U.S. labor market in 2024: Gradual cooling, conditions now looser than pre-COVID
Take a look at the labor market story in 2024 through Seeking Alpha charts. The labor market showed cooling. Read more here.
Next Week in Business: jobless claims, mortgage rates and Wall Street's first trading day of 2025
The Labor Department issues its weekly tally of new unemployment benefit claims on Thursday. The number of Americans applying ...
Gold Steadies as US Jobs Data Offer Few Clues on Fed’s Rate Path
Gold was steady in quiet, post-holiday trading, after mixed jobless claims data in the US did little to alter bets on the ...
US applications for unemployment benefits hold steady, but continuing claims rise to 3-year high
The number of Americans applying for unemployment benefits held steady last week, though continuing claims rose to the ...
The Fed May Have To Raise Interest Rates In 2025
The spread between current and forward rates turned positive post-December Fed meeting. Check out why I predict a Fed rate ...
Why Did the Stock Market Crash After the Fed Cut Interest Rates Last Week?
On Dec. 18, the U.S. Federal Reserve concluded its final policy meeting for 2024. There was a broad consensus among experts that the central bank would cut the federal funds rate (overnight interest ...
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US Fed signals fewer cuts, sending stocks tumbling
The US Federal Reserve on Wednesday cut interest rates by a quarter point and signaled a slower pace of cuts ahead, ...
US economy eyes strong finish ahead of heightened policy uncertainty in 2025
The number of Americans filing new applications for jobless benefits fell more than expected last week, almost reversing the ...
Jobless claims drop sharply as U.S. job market outperforms predictions
The number of Americans applying for unemployment benefits fell markedly last week following a big increase the week before.
Fed lowers rates but sees fewer cuts next year due to stubbornly high inflation
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
Stock market today: Dow, S&P 500, Nasdaq clobbered as Fed, Powell signal fewer rate cuts in 2025
Meanwhile, the Dow has been on its longest losing streak in roughly a half-century, spoiling the mood of what has been a near ...
Fed Officials See Unemployment Ticking Up in 2025, but at a Slower Pace
The median unemployment rate will rise to 4.3% in 2025, according to new estimates from the Federal Reserve’s latest Summary ...