U.S. stocks pushed higher for a fourth straight session on Thursday, led by broad-based gains across all sectors. Investors look ahead to the all-important June jobs report due out before Friday’s opening bell. The S&P 500 rallied 1.5% and the Nasdaq gained 2.3%. The Dow Jones Industrial Average added 246 points, or roughly 1.1%. The Labor Department is set to release its latest monthly employment data at 8:30 a.m. ET on Friday. Figures are expected to show a payroll gain of 268,000 — the… Source link
Read More »Biden’s grade on the economy falls by two notches
The Biden economy is still doing okay, but there was a notable deterioration from April to May in the Yahoo Finance Bidenomics Report Card. President Biden’s grade on the economy dropped from A- in April to B in May, because of the tumbling stock market and a dip in wages. Yahoo Finance uses data provided by Moody’s Analytics to measure the president’s performance on the economy in six areas, compared with seven prior presidents at the same point in their term, going back to Jimmy… Source link
Read More »Google Cloud notches another telco win with Canada’s Telus
Google Cloud has added another telco to its customer roster with the addition of Canadian service provider Telus. Google Cloud announced on Tuesday that it has signed a 10-year collaboration deal to help fuel Telus’ internal digital transformation while also jointly developing new products and services. As part of the partnership, Telus will accelerate its public cloud adoption on Google Cloud’s enterprise platform to drive greater operational efficiency across its core IT and network… Source link
Read More »