Economy

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)…

Even as job creation surges, Americans still think the economy stinks. Here’s why

The U.S. economy has added more than 2.3 million jobs this year, the unemployment rate is still below 4% and…

Stocks making the biggest moves midday: Pioneer Natural Resources, MGM Resorts, Levi Strauss and more

Check out the companies making headlines in midday trading. Pioneer Natural Resources — The energy stock added nearly 10.5%. The…

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…

Trump endorses GOP Rep. Jim Jordan of Ohio for House speaker in race to replace McCarthy

Former President Donald Trump on Friday endorsed Republican Rep. Jim Jordan of Ohio to become the next speaker of the…

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…

Stocks making the biggest premarket moves: Pioneer Natural Resources, Levi Strauss, Tesla, Philips and more

Check out the companies making the biggest moves in premarket trading: Pioneer Natural Resources — The energy stock soared nearly…

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,…