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US jobs shock leaves traders reeling as hopes of interest rate cut sink
The Telegraph via Yahoo Finance· 6 days agoThe Labor Department’s report showed nonfarm payrolls rose by 272,000 jobs in May, against...
US consumer prices unchanged in May; rate-cut expectations rise By Reuters
Investing.com· 1 day agoThe report from the Labor Department on Wednesday also showed underlying inflation pressures abated...
Here's Good News for Bond Portfolios
Barrons.com· 2 days agoThe Treasury Department offered 4.438% interest on the 10-year note, lower than the average of six such sales of 4.324%. This gap, called ...
U.S. Stocks Turning In Lackluster Performance Following Yesterday's Rally
RTT News· 1 hour agoAfter ending the previous session sharply higher stocks are turning in a relatively lackluster performance during trading on Thursday. While the Nasdaq has seen further upside and reached a ...
State of Tennessee Treasury Department Sells 23,275 Shares of VICI Properties Inc. (NYSE:VICI)
ETF DAILY NEWS· 1 day agoState of Tennessee Treasury Department reduced its stake in VICI Properties Inc. (NYSE:VICI – Free Report) by 5.2% during the fourth quarter, according ...
Stock Market Today: Stocks pare gains as Fed holds rates steady despite soft inflation data
TheStreet.com· 1 day agoStocks will test their recent closing highs with a key May inflation report and the Fed's June interest rate decision later in the session. U.S. stocks ...
U.S. budget deficit hits $1.2 trillion with fiscal year now two-thirds over
Morningstar· 22 hours agoThe deficit totaled $347 billion in the month of May, an increase of 44% from the gap in the same month a year earlier, the Treasury Department said Wednesday ...
Nasdaq, S&P 500 rise on soft producer inflation data, chip strength By Reuters
Investing.com· 6 hours agoNasdaq component Broadcom (NASDAQ:AVGO) soared 14.3% to hit a record high after the chipmaker raised its forecast for revenue from semiconductors used in artificial intelligence (AI) technology. It also announced a 10-for-1 forward stock split.
Federal Reserve updates timing of first interest rate cut
TheStreet.com· 22 hours agoThe Federal Reserve noted 'modest' progress in fighting inflation.
A cooler inflation number amplifies the political pressure on Jerome Powell
Yahoo Finance· 2 days agoA new wave of political pressure greeted Federal Reserve Chair Jerome Powell and his colleagues as...