
: The U.S. economy added 209,000 jobs in June. Use our interactive to see a breakdown of these numbers by industry
Government, healthcare and construction jobs led the hiring gains.
Crypto: Binance hit by executives exit as regulatory pressure climbs
Several executives at crypto exchange Binance have recently left the company, mostly citing personal reasons, as regulatory pressure facing the company intensifies.
: Part-time work surged in June as hours cut back, U.S. jobs report says
One worrying sign emerged from June’s job markets report — there was a big pickup in the ranks of those working part-time unvoluntarily.
Market Snapshot: U.S. stocks give up gains to end lower, book weekly losses after June jobs data
U.S. stocks finished lower Friday, giving up earlier gains, after a report from the Labor Department showed a slowdown in job creation, robust wage growth and a low unemployment rate.
Economic Report: Jobs report shows gain of 209,000 jobs in June. It’s the smallest increase since the end of 2020.
The U.S. created 209,000 new jobs in June to mark the smallest increase in more than two and a half years, in a sign the labor market may be cooling.
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