: DoorDash, Uber and Grubhub sue New York City over minimum wage for delivery workers
A law set to take effect next week would decrease demand for couriers and cost companies, they say.
MarketWatch First Take: Meta’s Threads has big initial momentum, but sustaining it will be key
Will Meta be able to keep its users coming back?
: Pay hikes for switching jobs are shrinking — think twice before you jump ship
Even as employers keep up the hiring spree, pay increases for new hires don't appear to be keeping pace, according to ADP.
Distributed Ledger: Why Bored Ape cartoon monkey NFTs crashed to a two year low this week
Welcome back to the Distributed Ledger newsletter.
Market Extra: Why BofA says to own this version of the S&P 500 in the second half of 2023
Investors may be better off owning the equal-weighted version of the S&P 500 in the second half of 2023, after the popular stock-market gauge soared...
: Gold futures settle at their lowest since March
Gold futures declined on Thursday to settle at their lowest since mid-March. The gold market’s monthly runaround on U.S. jobs data has started early with Thursday’s blow-out...
: Joby Aviation stock down 13%, on track for worst in a year
Shares of Joby Aviation Inc. JOBY fell more than 13% on Thursday, on pace for their largest one-day percentage drop since June 6, 2022, and...
Movers & Shakers: Keurig Dr Pepper’s stock climbs on upgrade, Exxon shares slip after update, and other stocks on the move
Meta Platforms, Exxon Mobil and Spirit Airlines shares are all on the move.
: The reason U.S. car sales surprised Wall Street? People still overspend on cars.
Strong quarterly U.S. new-car sales surprised Wall Street this week, showing investors that rising interest rates, concerns about the health of the economy and still-limited...