Myles Udland's profile photo

Myles Udland

New Jersey

Senior Director, Head of News at Yahoo Finance

Head of News, @YahooFinance

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Articles

  • The US labor market is creating new jobs, but maybe not yours

    2 weeks ago | aol.com | Myles Udland

    This is The Takeaway from today's Morning Brief, which you can sign up to receive in your inbox every morning along with:The chart of the dayWhat we're watchingWhat we're readingEconomic data releases and earningsYour own job is a binary event — you either have one or you don't. Labor market data so closely tracked by investors offers a different story about US employment, one told in the aggregate.

  • The US labor market is creating new jobs, but maybe not yours

    2 weeks ago | yahoo.com | Myles Udland

    Your own job is a binary event — you either have one or you don't. Labor market data so closely tracked by investors offers a different story about US employment, one told in the aggregate. And reconciling the two right now has made discussion about the overall state of the US job market particularly rich. In May, the US economy added 139,000 new jobs while the unemployment rate held steady at 4.2%.

  • Circle stock soars over 160% after IPO as stablecoin giant makes market debut

    3 weeks ago | ca.finance.yahoo.com | Myles Udland

    Circle stock (CRCL) exploded higher in its first day of trading on Thursday, rising as much as 200% at session highs after the stablecoin issuer made its long-anticipated public market debut. At market close, shares settled at $83.23, up 168% from their IPO price of $31. Shares were halted for trade more than once during the day due to volatility as the stock rose rapidly after opening at around $69 apiece.

  • Circle stock soars over 190% after IPO as stablecoin giant makes market debut

    3 weeks ago | aol.com | Myles Udland

    Circle stock (CRCL) exploded higher in its first day of trading on Thursday, rising as much as 200% in afternoon trading after the stablecoin issuer made its long-anticipated public market debut. Shares were halted for trade more than once during the day due to volatility as the stock rose rapidly after opening at around $69 apiece. The company priced its IPO at $31 on Wednesday night. At session highs, the company's market capitalization stood north of $20 billion.

  • Fed Chair Powell outlines plans to cut 10% of staff in coming years

    1 month ago | ca.finance.yahoo.com | Myles Udland

    Federal Reserve Chair Jerome Powell laid out plans to trim the central bank's workforce by 10% across its system in the coming years, according to a message sent to Fed staff Friday obtained by Yahoo Finance.

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Myles Udland
Myles Udland @MylesUdland
6 Jun 25

BofA's Hartnett tracking the "Bros vs Base" trade Big guys stay winning https://t.co/in58ZkspfJ

Myles Udland
Myles Udland @MylesUdland
6 Jun 25

May jobs report right down middle -- NFP +139k (+126k est) U3 4.2% (4.2% est) Wages slightly hotter than forecast. Revisions slightly negative. https://t.co/uHdWGiR8Yy

Myles Udland
Myles Udland @MylesUdland
5 Jun 25

the Trump-Xi phone call was today