Payrolls rose 390,000 in May, better than expected as companies keep hiring
Nonfarm payrolls were expected to increase 328,000 in May, according to Dow Jones estimates.
Fed’s Mester says inflation hasn’t peaked and multiple half-point rate hikes are needed
Cleveland Fed President Loretta Mester said she doesn't see evidence that inflation has peaked and is on board with supporting multiple rate increases.
Retirement tax breaks benefit higher earners, leaving middle-class savers behind, report finds
Tax breaks designed to boost retirement savings may primarily benefit higher earners, leaving middle-class workers behind, according to a report.
‘No different than the mortgage crisis’: NAACP President Derrick Johnson on why student loan cancellation is needed
CNBC recently spoke with NAACP President and CEO Derrick Johnson about why he won't stop talking about student debt cancellation.
Japanese lawmakers pass stablecoin bill to safeguard crypto investors
Japanese lawmakers on Firday passed a bill for stablecoins to protect crypto investors. The bill comes a month after the TerraUSD (UST) stablecoin crash that...
Bitcoin’s near-term volatility is largely irrelevant, says Michael Saylor
Bitcoin has performed poorly over the past few months, but MicroStrategy’s CEO believes that it is irrelevant in the long term. Michael Saylor, the CEO...
: Biden open to canceling $10,000 in student loans per borrower — what that means for your budget, credit score and tax bill
Median student-loan debts last year were $20,000 to $24,999, according to one Federal Reserve survey.
The Moneyist: I had a date with a great guy. I didn’t drink, but his wine added $36 to our bill. We split the check evenly. Should I have spoken up?
‘He had a Chardonnay with his salad, and a Cabernet with his main course. I don’t drink during the week and was happy to drink...
Key Words: Sen. Chris Murphy calls gun safety negotiations ‘serious,’ says Republicans are ‘at the table’
'I have never been part of negotiations as serious as these,' the Connecticut Democrat says, while pointing to a GOP gun bill as successful