Surprisingly strong hiring in September has taken pressure off the Federal Reserve by reducing worries over the US labor market, giving policymakers room to continue cutting interest rates at a more ...
The dollar surged to a seven-week high, driven by a strong jobs report, reduced expectations for aggressive Fed rate cuts, ...
The Dow Jones Industrial Average rose 341.16 points, or 0.81 percent, to 42,352.75. The S&P 500 added 51.13 points, or 0.90 percent, to 5,751.07. The Nasdaq Composite Index increased 219.37 points, or ...
Software leaders ServiceNow (NYSE: NOW), Snowflake (NYSE: SNOW), and UiPath (NYSE: PATH) rallied on Friday, up 3.1%, 3.7%, ...
Economists should “take the longer view” on continued economic and inflationary recovery, even as September returned a stronger than expected jobs report, said Chicago Federal Reserve President Austan ...
U.S. stocks rose sharply Friday as a stronger-than-expected jobs report, which lessened the likelihood of a recession in the ...
The US economy added 254,000 jobs in September, smashing expectations and prompting traders to increase bets that the Federal Reserve will lower interest rates at a slower pace after a jumbo cut last ...
On the other hand, the world is a mess, inflation still lurks, and there’s a contentious election in November. Given all of ...
A surge in hiring offers Vice President Kamala Harris a fresh defense in her fight with Donald Trump over the economy, as the pair jockey to frame their visions in the home stretch of the campaign.
Chicago Fed president Austan Goolsbee doesn’t think a hot jobs report released Friday will alter the downward path of ...
On today's episode of Catalysts, Hosts Seana Smith and Madison Mills break down some of the biggest stories from the trading ...
(Reuters) -Chicago Federal Reserve President Austan Goolsbee on Friday called the latest U.S. jobs report "superb" and said ...