Will the negative jobs report hold off a September rate hike?

Churchill Downs Inc., the owner of the famous race track that hosts the Kentucky Derby and other gaming properties, is selling off nine casinos as part of a plan to focus on its horse racing and online betting platforms. Bisnow/Elizabeth Reyn Churchill Downs in Louisville, Kentucky The Kentucky-based gambling company’s stock price fell nearly 7% to…

Minutes Item 1 – Introduction The Chair opened the meeting, thanking members for sending across their wildlife nominations. The Chair provided an overview of the previous meeting including reiterating the Bank’s objectives for secure banknote design and reminding members about the suggested guidance discussed at the previous meeting. The Panel discussed the response to the…

To nearly two dozen prospective New York renters, Juan Valoy appeared to be an honest real estate broker. But prosecutors say he was a fake who pocketed $105,000 of their money. The phony broker has pleaded guilty to two cases in Manhattan and in the Bronx for a scam that included taking fees, security deposits…

The chip maker recorded its largest-ever weekly increase in market capitalization.

Key Takeaways Economic growth is stronger than headline GDP suggests. Private sector activity currently outpaces GDP, which has been dragged down by net exports.  The labor market is tight, not strong. Worker scarcity should keep jobs growth cooling and unemployment low. » Inflation likely peaked in May. Led by fading energy costs and cooling housing…

Barclays ranked first by deal value among financial services mergers and acquisitions (M&A) advisers in the first half of 2026, while Houlihan Lokey led by number of transactions, according to GlobalData’s latest league table. Using figures from its Financial Deals Database, GlobalData said Barclays advised on deals worth $37.3bn in total. Houlihan Lokey, meanwhile, worked…