Friday’s jobs report will be a big signal for a market looking for good news
When the December jobs report is released Friday morning, markets will be looking for a number that hits a sweet…
Private payrolls added 164,000 in December, beating expectations, ADP says
Hiring in the private sector rose at a faster-than-expected pace in December, closing out a strong 2023 for the resilient…
Market forecaster Jim Bianco sees the 10-year Treasury yield surging to 5.5% – a multi-decade high
It’s a level not seen since George W. Bush was president. Wall Street forecaster Jim Bianco is predicting the benchmark…
Fed officials in December saw rate cuts likely, but path highly uncertain, minutes show
Federal Reserve officials in December concluded that interest rate cuts are likely in 2024, though they appeared to provide little…
Fed’s Barkin sees likely soft landing ahead but notes rate hikes still a possibility
Richmond Federal Reserve President Thomas Barkin on Wednesday expressed confidence that the economy is on its way to a soft…
‘Big Short’ investor Steve Eisman worries ‘everybody is coming into the year feeling too good,’ sees room for disappointment
Investor Steve Eisman of “The Big Short” fame is questioning the level of bullishness on Wall Street — even with…
From FedEx to airlines, companies are starting to lose their pricing power
After years of unbridled consumer spending on everything from home improvement to dream vacations, some companies are now finding the…
Fed’s favorite inflation gauge shows prices rose at 3.2% annual rate in November, less than expected
A gauge the Federal Reserve uses for inflation rose slightly in November and edged closer to the central bank’s goal.…
UK inches closer to technical recession as growth is revised down
LONDON — The U.K. is edging closer to recession after revised figures showed the economy shrank in the previous quarter.…
UK inflation slide fuels rate cut bets and jolts markets
LONDON — U.K. inflation fell by more than expected to hit 3.9% in November, in the lowest annual reading since…
