Today's Top Story

Las Vegas ballpark pitch revives debate over public funding for sports stadiums
The proposal to help finance a new ballpark for Major League Baseball's Athletics in Las Vegas has revived nationwide debates about public funding for private stadiums, pitting Nevada’s powerful tourism industry and labor unions against some progressive groups raising concerns about ceding tax revenue when services such as public schools are funded below the national average Read More
Business News
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Slow start to New York's legal pot market leaves farmers holding the bag
New York's fledgling marijuana market doesn't have enough licensed retailers to sell the 300,000 pounds (136,000 kilograms) of cannabis grown by farmers in the state
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Stock market today: Wall Street leaps, nearly escapes its bear market after strong jobs report
Stocks rushed higher after a strong report on the U.S. job market eased Wall Street's worries about a possible recession
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US hiring jumped last month. So did unemployment. Here's what that says about the economy
The nation’s employers stepped up their hiring in May, adding a robust 339,000 jobs, well above expectations and evidence of enduring strength in an economy that the Federal Reserve is desperately trying to cool
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Economic News
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Stock market today: Wall Street leaps, nearly escapes its bear market after strong jobs report
Stocks rushed higher after a strong report on the U.S. job market eased Wall Street's worries about a possible recession
-
US hiring jumped last month. So did unemployment. Here's what that says about the economy
The nation’s employers stepped up their hiring in May, adding a robust 339,000 jobs, well above expectations and evidence of enduring strength in an economy that the Federal Reserve is desperately trying to cool
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US employers added a robust 339,000 jobs in May in sign of a still-healthy labor market despite Fed rate hikes
US employers added a robust 339,000 jobs in May in sign of a still-healthy labor market despite Fed rate hikes
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Money News
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Meta sells Giphy for $53M to Shutterstock after UK blocked GIF platform purchase
Shutterstock said Tuesday it’s buying Giphy from Meta Platforms for $53 million, in the final step to unwind the deal blocked by British regulators, who prevented the Facebook owner from purchasing the GIF-sharing platform over competition concerns
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Street traders offer a better bargain than stores as Zimbabwe's currency crumbles
Shoppers in Zimbabwe are increasingly turning to street traders to buy what they need as the local currency plunges in value against the U.S. dollar
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The average long-term US mortgage rate rose to 6.39% this week, Freddie Mac says
The average long-term U.S. mortgage rate edged higher this week after a two-week drop, a modest move in line with a mostly moderate shift in home loan rates in recent weeks
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