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A ‘Meaningful’ Increase in Unemployment Would Be Needed for a Rate Cut, Powell Says
The Wall Street Journal· 8 hours agoAn “unexpected weakening” in the labor market could prompt the Federal Reserve to reduce interest...
Wall Street stocks fall as markets weigh strong wage data, Fed meeting
MSN News· 1 day agoBy Chibuike Oguh NEW YORK (Reuters) - U.S. stocks ended lower on Tuesday as markets weighed economic...
US not suffering from ‘stagflation’, says Fed chairman Jerome Powell
The Telegraph via Yahoo Finance· 9 hours agoCompanies are also facing the sharpest rise in costs since February of 2023, the survey found, and...
The Job Market Is Getting Stuck: Hiring, Firing, And Quitting All Fell In March
Investopedia· 13 hours agoJob openings fell in March to their lowest in more than three years, while hiring, quits, and...
How the Federal Reserve affects HELOCs and home equity loans
Bankrate via Yahoo Finance· 7 hours agoBut they’ve had a bumpy ride: In November 2023, the average HELOC interest rate eclipsed 10 percent...
Job Openings and Hiring Are at a 3-Year Ebb
New York Times· 12 hours agoMarch data showed a cooling labor market, but layoffs remain low. The overall trend is likely to be welcomed by Federal Reserve policymakers. The red-hot ...
Mortgage rates move higher as Fed takes no action
Bankrate via Yahoo Finance· 6 hours agoTo conduct the National Average survey, Bankrate obtains rate information from the 10 largest banks and thrifts in 10 large U.S. markets. In the...
ADP Employment Report expected to show 179K new jobs in US private sector
The Forex Market· 20 hours agoThe ADP report is expected to show the US private sector added 179K jobs in April. A tight labour ...
In-demand workers are staying put as U.S. labor market cools
New Hampshire Union Leader· 2 days agoThe dwindling numbers of job switchers - often the most highly skilled - suggest these workers are...
GLOBAL MARKETS-Stocks, dollar dip after data with eyes on Fed
Reuters via Yahoo Finance· 12 hours agoA separate report from the Bureau of Labor Statistics in its Job Openings and Labor Turnover Survey, or JOLTS, showed U.S. job openings ...