The Traderszone Network

So far this year, 27 global M&A deals with a value greater than $10 billion were announced, a record pace for mega-dealmaking.

U.S. Treasurys sank, sending yields soaring, after the monthly jobs report came in much stronger than expected.

OPEC again agreed to cede no ground to rival producers, keeping its faith that U.S. shale drillers and other higher-cost rivals will capitulate first.

Federal fund futures contracts show that traders see a 52 percent chance that the first Fed rate hike will come at the Fed’s second-to-last meeting of the year, based on CME FedWatch, which tracks rate hike expectations using its Fed funds futures contracts. Before Friday’s report on May jobs, traders appeared convinced that the Fed would need to wait until at least December and perhaps into next year before removing any of its monetary policy accommodation.

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The price of a private lunch with Warren Buffett is already near $1.6 million, and that is likely to grow before the auction wraps up Friday evening. The Glide Foundation, which uses the auction proceeds …

Wall Street was poised to open lower on Friday after data showed that U.S. job growth accelerated sharply in May and wages picked up, signs of momentum in the economy that could revive expectations of …

The Federal Reserve will not raise interest rates in June despite the strong May jobs report, economists said.

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