Search results
US adds far more jobs than expected in May
Reuters via AOL· 1 day ago(Reuters) -U.S. job growth accelerated far more than expected in May, keeping the Federal Reserve on track to hold off starting to cut interest rates...
Fed won’t move interest rates next week, but meeting will still be a feast for economists
Market Watch· 2 hours agoEconomists generally agree that the strong May job report, released on Friday, seemed to shut the...
Stock market today: US indexes drop after big May jobs report resets rate-cut outlooks
Business Insider via Yahoo Finance· 9 hours agoMeanwhile, average hourly earnings rose to 4.1% from 3.9% annually, which revived some concern about...
May jobs report blows past forecasts as labor market heats up
CBS News via Yahoo Finance· 1 day agoEmployment data also showed the jobless rate inching slightly higher to 4% from 3.9% in...
Truck transportation jobs down in May; total now matches November
FreightWaves via Yahoo Finance· 22 hours agoAnother drop in truck transportation jobs in May means the total stands at the same level as it did...
US jobs shock leaves traders reeling as hopes of interest rate cut sink
The Telegraph via Yahoo Finance· 20 hours agoAnalyst Andrew...the Fed to react with a series of cuts beginning in the next few months. The...
Citi switches first Fed rate cut call to September from July after hot jobs data
StreetInsider· 7 hours agoCiti made an adjustment to its forecast for the U.S. Federal Reserve's monetary policy, moving its expectation for the initial rate cut from July to September. This change ...
Stock market today: US stocks drop, bond yields jump after strong jobs report
Business Insider via Yahoo Finance· 16 hours agoUS stocks moved lower on Friday after a hotter-than-expected May jobs report sent bond yields...
What will the Fed do after hotter-than-expected jobs report?
Investing.com via Yahoo Finance· 7 hours agoWe also look for the dot plot to show two cuts as the median for 2024 and four for 2025." Evercore ISI: "Within broad ranges, the inflation data not the jobs data will determine whether the ...
Say goodbye to any hope of a rate cut next month
Business Insider via Yahoo Finance· 15 hours agoThe latest jobs report has all but confirmed the Federal Reserve won't cut interest rates in July. While the highest-probability scenario coming into the...