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Stronger Than Expected Jobs Data May Weigh On Wall Street
RTT News· 7 days agoThe major U.S. index futures are currently pointing to a lower open on Friday, with stocks likely to move to the downside after ending the previous session ...
A high-stakes jobs report as the economy softens
Politico· 7 days agoThere are other signs that the economy is slowing down. The Commerce Department lowered its estimates for first-quarter gross domestic product growth to ...
Joe Biden's labor market may be too hot to handle
Politico via Yahoo Finance· 7 days agoThe job market's surprising resilience will bolster President Joe Biden’s economic messaging at a time when most voters hold a dim view of his policies.
Dollar set for first monthly drop after US inflation readout
StreetInsider· 7 days agoS. inflation rose in line with expectations in April, offering little clarity on how soon the U.S. Federal Reserve will be able to cut ...
These 5 metro areas have hot job markets — and rents that you can actually afford
Market Watch· 7 days agoMarketWatch ranked all major U.S. metro areas by unemployment rate to find the cities with the...
Fed Projects Just One Cut This Year Despite Mild Inflation Report
The Wall Street Journal via Yahoo Finance· 1 day agoGrowth has been weaker abroad than in the U.S., where many homeowners have been shielded from the...
The simplest explanation for market movements isn't always the most complete one
AOL· 4 days agoWhen it comes to understanding new developments in the economy or the markets, the obvious and simplest explanations aren’t always the correct or complete ones. Consider the impact of higher ...
Here’s the ‘bad news’ in the ‘good’ jobs report | CNN Business
CNN.com· 7 days agoAt a time when Americans and the Federal Reserve are clamoring for clear-cut data about the state of...
Leggett & Platt to close High Point furniture plant, cut 158 jobs - Triad Business Journal
The Business Journals· 3 days agoFurniture component maker Leggett & Platt plans to cut 158 jobs in High Point, the company told the...
The simplest explanation for market movements isn't always the most complete one
Yahoo Finance via AOL· 4 days agoFrom JPMorgan: “As of 30 May 2024, our Chase Consumer Card spending data (unadjusted) was 0.7% below...