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https://ift.tt/3c2I1EP The May jobs reports, Miami's Bitcoin conference, and Yellen's first overseas trip highlight the week ahead.

Bitcoin, June jobs, Zoom earnings and Powell remarks top week ahead The May jobs reports, Miami's Bitcoin conference, and Yellen's first overseas trip highlight the week ahead.

Biden administration extends bipartisan infrastructure talks into June The Biden administration said Sunday that talks over a $1.7 trillion infrastructure package would need to show a “clear direction” toward agreement by the time Congress returns from recess in early June, signaling that Democrats might be preparing to go it alone on a broad plan to rebuild roads and bridges, expand broadband service and create programs to help care for the elderly and disabled Americans.

Bitcoin trades above $36,000 as cryptocurrencies edge mostly higher Bitcoin was volatile early Monday morning beginning the day at $36,328 before slumping to a daily low of $34,401. Shortly after 3 a.m. Eastern, the cryptocurrency was trending higher again, hitting $35,964, Coindeck reported.

https://ift.tt/3vDNtpw Bitcoin was volatile early Monday morning beginning the day at $36,328 before slumping to a daily low of $34,401. Shortly after 3 a.m. Eastern, the cryptocurrency was trending higher again, hitting $35,964, Coindeck reported.

Bitcoin, ADP employment, Zoom earnings top week ahead FOX Business takes a look at the upcoming events that are likely to move financial markets in the coming days.

https://ift.tt/3uxv4t5 What are the best and worst states for military veterans nearing retirement?

Goodyear faces allegations of labor abuse in Malaysia, documents show American tire manufacturer Goodyear Tire & Rubber Co (GT.O) is facing accusations of unpaid wages, unlawful overtime and threats to foreign workers at its Malaysian factory, according to court documents and complaints filed by workers.

https://ift.tt/3fZ9VTl American tire manufacturer Goodyear Tire & Rubber Co (GT.O) is facing accusations of unpaid wages, unlawful overtime and threats to foreign workers at its Malaysian factory, according to court documents and complaints filed by workers.

Google employees shared concerns over location tracking, Arizona lawsuit reveals An ongoing lawsuit against Google by Arizona, which alleges that the tech behemoth would continue to collect location information even when users had turned tracking off, has revealed that some of Google’s own employees had concerns about the practice.

Biden proposes budget, still waiting on last Cabinet member OMB director nominee

https://ift.tt/3fx0A6o President Biden's budget blueprint predicts modest economic growth during his presidency and beyond, despite the rosy rhetoric Biden has projected on how a federal spending spree is needed to spur on job creation.

Biden's $6T budget predicts tepid economic growth for the decade President Biden's budget blueprint predicts modest economic growth during his presidency and beyond, despite the rosy rhetoric Biden has projected on how a federal spending spree is needed to spur on job creation.

https://ift.tt/3p3zYgl The equity markets in the U.S. will be closed Monday for Memorial Day.

Memorial Day: Is the stock market open? The equity markets in the U.S. will be closed Monday for Memorial Day.

Why it's so hard to fill jobs in certain states The labor-market recovery after the coronavirus pandemic and related shutdowns is playing out unevenly across the U.S., from states where there are five openings for every unemployed worker to several where historically high jobless rates persist.

California man laundered millions in Bitcoin and cash, gets 2-year sentence, authorities say A California man who admitted to operating an unlicensed virtual currency business and laundering millions in Bitcoin and cash, has been sentenced to two years in federal prison, according to a report.

Texas bans law enforcement partnerships with reality TV shows Texas Gov. Greg Abbott signed a bill on Friday that will make it illegal for law enforcement agencies in the state to partner with reality TV shows.

Republicans declare Biden’s budget proposal ‘dead on arrival’ The White House on Friday unveiled a $6 trillion budget proposal for fiscal year 2022 which would push debt levels to the highest they’ve been since World War II, and Republicans on Capitol Hill are calling the proposal “dead on arrival” in Congress.

Biden focuses on China in $715B defense budget request President Biden on Friday submitted his 2022 defense budget to Congress, which included additional investments in systems intended to help the U.S. out-compete China.

Bipartisan lawmakers introduce bill to roll back '3-martini lunch' tax break Reps. Suzanne Bonamici, D-Ore., and Peter Meijer, R-Mich., introduced a bill Friday that would eliminate a tax deduction for business meals and redirect the funds for child care.

USPS raises stamp price to 58 cents under DeJoy's 10-year plan The U.S. Postal Service announced Friday that it is increasing the price of some mailing services this summer, pushing the cost of a first-class stamp to 58 cents.

Biden touts 'fastest job creation' of any president in US history President Biden on Friday painted a rosy picture of America's economic rebound and claimed he beats all other presidents for job creation during their first three months in office.

Gold Star widow: ‘Challenging’ to seek truth about husband’s death, details didn’t add up A Gold Star widow is fighting to find the truth about her husband’s death overseas after military officials refused to provide details.

White House pushes back as Memorial Day weekend gas prices top $3 for first time in 7 years The White House on Friday moved to quell concerns of gasoline prices on Memorial Day Weekend surging above $3 per gallon for the first time in seven years.

Amazon vs. America? People want to know where products are made but Amazon doesn't want to tell you Americans overwhelmingly want to know where the products they buy are made—including ones bought online.

Mulvaney on Biden’s $6T budget plan: Modern monetary theory a ‘dangerous game’ Mick Mulvaney on what to expect from Biden’s proposed $6 trillion budget that Democrats claim will "reshape America."

https://ift.tt/3vtDhzL Senate Republican Leader Mitch McConnell said Republicans are “open to spending some more” on infrastructure after a group of GOP members put forth a $928 billion counterproposal on Thursday.

Varney: Biden wants to spend trillions to transform America along socialist lines FOX Business' Stuart Varney in his latest "My Take" on "Varney & Co." provided insight into President Biden's $6 trillion budget proposal.

https://ift.tt/3wLyqKR Americans overwhelmingly want to know where the products they buy are made—including ones bought online.

https://ift.tt/2RQBdmU Bitcoin and other cryptocurrencies, while popular among investors, don't carry the same trading protections in place for U.S. stocks.

https://ift.tt/3uroMLD U.S. stocks rallied Friday as President Biden is set to unveil his $6 trillion budget proposal.

https://ift.tt/3oVoFqE AMC and GameStop got the love this week from retail traders, which is putting an even bigger squeeze on short-sellers.

Bitcoin won’t displace stocks, exchange trading: NYSE Chair Cunningham Bitcoin and other cryptocurrencies, while popular among investors, don't carry the same trading protections in place for U.S. stocks.

Stocks climb ahead of Biden’s $6T budget proposal U.S. stocks rallied Friday as President Biden is set to unveil his $6 trillion budget proposal.

https://ift.tt/34rnXYM The U.S. Department of Justice is investigating the collapse of Bill Hwang's Archegos Capital Management, which cost big global banks more than $10 billion in losses.

AMC, GameStop, Virgin Galactic short-sellers down $2.7B this week AMC and GameStop got the love this week from retail traders, which is putting an even bigger squeeze on short-sellers.

McConnell: Republicans 'open to spending more' on infrastructure Senate Republican Leader Mitch McConnell said Republicans are “open to spending some more” on infrastructure after a group of GOP members put forth a $928 billion counterproposal on Thursday.

US Justice Department starts probe on Archegos collapse, report says The U.S. Department of Justice is investigating the collapse of Bill Hwang's Archegos Capital Management, which cost big global banks more than $10 billion in losses.

Bitcoin price slides along with other cryptocurrencies Bitcoin was trading nearly 5% lower on Friday morning.

Stock futures rise ahead of holiday weekend U.S. equity futures are trading higher ahead of the final trading session before the Memorial Day weekend.

Costco sees shipping costs rise on fresh meats, imported cheeses The Issaquah, Washington-based company reported quarterly double-digit net sales growth of 21.7% to $44.38B, up from $36.45B a year ago.

Pending home sales pummeled The lack of affordable homes continues to dog house hunters.

https://ift.tt/2TiGEvj Boeing Co. has agreed to pay $17 million in civil penalties for production lapses related to 737 aircraft models in a settlement with the Federal Aviation Administration, the agency said.

https://ift.tt/3fT0xRp The lack of affordable homes continues to dog house hunters.

https://ift.tt/3hVGPXE U.S. stock futures were little changed as investors took in a fresh batch of economic data and digested another round of retail earnings.

https://ift.tt/3oU4Ek8 Bitcoin was trading around $38,000 per coin Thursday morning, while rivals Ethereum and Dogecoin were trading around $2,700 and 33 cents per coin, respectively, according to Coindesk,

https://ift.tt/3fR1RnB U.S. equity futures were trading lower ahead of the release of major eocnomic data.

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https://ift.tt/2QZ88Wa Nvidia Corp. reported a record quarterly revenue and profit, propelled by demand for videogaming and cryptocurrency and despite a broad-based shortage of semiconductors.