Bookmark BusinessFinancial marketsGeneral NewsStocks and bonds Stock Market Update: Wall Street Suffers as Elevated Bond Yields Erase Dow’s Yearly Gains by Ethan Kim October 4, 2023 October 4, 2023 Wall Street falters as surging bond yields erase Dow’s yearly gains; tech stocks hit hard. Fed’s rate strategy in focus.
Bookmark BusinessFederal Reserve SystemGeneral NewsGovernment regulationsJobs and careers More evidence that the US job market remains hot after US job openings rise unexpectedly in August by Gabriel Martinez October 3, 2023 October 3, 2023 Analysis of August job market data: Surprising rise in openings challenges the Federal Reserve amid inflation concerns.
Bookmark BusinessGeneral NewsInflationJobs and careers June’s Cooler Hiring Could Aid Fed’s Pursuit of a ‘Soft Landing’ for US Economy by Andrew Wright July 9, 2023 July 9, 2023 June’s cooler hiring suggests a ‘Goldilocks’ scenario for the US economy, aiding the Fed’s pursuit of a ‘soft landing’ amidst lower inflation pressures.
Bookmark BusinessFederal Reserve SystemGeneral News US Adds 209,000 Jobs in June, Demonstrating Resilient Economy by Andrew Wright July 7, 2023 July 7, 2023 US adds 209k jobs in June, showcasing a resilient economy. Despite a hiring slowdown, the unemployment rate falls to 3.6%. Wage growth and consumer spending remain strong.
Bookmark BusinessGeneral NewsJobs and careersU.S. NewsWashington news Possible rewrite: “Potential Slowdown in Hiring: US Jobs Report for May Indicates Cooling Demand for Workers due to Fed Rate Hikes” by Ryan Lee June 2, 2023 June 2, 2023 Title: US Jobs Report for May: Slower Hiring Expected as Fed Rate Hikes Cool Demand for Workers Subheadings: Analysts project slower job growth in May Economists forecast a decline in …
Bookmark BusinessFederal Reserve SystemFinancial marketsGeneral NewsU.S. NewsWashington newsWorld News Wall Street Rises with Hopes for Pause to Rate Hikes by Gabriel Martinez June 2, 2023 June 2, 2023 Wall Street experienced a rise in the stock market, driven by hopes that the Federal Reserve would ease its interest rate hikes. The S&P 500 rallied 1% as various reports …