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3 mins read
Gold prices fluctuate as geopolitical tensions ease; US Fed meeting, payroll data to affect prices this week
Gold prices dropped by 2% last week, in what has been the first weekly drop in prices in six weeks.…
1 min read
Stock market today: jobs in focus as investors await March non-farm payrolls numbers
The March non-farm payrolls report, due to be published at 8.30 a.m. ET, could shape the Federal Re…
George Glover
2 mins read
Stock market opens to fluctuations, eyes on global and domestic factors for market resilience
The Sensex recorded a low opening, down by 137.69 points at 71923.44, while the Nifty also started …
ANI
3 mins read
Hurricanes are becoming more frequent, violent, and costly — plus they're hitting jobs and economic growth
Climate change is making hurricanes more common and more powerful, while rising asset values are dr…
Theron Mohamed
2 mins read
Stock market today: Indexes mixed as investors assess labor data ahead of Friday payroll report
Indexes were mixed on Thursday amid fresh labor data ahead of Friday's August nonfarm payroll repor…
Kelly Cloonan
2 mins read
The job market is in the 'Twilight Zone,' top economist Claudia Sahm says
"One month does not make a trend, and even with the Federal Reserve cutting interest rates, a susta…
Jennifer Sor
2 mins read
A recession next year is now even less likely following the blowout jobs report, says Goldman Sachs
Economists are less concerned about an imminent downturn after far more jobs were added in Septembe…
Theron Mohamed
2 mins read
Why one firm is skeptical about the blockbuster September jobs report — and is still expecting another jumbo rate cut
Pantheon Economics cited a "red flag" in September's jobs market data, and expects that the Fed to …
Filip De Mott
3 mins read
Wider Middle East conflict threatens the global economy — when the US and China already face headwinds, experts say
The escalating unrest in the Middle East is a global threat, on top of a US hurricane and a raft of…
Theron Mohamed
5 mins read
Things are looking up for the economy. So why are consumers still unhappy?
US consumers' confidence in the economy has dropped over finding another job. But new payroll data …
Dan DeFrancesco
3 mins read
The job market is about to rebound as widespread spending boosts the economy, Apollo chief economist says
The US could add as many as 300,000 jobs in September, according to an estimate from Apollo's chief…
Jennifer Sor
2 mins read
The Fed needs to 'start getting out of the way' and deliver a big rate cut next week, famed economist Claudia Sahm says
Sahm reiterated that her namesake rule is flashing a false signal because the jump in unemployment …
Matthew Fox
1 min read
All the data is pointing to a soft landing in the US economy, top economist says
"The bottom line is that the US economy is not in a recession, and there are no signs of a recessio…
Matthew Fox
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
The unemployment rate slid as expected in August after a surprise increase the prior month
August's jobs report is a critical signal of the chances of a coming recession.
Madison Hoff
2 mins read
Fed rate cuts are coming too late to fend off a US recession, research firm says
Even if the Fed cuts in September, history shows that recessions can still occur during easing cycl…
Filip De Mott
2 mins read
The Fed has redeemed itself after an 'egregious' post-COVID inflation error, former Treasury Secretary Larry Summers says
"They moved strongly enough and vigorously enough to keep expectations anchored," the former Treasu…
Filip De Mott
2 mins read
Why the Fed will cut rates in September and then stop for the year, chief economist says
After an initial rate cut next month, the Fed will adopt a wait-and-see approach going forward, Tor…
Filip De Mott
2 mins read
Stock market today: US stocks edge up as traders mull cooler private payroll data
ADP data showed the job market slowed in June, with the private payrolls rising just 150,000, below…
Jennifer Sor
2 mins read
Inflation cooled in July, adding to the case for rate cuts at the next Fed meeting
The consumer price index, an inflation measure, increased 2.9% in July from a year ago.