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1 min read

A short recession in the US would be better for most investors than a soft landing, economist says

A short recession is the only thing that will get the Fed to cut interest rates, an economist said.

Aruni Soni   


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4 mins read

The stock market's dream scenario has been revived

Investors appear to be getting the best of both worlds: falling inflation and a resilient US econom…

Jennifer Sor   


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2 mins read

Why gold prices just hit a new record

Gold jumped past $2,500 per ounce on Friday, reaching a new all-time high. The metal is rallying on…

Filip De Mott   


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Stock market today: Dow soars 555 points as strong economic data calms recession worries

Indexes rose Thursday as investors reacted to a surprisingly strong increase in retail sales and lo…

Kelly Cloonan   


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Stocks will embark on a run of gains unseen in 30 years after the Fed cuts rates, Wells Fargo strategy chief says

Stocks could see a 1995-like rally after the Fed cuts rates, according to Wells Fargo's head of glo…

Jennifer Sor   


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Stock market today: Indexes rise after retail sales boosts confidence on the consumer and the economy

Indexes rose after a surprise 1% jump in retail sales. Bond yields jumped as traders dialed back fe…

Kelly Cloonan   


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Stock market today: Indexes climb as drop in jobless claims boosts investors' confidence

Indexes rose on Thursday as investors digested better-than-expected jobless claims data, which show…

Kelly Cloonan   


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3 mins read

Indian stock market – From US recession fears to tensions in the Middle East, here’s why the markets are falling

The Indian stock market reported a decline on Monday as benchmark indices Sensex and Nifty opened i…

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2 mins read

US stocks trade lower as latest jobless claims data points to cooling labor market

Wednesday's producer price index fell by the most since April 2020, and Thursday's labor market dat…

Phil Rosen   


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3 mins read

Hospital wait times will still be bad this year, even with labor gains

The US may be recovering from a physician shortage, but don't expect to spend less time in hospital…

Allie Kelly   


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1 min read

US stocks climb on fresh signs the labor market is cooling

Tuesday's JOLTS data and Wednesday's ADP report both pointed to a cooling labor market, a welcome s…

Phil Rosen   


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4 mins read

As head of the Labor Department Julie Su has a tough task: filling the economy with good jobs. She's up for the challenge.

Acting Secretary of Labor Julie Su knows how important a good job is because one transformed her fa…

Juliana Kaplan   


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2 mins read

Stock market today: Dow crosses 40,000 for the first time as stocks extend record-setting run

The Dow crossed a big milestone on Thursday, with the S&P 500 extending gains after its record clos…

Max Adams   


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Stock market today: S&P 500 closes at a record high as stocks rise on cooler April inflation

The S&P 500 surpassed 5,300 for the first time as traders took in slightly cooler April inflation d…

Jennifer Sor   


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Stock market today: Indexes edge up after Fed and as trader eye Apple earnings

Stocks were up on Thursday. Investors are bracing for earnings from Apple, with expectations mixed …

Yuheng Zhan   


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3 mins read

It's going to be a massive week for the stock market

There are five major events to watch for this week, highlighted by a Fed meeting and the April jobs…

Matthew Fox   


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Stock market today: US indexes gain as traders try to break 4-day losing streak

US stocks were mixed on Thursday. The market will get fresh commentary from a handful of Fed speake…

Yuheng Zhan   


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If you make less than $55,000, the Labor Department wants you to start getting overtime pay

Before, workers making under $36,000 were eligible for time and a half. Now the DOL wants people ma…

Juliana Kaplan   


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1 min read

Citi explains why US stocks have plenty of room to rally further after shrugging off their pullback

Investors added $16 billion of net long positions in US stocks last week, in addition to ETF inflow…

Yuheng Zhan   


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3 mins read

Goldman Sachs sees 3 threats to a strong labor market

The labor market may be returning to pre-pandemic conditions, Goldman Sachs found, though hiring ra…

Noah Sheidlower