Consumers starting to buckle for first time in a decade, former Walmart U.S. CEO Bill Simon warns
The draw of bargains may be fading. As three of the nation’s biggest retailers kick off a key sales week,…
Shares of UK’s Metro Bank up 26% after securing fresh capital
LONDON — Shares of the U.K.’s Metro Bank were sharply higher Monday morning, after the lender on late Sunday announced…
Why now may be the time to own corporate bonds
There may be advantages to owning corporate bonds right now. JPMorgan’s Bryon Lake believes his firm’s Ultra-Short Income ETF (JPST)…
Hispanic unemployment rate declines in September
The U.S. unemployment rate held steady in September but ticked down among Hispanic workers, according to data released Friday by…
Here’s where the jobs are for September 2023 — in one chart
The U.S. labor market saw broad gains in September in a surprisingly strong jobs report that sparked a quick sell-off…
Payrolls soared by 336,000 in September, defying expectations for a hiring slowdown
Job growth was stronger than expected in September, a sign that the U.S. economy is hanging tough despite higher interest…
Inflation is ‘always going to be a risk’ with the U.S. economy now fundamentally changed, ADP chief economist says
Inflation is “always going to be a risk” in the U.S. due to structural changes in the labor market, according…
JPMorgan’s Marko Kolanovic braces for 20% market plunge, delivers recession warning
JPMorgan’s Marko Kolanovic is bracing for a 20% sell-off to hit the S&P 500. According to the Institutional Investor hall-of-famer,…
Happy meal? Steady demand for french fries is good news for U.S. economy
Consumers are still splurging for a side of fries with their meals. That can have a positive read-through for the…
Private payrolls rose 89,000 in September, far below expectations, ADP says
Private payroll growth tailed off sharply in September, according to an ADP report Wednesday that provides a counterweight to other…
