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One could be forgiven for thinking that last Friday’s headline showing the U.S. economy created a much larger-than-expected 339,000 jobs in May would send stocks lower rather than higher. After all, the Federal Reserve has been relentlessly increasing short-term interest rates to fight the inflation problem, and a tight job…

Check out the companies making headlines in midday trading.Palo Alto Networks — The cybersecurity stock jumped more than 4% after S&P Dow Jones Indices announced Friday postmarket it will replace Dish Network in the S&P 500, effective June 20. Dish Network dipped about 1%.related investing news3M — The industrial manufacturer’s shares slid 3%…

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. The past month’s economic data has highlighted the persistent, sticky nature of inflation…

Apple on Monday unveiled its most ambitious – and riskiest – new hardware product in years: a mixed reality headset called the Apple Vision Pro. Apple (AAPL) CEO Tim Cook touted the Vision Pro, which combines virtual reality and augmented reality, as a “revolutionary product,” with the potential to change…

The CEO of Qatar Airways has described the airline industry’s emissions goals as a “PR exercise,” saying aviation is on track to miss its target to achieve net zero status in 2050. Akbar Al Baker was speaking to CNN at the annual meeting of the International Air Transport Association (IATA),…

A rarie estate in the Ortega Ranch neighborhood of Montecito makes the most of California’s sunny skies with wide-lens views of the Pacific Ocean that span the horizon. One of only 14 homes in the private enclave, the newly renovated home sits on about 5 acres of lushly landscaped grounds.…

Editor’s Note: A version of this story appears in CNN’s Meanwhile in the Middle East newsletter, a three-times-a-week look inside the region’s biggest stories. Sign up here. Saudi Arabia surprised traders again on Sunday with an oil production cut of about 1 million barrels a day, roughly 1% of global…

Federal regulators have sued Binance, the world’s largest crypto exchange, accusing the company of running an illegal exchange in the United States and commingling billions of dollars’ worth of customer funds. The Securities and Exchange Commission, Wall Street’s primary regulator, alleges the company acted in “blatant disregard” of US securities…

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