US job growth exceeded expectations with 172,000 new jobs in May and an average of 188,000 over the last three months, reflecting strong business profitability fueled by tax cuts under former President Trump. These policies, including corporate tax reductions and full depreciation allowances, have boosted business hiring and wage increases, with average hourly earnings up 3.4% and total wage income rising 4.3%, outpacing inflation. The unemployment rate stands at 4.3%, and native-born employment has grown despite a decline in foreign-born workers. The emphasis on profitable businesses as the foundation for job creation and wage growth highlights the importance of supply-side economic measures for sustained growth.
Bluejay Diagnostics completed a private placement raising $8.5 million upfront, with potential additional proceeds of $15.2 million if warrants are fully exercised. The funds will support FDA approval processes, including clinical studies, and genera...
At B2Gold Corp's 2026 Annual General and Special Meeting, shareholders voted on key company matters with 63.06% turnout. All ten nominated directors were re-elected with strong support, and resolutions to appoint PricewaterhouseCoopers LLP as auditor...
Robbins Geller Rudman & Dowd LLP is investigating Jefferies Financial Group for possible violations of U.S. securities laws related to the bankruptcy of auto parts maker First Brands. The investigation focuses on whether Jefferies and its executives ...
Promino Nutritional Sciences agreed to settle $373,910 of convertible debenture debt by issuing 5.34 million common shares at $0.07 each. Additionally, the company extended the maturity dates of certain convertible debentures from 2025 to 2027 and lo...
Zcash faced a counterfeiting bug scare that caused market pressure and price drops. The Gemini co-founders, Tyler and Cameron Winklevoss, support Zcash's move to use formal verification—a mathematical method to ensure software security—to prevent suc...
