S&P 500, Nasdaq head for records with Fed rate cut seen as done deal
Black Rock Coffee Bar (BRCB) made its public debut on the Nasdaq on Friday. Shares opened at $26.50…
Inflation up, jobs down, but markets don’t care | Business
Investors await next week’s Fed meeting. The markets have already baked in A 25-basis-point interest rate cut. The…
Job market revisions keep adding pressure on Fed to cut rates
WASHINGTON (TNND) — More revisions to federal data are revealing the labor market was on weaker footing than…
Bosses admit they’re using return-to-office mandates to trim down teams—without needing to announce layoffs
Employees may think quitting in response to their company’s RTO mandate is a solid retaliatory reaction to their…
‘No inflation!’: Donald Trump calls Jerome Powell a ‘total disaster’; pushes for urgent Fed rate cut
US President Donald Trump lashed out at the Federal Reserve on Wednesday after fresh data showed US producer…
Why rates are falling before the Fed meeting
Mortgage rates continue a substantial decline. According to Zillow, the current 30-year mortgage rate is 6.12%, down eight…
Americans’ confidence in finding a new job falls to record low
Job seekers’ confidence in finding new employment has fallen, a new survey reveals. According to the Federal Reserve Bank of…
Treasury Secretary Brushes Off Warnings of U.S. Jobs Recession
Treasury Secretary Scott Bessent pushed back Sunday against growing concerns that the U.S. economy is sliding toward a…
The Fed got it wrong and is late again, top economist says, as job gains collapse
Allianz chief economic advisor Mohamed El-Erian said the Federal Reserve is behind the curve in lowering rates now that the…
Wall Street takes a blow after disappointing US jobs data
ADVERTISEMENT Investors are hoping that the US job market has slowed by just the right amount to trigger…
Bitcoin price falls. Why gold may drive the next crypto move.
Bitcoin slipped early Thursday as the recent crypto recovery stalled despite renewed confidence that the Federal Reserve will…
AI not affecting job market much so far, New York Fed says
By Michael S. Derby NEW YORK (Reuters) -Rising adoption of artificial intelligence technology by firms in the Federal…