Business & Markets — June 5, 2026
The Morning Brief Desk · · Updated June 18, 2026 · How the Brief is made
May jobs report due Friday. Economists expect hiring to moderate after stronger-than-expected job creation earlier this year. This could give the Federal Reserve more flexibility on interest rates.
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Lululemon cuts annual outlook. The athletic apparel retailer lowered full-year guidance after negative media coverage and disappointing product launches weighed on recent performance.
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Ramp reaches $44 billion valuation. The corporate spending platform raised funding led by ICONIQ, GIC and Ontario Teachers’ Pension Plan as companies seek to control AI-related expenses.
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