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The Fed's first rate cut of 2024 could come next month if the labor market slows
Business Insider· 3 days agoMarkets are only pricing in a 10% chance of an interest-rate cut in July, according to the CME...
DACA Recipients Could Gain H-1B Visas Under New Immigration Policy
Forbes· 5 days agoPresident Joe Biden announced a new immigration policy that could allow DACA recipients greater...
American Airlines has stopped training new pilots
Quartz· 4 hours agoAmerican Airlines just became the latest carrier to join a trend sweeping the airline industry. Whereas that labor market was so tight
Everyday Economics: Could bond yields, mortgage rates ease further this week?
The Center Square· 14 hours agoThe focus is rapidly shifting from inflation to concerns that the U.S. economy may be cooling too...
Minnesota lost 8,600 jobs in May, but labor market remains tight
Star Tribune (Minneapolis) via Yahoo News· 3 days agoMinnesota lost a net 8,600 jobs in May and the unemployment rate ticked up slightly, but the labor ...
Scandies benefit on political uncertainty and rising equities, for now
The Forex Market· 10 hours agoEuropean equities have underperformed global benchmarks considerably and the single currency has...
‘We’re Still Paying’: How Pets Became a Big Business
The New York Times via Yahoo News· 7 hours agoHeather Massey brought Ladybird to the veterinarian when the 9-year-old mutt began having seizures. A scan from an MRI machine revealed bad news: brain...
Soaring Budget Deficit Raises Risk For S&P 500; Can AI Save The Day?
Investor's Business Daily· 1 day agoThe former would raise the economic speed limit by removing the constraint of a tight labor market....
St. Louis Fed’s Chief Sees Months, or 'More Likely Quarters' Before Cutting Rates
Barrons.com· 6 days agoWhile Alberto Musalem, president of the Federal Reserve Bank of St. Louis, is optimistic that...
Rising jobless claims hint at cracks in the economy. Or do they?
Market Watch· 3 hours agoThe increase in the past month in jobless claims — a proxy for layoffs — caught the eye of several...