Hot Jobs Data

Dollar Gains After Hot Jobs Data as Traders Price In Rate Hikes

Hot jobs report puts Fed cuts further out of reach as Chair Warsh faces policy tests

Another big jobs report in May has pretty much swept aside the possibility of interest rate cuts anytime soon — and in the process underscored the tricky policy path ahead for new Federal Reserve Chair Kevin Warsh. The chance of rate reductions already had been on life support heading into Friday's nonfarm payrolls report. But the unexpectedly strong gain of 172,000, compounded by sharp upward revisions for prior months, makes the case for policy easing even weaker, particularly considering...

Here are the 4 big things we're watching in the stock market in the week ahead

Earnings season isn't over just yet. Plus, there are plenty of other important updates coming our way this week, from influential tech conferences to jobs data and spin-off milestones. Let's dive into it all.

SpaceX aims for world’s largest IPO amid fears it is ‘significantly overvalued’ – business live

Rolling coverage of the latest economic and financial newsSpaceX’s $1.75trn is ‘stratospherically high’, warns Michael Hewson, senior market analyst at iForex, which might put some investors off taking part in the IPO:In what looks set to be one of the most hotly anticipated IPOs in years, SpaceX is set to blast off on 12th June as it looks to raise up to $75bn from investors at $135 a share, which would value the company at an eye-popping $1.75trn. This eye watering valuation looks set to...

ECB, BoE weigh ‘two possible mistakes’ as Iran war bites

European Central Bank President Christine Lagarde and Bank of England Governor Andrew Bailey will spend the summer trying to shake off the ghosts of their past inflation mistakes as they move to combat spiraling prices. Europe’s most powerful economic officials face a haunting dilemma: how to respond to the Iran war without repeating the errors that followed the Covid pandemic and Russia’s invasion of Ukraine. Their decisions will shape the continent’s economic future for years to come — and...

Japanese investors make biggest foreign stock exit in five years in May

Japanese investors make biggest foreign stock exit in five years in May June 8 : Japanese investors sold foreign stocks at the fastest pace in about five years in May, as caution over Middle East hostilities and concerns that a tech-driven market rally had run too far weighed on sentiment. They sold foreign stocks of a net 2.72 trillion yen ($16.98 billion) during the month as they logged the largest net withdrawal since April 2021, data from Japan's Ministry of Finance (MOF) showed on...

Anatomy of a high-performance EP kernel

Anatomy of a high-performance EP kernel Large language models are large. Because they’re large, we need lots of GPUs to run them. It would be nice if LLM inference were ‘embarrassingly parallel’ and we could just always compute independent things on different GPUs.

Anthropic/OpenAI may be spending more than $1000 for every $100 you pay them

For reasons that will remain hidden, we resume writing about Generative AI/LLM after a hiatus of 15 months (that one from October 2025, and the one from June 2025, don’t really count as serious pieces). Today, the first of two articles about “coding with Large ‘Language’ Models”, as coding with LLMs is positioned as the ‘killer app‘ for LLMs. We interrupt this program for a short digression on Anthropic’s recently released blog post When AI builds itself.

Crystal Nights by Greg Egan

Publication history - Interzone #215, April 2008. - Free podcast at Transmissions From Beyond. [Site no longer active] - Oceanic (collection, Orion) -

Here are the 6 big things we're watching in the stock market this week

Earnings season for Club names has come to an end, but that doesn't mean the excitement has. This coming week is packed with market-moving inflation data and two key corporate events. Apple's Worldwide Developers Conference starts its five-day run on Monday, and Apple is expected to raise the curtain on a new, conversational Siri assistant, powered by Google's powerful Gemini artificial intelligence model.