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2 mins read

The economist who was off by 1.8 million in Friday's jobs report explains why she's doubling down on her call for stellar job growth

Labor shortages likely played a sizable role slowing job growth, but "I'm not quite ready to throw …

Ben Winck   


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3 mins read

A top economist says everyone on Wall Street is underestimating the jobs rebound: 'What is everybody else not seeing?'

April payroll growth will hit 2.1 million, Jefferies Chief Economist Aneta Markowska said. That's 8…

Ben Winck   


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2 mins read

Expectations for the Fed to downsize future rate hikes soar after CPI shows inflation cooled in December

Investors foresee the Federal Open Market Committee downshifting rate hikes in February and in Marc…

Carla Mozée   


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2 mins read

Markets think the Fed is about to deliver a smaller rate hike, but here's one big reason the central bank could stay aggressive on its next move

Moves in markets suggest the "iceberg of fear ... is easing," even as the Fed still has rate hikes …

Carla Mozée   


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2 mins read

The largest consumer staples ETFs hit all-time highs as data shows Americans kept spending in March

"Retail sales showed little damage from higher energy prices," said Jefferies' chief economist. Mar…

Carla Mozée   


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1 min read

Lumber prices have spiked 95% in 5 weeks as supply issues arise following Canadian floods while demand stays strong

British Columbia last month struggled with heavy rainfall that resulted in delays in exporting lumb…

Carla Mozée   


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2 mins read

We've reached peak supply chain crisis - it'll only get better from here, according to Jefferies

Holiday shopping might still be chaos this year, but shipping should be back to normal by winter of…

Ben Winck   


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2 mins read

US stocks rise as investors weigh GDP growth against higher than expected jobless figures

US indices inched up after GDP grew at an annualized rate of 6.5% in the second quarter, missing th…

Emily Graffeo   


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2 mins read

Spending rotation into services points to 'much more upside' for the travel sector

Consumer discretionary shares rose in choppy trading as data point to early signs that consumers ar…

Carla Mozée   


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2 mins read

US stocks trade mixed as investors mull a wave of corporate earnings and the Fed's upcoming decision

US indexes were mixed at the open as investors awaited the Fed's policy decision today. Microsoft a…

Emily Graffeo   


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2 mins read

April's jobs report was likely gloomier than the true labor market

Unemployment claims hit a pandemic-era low for the fourth time in five weeks. It's more evidence th…

Ben Winck   


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3 mins read

US stock futures inch higher as Fed officials eye big rate hikes, and Europe weighs more Russia sanctions

Federal Reserve official Mary Daly said the case has grown for a 50 basis point interest rate hike …

Harry Robertson   


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2 mins read

GameStop slump and weak February sales data are pressuring a major retail ETF

GameStop shares lost ground Tuesday, putting pressure on the SPDR S&P Retail ETF, which counts the …

Carla Mozée   


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3 mins read

Forget the supply chain ruining Christmas. Companies are prepping for a blowout holiday season.

The supply-chain crisis is still causing shortages and delays, but firms see something else. They p…

Ben Winck,Madison Hoff   


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2 mins read

S&P 500 futures rise to near record high as investors await Fed decision, while bitcoin holds above $39,000 after Elon Musk tweet

US stock futures edged higher on Monday as investors continued to bet on a rapid economic recovery …

Harry Robertson   


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2 mins read

Dow slides 165 points in turbulent trading investors digest mounting inflation and Fed minutes

US stocks finished well off their intraday lows as investors digested the Fed's minutes and concern…

Emily Graffeo   


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3 mins read

3 reasons why inflation will still cool down - even through it's surged for longer than expected

Inflation has been stubbornly high in 2021, dashing expectations that the surge would be temporary.…

Ben Winck   


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3 mins read

Unemployment declining faster in states that are cutting off $300 enhanced federal benefits, according to WSJ

Gov. Mike Parson of Missouri said that federal benefits helped in the past, but the payments now "w…

John L. Dorman   


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4 mins read

It's already too late for Biden's economy to save Democrats in the 2022 midterms

Experts see inflation cooling and unemployment dropping next year, but history suggests Republicans…

Ben Winck,Joseph Zeballos-Roi…   


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2 mins read

Dow closes at record high as investors remain optimistic on economic growth

The Dow closed at a record high as investors digested booming US retail sales. Bitcoin soared past …

Emily Graffeo