Job seekers giving up: Labor force participation rate falls to lowest in 50 years, outside of Covid era
A now hiring sign is posted in the window of a Chipotle restaurant on June 5, 2026 in Los Angeles, California.
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On the surface, a June drop in the unemployment rate helped provide some upside to what was an otherwise downbeat jobs report — but it was for all the wrong reasons.
Sandwich chain Jersey Mike's files for IPO, reports 50% same-store sales growth in recent years
In this photo illustration, a Jersey Mike's cup is displayed outside of Jersey Mike's restaurant on April 21, 2026 in Los Angeles, California.
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Sandwich chain Jersey Mike's filed for an initial public offering on Thursday, reporting that its same-store sales cumulatively climbed 50% from 2020 through 2025.
Medicare will start covering obesity drugs for the first time. Here's what patients should know

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Millions of older Americans in Medicare are about to receive a benefit that has never existed before: coverage of obesity drugs.
Do you really, really love your job? Then you're not alone, according to surprising results from this survey
Lim Kok Thay, executive chairman of Genting Bhd, center, takes a ceremonial first dice roll alongside rapper Nasir "Nas" bin Olu Dara Jones, center right, and Donovan Richards Jr., Queens borough president, third right, at Resorts World New York City (RWNYC) casino in the Queens borough of New York, US, on Tuesday, April 28, 2026.
Trump claims Iran deal is 'unconditional surrender,' says his power has 'no limits': Axios
U.S. President Donald Trump talks as he meets French President Emmanuel Macron for a bilateral meeting at Hotel Royal Evian on June 15 in Évian-les-Bains, France.
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Jim Cramer says next week's economic data will drive the markets

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CNBC's Jim Cramer on Thursday said a light earnings calendar next week will concentrate investors' focus on a handful of key reports and economic data releases.
Here are the five big takeaways from Kevin Warsh's first meeting as Fed chairman

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The Federal Reserve and Chairman Kevin Warsh on Wednesday followed the script on interest rates closely, voting to keep the benchmark level steady, but dropped several surprises that kept markets guessing about where things are heading. Markets didn't like it, with major averages swooning after the meeting and as Warsh spoke in his news conference.
Bank of England holds interest rates at 3.75% amid Iran war peace prospects
A person shields themselves from the rain while walking near the Bank of England building on the day the Monetary Policy Committee lowered interest rates, in London, Britain, Dec.18, 2025.
Fed holds interest rates steady: Here's what that means for credit cards, savings rates, mortgages and car loans
Chairman of the Federal Reserve Kevin Warsh delivers remarks after being sworn in during a ceremony in the East Room of the White House on May 22, 2026, in Washington.
Warsh's Fed is likely to hold rates steady — what the leadership change could mean for your money

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"A Trump-friendly Warsh would probably still try to toe the line between sounding neutral and acknowledging that hikes are a possibility," according to a June 11 research note by Capital Economics.