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US Jobs Report Shows Evidence Labor Market Is Softening

(Bloomberg) -- US job growth steadied last month while the unemployment rate rose — a mixed snapshot of a job market hanging in the balance of quickly changing government policy.Most Read from BloombergTrump Administration Plans to Eliminate Dozens of Housing OfficesNJ College to Merge With State School After Financial StressRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’How Upzoning in Cambridge Broke the YIMBY MoldNYC’s Finances Are Sinking With Gauge Falling to 11-Year LowNon

Nasdaq plans 24-hour trading as global appetite for US stocks grows

(Reuters) -Nasdaq Inc plans to introduce 24-hour trading on its flagship U.S. exchange to capitalize on growing global demand for U.S. equities, a senior executive said in a social media post on Friday. International demand for the lucrative U.S. equity market has surged in recent years, driven by rising retail participation, increasing financial literacy, and easier access to digital trading platforms. The exchange operator has started discussions with regulators and expects to launch 24-hour, five-days-a-week trading in the second half of 2026, Nasdaq President Tal Cohen wrote in a LinkedIn post.

Top-Ranked Stock Manager, and Ex-Bear, Says Macro Angst Overdone

(Bloomberg) -- Like many of his peers over the past two years, Jeff Muhlenkamp feared a recession was nigh, prompting him to keep a big chunk of client money in cash while resisting richly valued stocks after their outsized rally.Most Read from BloombergTrump Administration Plans to Eliminate Dozens of Housing OfficesNJ College to Merge With State School After Financial StressRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’How Upzoning in Cambridge Broke the YIMBY MoldNYC’s Finan