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Jobs report shows 236,000 gain in March — lifting 2023 total above 1 million — but U.S. labor market shows hints of cooling
The numbers: The U.S. added a robust 236,000 new jobs in March, defying the Federal Reserve’s hopes for a big…
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‘Recession is what everyone is betting on,’ says money manager, as 2023’s first trading day fizzles
In the first trading day of the new year, U.S. financial markets were bogged down by the almost universal view…
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What NASA knows about soft landings that the Federal Reserve doesn’t
The Federal Reserve still has a chance to meet both of its main goals — strong economic growth and stable…
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Dow jumps nearly 600 points as investors embrace earnings
U.S. stock indexes rose sharply early Tuesday as investors welcomed another round of corporate earnings reports, and calmer conditions in…
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$22 billion in I-bond sales can’t be wrong. Why you may want to buy them even when their rate resets soon
I-bonds’ sky-high interest rate is poised to fall to 6.48% when they reset next month, according to industry experts. Still,…
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The stock market is in trouble. That’s because the the bond market is ‘very close to a crash.’
Don’t assume the worst is over, says investor Larry McDonald. There’s talk of a policy pivot by the Federal Reserve…
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Dow books 630-point drop after strong jobs data rattles investors, but stocks cement weekly gains
U.S. stocks finished sharply lower Friday, but still booked their best weekly gains in a month, after September jobs data…
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Dow books 4th day of gains, stocks rally after Fed minutes signal flexibility on interest rate hikes
Stocks closed higher Wednesday as investors took away a message of flexibility from the release of minutes of the early…
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‘Buyers of a median-price home are looking at a monthly mortgage payment that is almost 50% higher than it was a year ago.’ The 30-year mortgage rate dips slightly to 5.1%
The interest rate on the country’s benchmark mortgage product edged downward for the first time since early March, but that…
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Is the stock market open on Good Friday?
It’s a shorter week for markets heading into Easter weekend, with U.S. stock exchanges closing a day early, ending the…
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