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S&P 500, Nasdaq close at records on jobs data; Nvidia market cap nears $4 trillion ReutersDow jumps more than 300 points, S&P 500 sets new record after strong June jobs report CNBCThe Dow and Russell 2000 are joining the stock market's party. Is it a game changer for the bulls? MSNUS stocks set another record and yields leap on signals the US economy is solid AP News
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Bets on GE Aerospace, Microsoft and Visa help activist fund to first-half profits
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The latest labor market data released on Thursday reinforces the central bank's wait-and-see approach to lowering borrowing costs, despite pressure from President Trump.
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State and local government job growth boosted the U.S. labor market in June.
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President Donald Trump's megabill could have a big impact on financial-services platform Robinhood Markets.
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The strength of the labor market suggests that the economy remains robust despite uncertainty caused by President Trump's tariffs and geopolitical turmoil.
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The Trump administration's crackdown on immigrants might be the most profound change in the American labor market right now. Industries that rely on immigrant labor are especially vulnerable, as ICE continues to raid businesses believed to have unauthorized workers.
Today on the show, we talk to representatives from the agriculture, construction and long-term care industries to ask: Are people still showing up to work?
Related episodes: What's missing in the immigration debate Is the 'border crisis' actually a 'labor market crisis?'
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money via Apple Podcasts or at plus.npr.org.
Fact-checking by Sierra Juarez. Translation help by Ella Feldman. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
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U.S. employers added 147,000 jobs in June as the unemployment rate dipped to 4.1%. Job gains were concentrated in health care and state and local government.
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UK Markets Rebound as Starmer Quashes Fears of a Reeves Exit Yahoo Finance'Tough day': Reeves addresses tears in Commons after joining Starmer at NHS event BBCHow a tear or two spooked markets and dominated UK's political narrative ABC News - Breaking News, Latest News and Videos
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Lower mid-market investor Shore Capital Partners raised $450m for the final close of its third food and beverage fund, bringing its assets under management to about $13bn.
The post Shore Capital seals $450m food, beverage fund close, promotes trio to partner after success in strategy appeared first on AltAssets Private Equity News.
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Auto lenders and dealerships should not ignore car buyers with lower credit scores, Armando Hidalgo, director of servicing at SameDay Auto Finance, said in a panel discussion at the Auto Finance Summit this month in Las Vegas.
With many of those consumers "now needing credit, it is a good opportunity for us to capture some of that market," Hidalgo said. It is "also a good opportunity for borrowers to reestablish themselves."
Auto lenders can manage the risks of customers with lower credit scores by informing those consumers ahead of time and by keeping in touch with them often, Hidalgo said.
"It is up to us to make sure that we put them in the right path of success," he added.
Have a good auto finance and insurance tip to share? Email Automotive News F&I reporters John Huetter at john.huetter@crain.com and Paige Hodder at paige.hodder@crain.com. See more F&I tips at autonews.com/topic/fi-tips.
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Bridgewater Associates LP, the Ray Dalio-led hedge fund giant famous for making money during the 2008 financial crisis, has posted mixed returns amid the coronavirus-led market turmoil, according to...
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