ADP Says Private-Sector Hiring Stayed Strong Last Month
Private companies added a net 122,000 jobs in May, ADP said, compared with 105,000 additions in April and economists expectations of 110,000 new jobs.
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Oil Prices Rise as Fighting Flares Between U.S. and Iran
Brent crude and WTI prices were rising on Wednesday after an exchange of fire between American and Iranian forces.
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U.S. Proposes New Duties Over Forced Labor in Renewed Tariffs Push
The Office of the U.S. Trade Representative said products of Canada, Mexico, Taiwan, the EU and the U.K., among other countries, would face a 10% duty.
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Swiss Private-Equity Giant Caps Investor Withdrawals, Sparking Share Selloff
Partners Group's CEO said the limits on redemptions were driven by jitters among wealthy clients toward private markets more broadly.
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U.S. Stock Futures Mixed Ahead of Private Payrolls Data
U.S. stock futures are mixed, with contracts tied to the Dow industrials dipping after all three major indexes hit fresh records Tuesday.
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OECD Warns of Severe Global Slowdown If Middle East Conflict Is Prolonged
Should the disruption to energy production and shipping stretch well into next year, global growth could slide to 2.1% in 2026-the weakest this century outside 2009 and 2020.
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U.S., Iran Exchange Fire, With Drone Attack Closing Kuwait Airport
The fresh fighting was the most intense in months and came as diplomatic efforts have stalled.
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Bank of Japan Could Raise Rates Even If Mideast Uncertainty Persists
Japan's central bank could look past Middle East uncertainty and raise interest rates if inflation becomes a bigger threat to the economy than the risk of slowing growth, Gov. Kazuo Ueda said.
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ECB Rate Hike Risks Repeat of Earlier Misstep
The central bank looks set to raise its key interest rate next week, seeking to send a strong message on inflation at a time when the eurozone economy is at risk of a slide into recession.
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Berkshire Hathaway and Japanese Builders See the Same Opportunity in U.S. Housing
Stocks look cheap, and there is a need for innovation in residential construction.
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Australia's Economic Growth Slows
Australian economic growth slowed in the first quarter of the year, when the central bank started raising interest rates and the Middle East conflict sent fuel prices surging.
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America's Data Center Build-Out Is Falling Way Behind Schedule
Google, which is raising a fresh $80 billion, has a strategy for getting around the biggest bottleneck.
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U.S., Canada Exchange Proposals to Move Trade Talks Back to Higher Gear
Canadian officials said they had a lengthy and positive meeting in Washington with U.S. Trade Representative Jamieson Greer as they try to move talks between Ottawa and D.C. on more a fruitful path.
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EU Makes Bid to Cut Reliance On U.S. Tech Infrastructure
The commission outlined a tech sovereignty package with policies targeting a range of tech infrastructure, from semiconductors to cloud services, data centers and AI.
(END) Dow Jones Newswires
June 03, 2026 09:00 ET (13:00 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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