Wall Street Journal
Commercial News
6/2/23
WSJ.com: US Business
Twitter Loses Second Safety Executive in Days A.J. Brown, head of brand safety and ad quality, is leaving the company, the second departure of a top safety executive this week as concerns about policing content grow. Exxon, Chevron Near Deals to Drill in Gas-Rich Algeria The North African nation?s vast reserves and proximity to Europe make it attractive to the U.S. drillers that have huge cash troves to invest. U.S. Labor Market Shows Resilience With Strong Hiring The labor market has defied expectations of a slowdown this year with 339,000 jobs added in May. The unemployment rate rose to 3.7%. JPMorgan Chase Working to Reverse Double Payments on Zelle The bank apologized after some customers complained about duplicate transactions. Times Square's Small Businesses Fight to Keep the Lights On Office-district malaise lingers in the heart of New York City. Mixed Signals in U.S. Jobs Report May?s jobs report looked confusing, with the unemployment rate jumping to 3.7% yet the number of jobs soaring. But the underlying data still show surprising strength. Jobs Report Is Unlikely to Resolve Fed Rate Debate Friday?s rosy jobs report underscores a scenario where the Federal Reserve might decide to hold rates steady in June and then raise them later this summer. |