Fresh signs of cooling emerged in the U.S. economy as June payroll growth came in at just 57,000, far below expectations, even as unemployment dipped to 4.2% and layoffs stayed relatively contained — a reminder that the labor market is slowing more than cracking. In corporate new...
Fresh signs of cooling emerged in the U.S. economy as June payroll growth came in at just 57,000, far below expectations, even as unemployment dipped to 4.2% and layoffs stayed relatively contained — a reminder that the labor market is slowing more than cracking. In corporate news, succession and governance shifts continue to ripple through the Tata empire, with Mehli Mistry stepping down from RNT Associates as control arrangements tied to Ratan Tata’s estate take effect. In India’s capital markets, Carlsberg is reportedly testing investor appetite with a confidential filing for an IPO of its local unit that could raise up to $700 million, underscoring the country’s draw for global consumer companies. Meanwhile, routine but closely watched insider-reporting filings from Perma-Fix and Citigroup added to the day’s steady drumbeat of regulatory disclosures.
Top Business stories
- US employers add 57,000 jobs in June as unemployment rate falls to 4.2% (8 sources)
- Carlsberg confidentially files draft papers for India IPO to raise up to $700 million (7 sources)
- Mehli Mistry resigns from board of RNT Associates, Ratan Tata’s family investment office (6 sources)
- Delaware judge rules JPMorgan must keep paying Charlie Javice’s legal bills (4 sources)
- King River completes first drilling at Mindoolah, moving to deeper gold targets (4 sources)
- FPIs withdraw ₹49,340 crore from Indian equities in June, 2026 outflows hit ₹2.7 lakh crore (4 sources)
- Ratnadeep Retail files draft IPO papers with SEBI to raise ₹400 crore (4 sources)
- PLC Resources identifies new gold target at Abbotts North in WA’s Murchison (4 sources)
Brooke Webley
Author at IfHighLow
