Friday's jobs report could present a mixed view of the labor market. Here's what to expect
Economists expect the Bureau of Labor Statistics to report a gain of 155,000 jobs, a step down from the surprising 227,000 increase in November.
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December Consumer Inflation In Line With Forecasts But Core CPI Falls Below Estimate: Retail’s Wary Despite Wall Street Rally
Major U.S. indices surged Wednesday after consumer inflation came in lower than expected, and major banks posted strong fourth-quarter earnings. According to the U.S. Bureau of Labor Statistics, the Consumer Price Index increased 0.
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Strong job report bolsters odds of a Fed pause this month
The Labor Department estimates the economy added 256,000 jobs in December, indicating a resilient economy and labor market. For the Federal Reserve, which was already signaling a slowdown in rate cuts,
Stock Futures Jump as Producer Prices Show Signs of Cooling
Stock futures jumped after Wall Street finally got an encouraging update on inflation. The producer price index rose 0.2% in December on a monthly basis, the Bureau of Labor Statistics said Tuesday. Economists polled by FactSet were forecasting a 0.
Wall Street soars on record bank profits and cooling inflation
Wall Street rips higher on inflation data and strong bank profits
Stocks open sharply higher as Wall Street gets relief from softer-than-expected core CPI inflation data
U.S. stocks were surging on Wednesday morning as Treasury yields fell after core inflation data came in below expectations, boosting bets that the Federal Reserve will still be able to cut interest rates this year.
December jobs reports has Wall Street starting to talk about rate hikes in 2025
A hot December jobs report, combined with a murky inflation outlook for 2025, has some economists debating if the Federal Reserve may need to hike interest rates again.
Stocks end lower as hot jobs data sparks recalibration of rate cut bets
Wall Street on Friday erased all the gains made in the fledgling year, after a hotter-than-expected jobs report. Read more here.
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White Collar Jobs Are Scarcer as Labor Markets Get Tighter
A byproduct might be that companies are more successful in returning employees to the office. There’s a new sign of a weakening labor market: unemployed white-collar workers having a hard time finding a new job, as the Wall Street Journal noted.
U.S. adds 256,000 jobs, as Biden leaves Trump with a sturdy labor market
President Joe Biden will end his term with a relatively healthy labor market as the United States added a surprising 256,000 jobs in December and the unemployment rate ticked down to 4.1%.
Nasdaq slides 2%, S&P slips 1% as Wall Street sells off on revised rate cut bets
U.S. stocks sold off on Tuesday, while bonds were dumped after stronger-than-expected economic data. Read more here.
December jobs report has Wall Street starting to talk about rate hikes in 2025
A hot December jobs report has many strategists confident the Federal Reserve will hold off on further interest rate cuts for now. And some on Wall Street think this report may have even cracked the door open for the Fed to consider rate hikes in 2025.
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US adds surprisingly strong 256K jobs in December — dimming hopes for Fed rate cuts
dimming hopes that the Federal Reserve will cut interest rates anytime soon — which sparked a sell-off on Wall Street. The blowout number from the US Bureau of Labor Statistics — a massive ...