Business & Markets — June 5, 2026

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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