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Jobs report blows past expectations, displaying resilient strength of US economy
Good Morning America via Yahoo News· 7 hours agoA better-than-expected jobs report on Friday displayed the resilient strength of the U.S. economy,...
86% of consumers say it’s a bad time to buy a house: Fannie Mae
HousingWire via Yahoo Finance· 53 minutes agoOther data points include an unchanged rate in consumers who expect home prices to go up in the next...
Biden gets a boost ahead of Trump debate as economy outperforms expectations
The Independent via Yahoo News· 5 hours ago“On my watch, 15.6 million more Americans have the dignity and respect that comes with a job....
Treasury Yields Surge as Jobs Spark Rethink on Fed: Markets Wrap
Bloomberg via Yahoo Finance· 32 minutes ago(Bloomberg) -- The world’s biggest bond market got hammered as a solid US jobs report made traders...
US jobs shock leaves traders reeling as hopes of interest rate cut sink
The Telegraph via Yahoo Finance· 3 hours agoAverage wage rises also increased from 4pc to 4.1pc in May, indicating that consumer spending power...
Job Growth and Wage Gains Mean Inflation Will Stay Sticky
Barrons.com· 1 hour agoThe strong payrolls report for May could further frustrate the Fed’s attempt to cool price growth,...
This week in Bidenomics: Please stop hiring
Yahoo Finance· 2 hours agoJobs Machine operates on three shifts. Strong job growth actually contributes to inflation, which is the catch for Biden. More... 2022 to 3.4% today....
Why the Recession Still Isn’t Here
The Wall Street Journal· 4 hours agoBattle-hardened consumers The extremely unusual nature of the pandemic-induced economic downturn four years ago and the aggressive policy response that...
Jobs Surge to Reignite Fed Debate Over How Restrictive Rates Are
Bloomberg via Yahoo Finance· 4 hours ago(Bloomberg) -- Friday’s eye-popping jobs number is likely to energize a debate already dividing...
Problems for the Fed? Bond Yields Jump After Hot Jobs Report.
Barrons.com· 20 minutes agoThat seems to be the case for now. But investors won’t have long to wait before another important...