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U.S. Services PMI Returns to Expansion Path in May: 5 Picks
Zacks via Yahoo Finance· 21 hours agoAny reading above 50% indicates an expansion of services activities. Notably, the metric for April...
Jobs galore, but with a few cracks: report
KTVU via Yahoo Finance· 8 hours agoThe nation got a very good report card on the already remarkably strong job market with better-than-expected results, many of which are better than before the pandemic. Except for nagging inflation ...
Stock Futures Fall After Jobs Data Come In Much Hotter Than Expected
Barrons.com· 20 hours agoStock futures were falling on Friday after the May employment report came in hotter than expected. ...
May job growth boosted by strong hiring in the government, health care
Fox Business via AOL· 15 hours agoJob growth rose faster than expected in May, thanks to a flurry of hiring within the government and...
The Fed was too focused on the soft landing and has stuck the U.S. economy with higher prices,...
AOL· 3 days agoInvestors may be grousing at the highest interest rates in over two decades, but one economist says the Fed may not have raised rates enough—and we may be stuck with higher prices as a consequence ...
U.S. job creation exceeds forecasts, signals delays in rate cuts - HousingWire
HousingWire· 18 hours agoThis means that mortgage rates are likely to be higher for even longer than previously expected. The...
Is the US job market beginning to weaken? Friday's employment report may provide hints
Associated Press· 1 day agoTentative signs have emerged that the U.S. economy is cooling in a way that would be welcomed by the Federal Reserve ...
Sunset for free trade
Politico· 10 hours agoGOOD METRICS, BAD VIBES — President Joe Biden is running out of the tools — and the time — he needs to turn around Americans’ gloomy view of the U.
Hiring and Wages are Up, Reinforcing the Economy’s Resilience
The Wall Street Journal· 12 hours agoJob growth in the U.S. burst past expectations last month but the unemployment rate edged up to 4%,...
May Jobs Report Slams Door on July Rate Cut
Barrons.com· 20 hours agoOdds of a Federal Reserve interest-rate cut by July were down to 8.8% and falling, according to the CME FedWatch Tool. The U.S.