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3 mins read
Gold prices fluctuate as geopolitical tensions ease; US Fed meeting, payroll data to affect prices this week
Gold prices dropped by 2% last week, in what has been the first weekly drop in prices in six weeks.…
1 min read
Stock market today: jobs in focus as investors await March non-farm payrolls numbers
The March non-farm payrolls report, due to be published at 8.30 a.m. ET, could shape the Federal Re…
George Glover
2 mins read
Stock market opens to fluctuations, eyes on global and domestic factors for market resilience
The Sensex recorded a low opening, down by 137.69 points at 71923.44, while the Nifty also started …
ANI
1 min read
The US may already be in recession as job cuts accelerate, research CEO says
The ongoing recession may have been triggered way back in October 2023, says Danielle DiMartino Boo…
Filip De Mott
4 mins read
The job market is starting to show cracks. Hiring fell short of expectations for the first time in 6 months.
The unemployment rate increased from 3.8% in March to 3.9% in April. The US also added 175,000 jobs…
Madison Hoff
2 mins read
The Fed is focusing on 'flawed' data and keeping rates high will result in a big policy mistake, economist says
Various indicators show the Fed may be looking at the wrong data points to inform its higher-for-lo…
Yuheng Zhan
2 mins read
The US economy started the year much slower than expected
The US economy began 2024 with cooler growth than the forecast. In the first quarter of this year, …
Madison Hoff
2 mins read
Nearly everyone has given up on their recession call, and that makes the outlook 'dangerously reminiscent' of 2007, SocGen says
Recession views feel dangerously similar to those prior to the 2008 crisis, as consensus shifts to …
Jennifer Sor
4 mins read
What dream job? Gen Z and millennials are being forced to confront a difficult job market.
It's tough out there for Gen Z and millennial workers, who are likely to be impacted the most by a …
Jennifer Sor
1 min read
5 indicators showing the economy isn't as strong as people think, according to top economist Dave Rosenberg
"Not everything is coming up smelling like roses, as the consensus narrative and Fed commentary wou…
Aruni Soni
4 mins read
Fed rate hikes are creeping back into the conversation
Wall Street strategists expect the Fed to stay cautious, and ex-Treasury Secretary Larry Summers sa…
Phil Rosen
4 mins read
The Fed has a very strong case to keep rates higher for longer
Wall Street veterans break down the case for higher-for-longer interest rates as the economy contin…
Phil Rosen
3 mins read
The US added 372,000 jobs in June, beating forecasts as the economy edges closer to pre-crisis employment
Hiring slowed slightly throughout the economy last month as interest rates leaped higher and inflat…
Ben Winck,Madison Hoff
3 mins read
The case for the US avoiding a recession is still alive and well
The May jobs report shows businesses still hiring, but not at a wild pace. It's "probably about the…
Ben Winck
2 mins read
The economy is still on track to finish its jobs recovery this summer
The US economy has recouped more than 96% of the jobs it lost at the start of the pandemic. The rem…
Ben Winck
2 mins read
More workers had their hours cut to part-time in May as businesses reversed some of their hiring plans
The number of Americans involuntarily working part-time rose by 295,000 to 4.3 million last month, …
Ben Winck,Madison Hoff
3 mins read
The US economy created 390,000 jobs in May, holding strong as the Fed ramped up its war on inflation
The latest jobs report showed the labor market recovery holding steady as interest rates jumped hig…
Ben Winck,Madison Hoff
4 mins read
Job growth surged past forecasts in January
January's unemployment rate was 3.7%. The US labor market added 353,000 jobs, starting the year wit…
Madison Hoff
3 mins read
The US labor market is on pace to fully recover by July
If the US's extraordinary pace of job creation holds, the labor market's recovery will be three tim…
Ben Winck,Juliana Kaplan
3 mins read
The US economy added 428,000 jobs in April, beating expectations as the Fed tapped the brakes on the recovery
The Friday jobs report showed job growth holding strong last month as inflation stayed at four-deca…