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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
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
2 mins read
Stock market today: Indexes rise as weak private payroll data boosts optimism for rate cuts
The private sector added fewer jobs than expected last month, bolstering expectations for Fed rate …
Jennifer Sor
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
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
There's a new reason people feel bad about the economy
The vibes are officially bad once again. Just ask anyone trying to find a job.
Juliana Kaplan
1 min read
The US labor market is 'healthy,' Treasury Secretary Janet Yellen says, even as data shows conditions softening
Janet Yellen says the current unemployment rate is still low even after it ticked up in July. Inves…
Kelly Cloonan
2 mins read
A big rate cut this month would create a 'self-fulfilling prophecy' of recession fears, economist says
If the Federal Reserve cuts interest rates by 50 basis points, it could spark unwarranted recession…
Kelly Cloonan
3 mins read
Restaurants and hotels were helping power the booming job market. Now, they're barely hiring.
The leisure and hospitality industry is adding fewer jobs each month than it was a few years ago.
Madison Hoff
1 min read
US stocks rise as private payroll data comes in light, spurring more hope of Fed rate cuts
Markets are pricing in a 62% chance the Fed could cut interest rates by March, according to the CME…
Jennifer Sor
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
2 mins read
Private businesses added 128,000 jobs in May, marking the smallest gain of the pandemic recovery
Last month's job creation reflected a slowdown from April's pace, signaling the economic recovery i…
Ben Winck
2 mins read
The Fed is focusing on 'flawed' data and keeping rates high will result in a big policy mistake, economist says
Various indicators show the Fed may be looking at the wrong data points to inform its higher-for-lo…
Yuheng Zhan
2 mins read
The US economy is already in a recession, and it's following the same path as China by becoming reliant on debt, veteran forecaster says
Rising layoffs and sluggish job growth are major signs the economy is already in a hard landing, on…
Jennifer Sor
1 min read
US stocks fall as private payroll data suggests more Fed rate hikes are coming
A massive beat on ADP payroll data caused odds of a 25 basis-point rate hike this month to jump to …
Jennifer Sor
2 mins read
The US economy started the year much slower than expected
The US economy began 2024 with cooler growth than the forecast. In the first quarter of this year, …
Madison Hoff
2 mins read
The US private sector added 247,000 jobs in April, dramatically slowing hiring amid surging inflation
The increase in private-sector payrolls is the smallest since August and came in well below the med…
Ben Winck
1 min read
Immigration has helped the hot US economy and labor market, but there's a risk of oversupply, Fitch says
The surge of immigration into the US is supporting the blowout jobs market, but eventually that cou…
Filip De Mott
2 mins read
Private-sector businesses created 455,000 jobs in March, beating forecasts as the recovery charged forward
The private sector created 455,000 payrolls in March, according to ADP. That just beat the median f…
Ben Winck
2 mins read
The US private sector added a better-than-expected 475,000 jobs in February as COVID cases plummeted
Private US businesses created 475,000 payrolls last month, human-resources giant ADP said Wednesday…