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U.S. unemployment rate rises even as labor market adds more jobs than expected
McComb Enterprise-Journal· 13 hours agoThe latest labor reports are a mixed bag as inflation, high interest rates, and increased cost of goods directly impacting consumers continue to trouble the U.S. ...
U.S. adds a much-better-than-expected 272,000 jobs in May, but unemployment rate edges up to 4%
CNBC· 17 hours agoThe U.S. economy added far more jobs than expected in May, countering fears of a slowdown in the...
US hiring and wage growth picked up last month in sign of sustained economic health - Austin Daily...
Austin Daily Herald· 7 hours agoLast month’s sizable job gain suggests that the economy is still growing steadily, propelled by consumer spending on travel, entertainment and other services. A healthy job ...
ECB Rate Cut Was Logical After Inflation Retreat, Nagel Says
Bloomberg via Yahoo Finance· 9 hours ago(Bloomberg) -- The European Central Bank’s interest-rate cut reflects improved inflation dynamics...
Bank of Canada seen cutting interest rates three more times this year
Financial Post via Yahoo Finance· 3 days agoThough the move was widely expected, it is being praised as a long-overdue change of direction that...
BofA’s Hartnett Says Fed Cut Could Signal Trouble for Economy
Bloomberg· 22 hours agoA Federal Reserve interest rate cut could be a signal of trouble for the economy, according to Bank...
European Central Bank Cuts Interest Rates
Morningstar· 2 days agoEuropean Central Bank lowered interest rates for the first time since 2019, but with its cautionary outlook on inflation, it signaled that additional ...
Global central banks have begun cutting interest rates. Will the US follow suit?
Berkshire Eagle· 11 hours agoThis week, Denmark, Canada and the European Union's central banks made the first interest rate cuts in years. U.S. investors hope that the Fed will follow ...
Hiring and Wages are Up, Reinforcing the Economy’s Resilience
The Wall Street Journal· 8 hours agoJob growth in the U.S. burst past expectations last month but the unemployment rate edged up to 4%,...
Here’s a Plot Twist: Strong Markets Are Driving the Economy, Not the Reverse
Barrons.com· 6 hours agoThe March SEP showed a median fed-funds rate of 4.6% for the end of 2024, which would imply three...