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3 mins read
Don't get your hopes up about the housing market
The Federal Reserve appears poised to cut interest rates in September. But the move might not help …
Eliza Relman
2 mins read
Stock market today: Dow surges 462 points as stocks rally after jumbo Fed rate cut
Indexes rose Thursday as investors digested Wednesday's jumbo rate cut from the Fed and a fall in w…
Kelly Cloonan
2 mins read
The Fed will go bigger with rate cuts than markets think, Citi economist says
The Fed could cut 125 basis points by the end of the year if the labor market continues to cool, Ci…
Kelly Cloonan
7 mins read
America is missing a golden opportunity to boost the job market
Raising the minimum wage could be a win-win-win for the economy, workers, and even businesses. So w…
Emily Stewart
2 mins read
Rupee trades in narrow range against US dollar in early trade
In Thursday's trading, the Indian rupee experienced a slight decline amid conflicting influences, i…
PTI
1 min read
New York Fed chief says it's time to lower rates with inflation cooling and the labor market slowing
Following the August jobs report, John Williams said the economy is "now in equipoise," with easing…
Kelly Cloonan
2 mins read
Stock market today: S&P 500 notches 5-day streak of gains ahead of next week's Fed meeting
Odds of a 50 basis point interest rate cut next week have surged as investors worry about a slowdow…
Matthew Fox
6 mins read
America just got a nasty wakeup call about the job market
Hang on to your job — America may be headed for a wave of layoffs.
Emily Stewart
2 mins read
Stock market closes in red amid intraday volatility
The BSE Sensex finished 34.73 points lower, settling at 79,441.45, while the NSE Nifty declined by …
ANI
2 mins read
Stock market today: Indexes rise as investors mull jobless claims and prep for Jackson Hole meeting
Indexes rose Thursday as investors digested a slight increase in jobless claims ahead of the Fed's …
Kelly Cloonan
2 mins read
Rupee rises 6 paise to close at 83.13 against US dollar
The rupee appreciated 6 paise to close at 83.13 (provisional) against the US dollar on Thursday, su…
PTI
1 min read
JPMorgan's Jamie Dimon thinks people overreact too much about market fluctuations
JPMorgan's Jamie Dimon told CNBC that "markets fluctuate" in response to the recent stock meltdown.
Lloyd Lee
2 mins read
The August jobs report reinforces 'waning vigor' in the labor market and the Fed should deliver a big rate cut, JPMorgan says
JPMorgan chief economist Michael Feroli says the Fed should cut 50 basis points this month as the A…
Kelly Cloonan
2 mins read
Stock market today: Stocks rise as traders await Jackson Hole and payroll adjustment locks in rate bets
Revised jobs data show that the economy added 818,000 fewer jobs than initially forecast. Stocks en…
Jennifer Sor
2 mins read
There's an under-the-radar job market update coming that could shake up stocks and the Fed this week
The BLS jobs revision report set to be released Wednesday morning could lower employment growth by …
Matthew Fox
1 min read
Stock market today: Indexes tank as data paints a negative picture for the economy
Stock indexes tanked Thursday as new data shows jobless claims are on the rise while manufacturing …
Kelly Cloonan
2 mins read
Stock market today: Chipmakers lead tech surge ahead of Fed rate decision
Tech stocks rallied ahead of the Fed's rate decision, with Nvidia and AMD popping 10%.
Jennifer Sor
2 mins read
Stock market today: Stocks rise and yields fall as fresh data points to cooling job market
Tuesday's JOLTS report showed job openings hit their lowest level in over three years.
Filip De Mott
2 mins read
Stock market today: Dow rises 462 points as stocks rally after Powell says rate cuts are coming
"The Powell pivot is here, as the Fed has now firmly turned dovish," Carson Group strategist Ryan D…
Matthew Fox
2 mins read
Americans just got the biggest confirmation yet of an interest rate cut next month — but the job market hangs in the balance
"The time has come for policy to adjust," Fed Chair Jerome Powell said at Jackson Hole, all but con…