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Jump In Jobless Claims, Soft PPI Lift Fed Rate-Cut Odds; S&P 500 Rises
Investor's Business Daily· 1 week agoChair Jerome Powell said that a string of more data like the CPI could alter the Fed rate-cut...
Jobless benefit claims spike to 10-month high, signaling a cooling labor market
Eyewitness News Memphis· 1 week agoThe number of Americans filing for jobless benefits jumped to the highest level in 10 months last...
The Fed, May inflation, and Apple are set to lead a massive week for the stock market
Business Insider via Yahoo Finance· 2 weeks agoET, with Fed Chair Jerome Powell set to take the podium to deliver remarks at 2:30 p.m. ET....
Jobless Claims Data Reinforce Cooling in US Labor Market
Bloomberg· 1 week agoDeutsche Bank Chief US Economist Matt Luzzetti reacts to the May producer price index report, weekly...
The Fed's first rate cut of 2024 could come next month if the labor market slows
Business Insider via Yahoo Finance· 1 day agoAccording to the CME FedWatch Tool, markets are only...below analyst expectations. That weakness was...
US weekly jobless claims rise to 10-month high
WSAU Wausau· 1 week agoWASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits increased to a 10-month high last week, pointing to easing...
Economy Is Cooling, Today’s Data Show. But the Fed Will Need More Confirmation.
Barrons.com· 1 week agoFed Chair Jerome Powell mentioned the word or a synonym more than 20 times during his postmeeting...
Stock market today: S&P 500 and Nasdaq head for new highs as Nvidia rally pushes on
Business Insider via Yahoo Finance· 2 days agoMajor averages were headed for another all-time high Thursday amid Nvidia's big rally this week. ...
Bad news for the job market could be good news for inflation - Marketplace
Marketplace· 1 week agoThe number of new unemployment claims climbed again last week, hitting a 10-month high of 242,000....
Stock Market News for June 14, 2024
Zacks via Yahoo Finance· 1 week agoIn the previous session, Fed Chair Jerome Powell had mentioned that the central bank had already factored in the Consumer...cap growth stocks like tech...