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US jobs surge as business profits and wages rise, driven by tax cuts and strong economic policies.

Market News
05 Jun 2026
Fox Business
View Source
Bullish
US jobs surge as business profits and wages rise, driven by tax cuts and strong economic policies.

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.

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Strategy hints at another Bitcoin buy after recent $75.7M purchase, holding 846,000 BTC valued at $71.8B.

Strategy hints at another Bitcoin buy after recent $75.7M purchase, holding 846,000 BTC valued at $71.8B.

Strategy Inc., led by Michael Saylor, may be preparing another Bitcoin purchase following its recent acquisition of 950 BTC for $75.7 million, bringing its total holdings to 846,000 BTC valued at $71.81 billion. Saylor's recent chart post, marked wit...

Market News
Bullish
4 hours ago
Pump.fun (PUMP) token rises 4.45% in one hour, extending 24-hour gain to 6.35%.

Pump.fun (PUMP) token rises 4.45% in one hour, extending 24-hour gain to 6.35%.

Pump.fun (PUMP) cryptocurrency token increased by 4.45% within one hour to $0.00469 on September 27, pushing its 24-hour gain to 6.35%. The price moved up from $0.00449 to $0.00469 based on Binance spot market data. During this period, $10,000 in lon...

Market News
Bullish
4 hours ago
DeFi must improve 5-10x to attract institutional capital, says Jupiter Exchange COO.

DeFi must improve 5-10x to attract institutional capital, says Jupiter Exchange COO.

Jupiter Exchange's COO Kash Dhanda argues that decentralized finance (DeFi) needs to be five to ten times better than traditional finance to attract serious institutional investment. To support this, Jupiter restructured its platform into three pilla...

Protocol Fundamentals
Bullish
4 hours ago
Three farm stocks—Deere, ADM, and Bunge—offer different dividend plays tied to America's agriculture cycle.

Three farm stocks—Deere, ADM, and Bunge—offer different dividend plays tied to America's agriculture cycle.

Deere, ADM, and Bunge represent three distinct points in the agricultural supply chain, each offering dividend income to investors but with varying risk and growth profiles. ADM and Bunge profit from processing and moving crops, with ADM showing stro...

Market News
Neutral
4 hours ago
Solana ETFs see record $188M inflow in biggest week since launch amid rising institutional interest

Solana ETFs see record $188M inflow in biggest week since launch amid rising institutional interest

Solana ETFs attracted a record $188.21 million in inflows during the week of September 21-25, 2026, marking their strongest week since launching late last year. This surge reflects growing institutional demand driven by recent price rallies in the br...

Market News
Bullish
4 hours ago
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