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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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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…
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 …