Jobless claims: close but no cigar for the red flag
– by a New Deal Democrat Jobless Claims: A Close Call, But Red Flags Persist , Initial claims fell -9,000 to 228,000 last week, and the four-week average fell -9,250…
Initial claims are approaching a red flag recession warning
– by a New Deal Democrat Approaching a Red Flag: Initial Claims and the Recession Warning , Initial jobless claims fell -12,000 last week to 237,000. The four-week average fell…
Stocks rally, Dow rises over 550 points in final hour after Powell signals smaller rate hikes ahead
US stocks rose in the final hour of trading on Wednesday after Federal Reserve Chairman Powell said the pace of interest rate hikes by the central bank could slow as…
The stock market blew its chances of a recovery after the jobs report. What went wrong.
Text size Jonathan Alpeiri/Bloomberg August payroll data was greeted with chants of “Goldilocks” for not being too hot and not too cold. However, investors forgot that “Goldilocks and the Three…
Here’s what to expect on Wall Street tomorrow when US employment data is reported, according to market professionals
After Federal Reserve Chairman Powell last week reaffirmed his plans to keep raising interest rates to reduce inflation despite the risk of a recession, Friday’s monthly US jobs report could…