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…
Bond yields could race through 5% in next couple of weeks, market forecaster Jim Bianco warns
Wall Street forecaster Jim Bianco expects Treasury yields to go a lot higher — and possibly overshoot through 5% in…
The job market is strong, economists say — but workers don’t think so
The job market remains strong despite gradual cooling from pandemic-era highs, according to labor economists — but workers don’t seem…
Stocks making the biggest moves midday: Meta, Warby Parker, McCormick and more
Check out the companies making headlines in midday trading. Warby Parker — The eyewear maker popped 3.4% after Evercore ISI…
The Fed’s favorite inflation indicator rose less than expected in August
An economic indicator the Federal Reserve favors as an inflation gauge rose less than expected in August, showing that the…
Stocks making the biggest moves midday: CarMax, Accenture, Peloton, Jefferies and more
Check out the companies making headlines in midday trading. Trimble — The technology services provider jumped 6.5% Thursday on the…
Speaker McCarthy criticizes Senate measure, says House will get bill done to avoid shutdown
House Speaker Kevin McCarthy, R-Calif., on Thursday criticized a short-term Senate government funding bill — stoking more fears that a…
