unemployment rate

US stocks end the week higher after solid earnings and Goldilocks jobs report

Business
Jessica Roberts

REUTERS/Brendan McDermid US stocks soared on Friday, with the Nasdaq 100 closing higher by about 1% for the week. Solid earnings results ...

US jobs report for April will likely point to a slower but still-strong pace of hiring

Politics
Amanda Smith

WASHINGTON (AP) — The American economy likely delivered another solid hiring gain in April, showing continuing durability in the face of the ...

Powell Is Poised to Keep Fed on Higher-for-Longer Path

Business
Jessica Roberts

(Bloomberg) — Jerome Powell’s remarks in the coming week will be closely parsed by investors for any clues on just how long ...

The Fed needs to ‘kill the zombie’ with a high-rate-induced recession before investors should jump in to buy more stocks, strategist says

Business
Jessica Roberts

A recession is coming in 2024Getty Images Investors need to wait for a recession and accompanying rate cuts before putting more cash ...

The Fed’s rate-cut projections are pointing to an imminent recession, economist says

Business
Jessica Roberts

Yuichiro Chino/Getty Images The Fed’s interest rate forecasts signal an imminent recession, economist David Rosenberg says. In previous soft landings, the Fed ...

Federal Reserve expected to keep key interest rate at current level as inflation persists

U.S.
Amanda Smith

The Federal Reserve is widely expected to keep its key federal funds interest rate unchanged at about 5.5% this week, as it ...

US stocks tumble amid tech sell-off as investors weigh mixed jobs data

Business
Jessica Roberts

US stocks slid lower on Friday, dragged down by a sell-off in tech. The Nasdaq tumbled after touching record highs, pulled down ...

Stocks pull back after February jobs report

Business
Jessica Roberts

Stocks lost momentum and turned downward during afternoon trading on Friday, as investors pulled back some after a powerful rally that led ...

Stocks rise after February jobs report

Business
Jessica Roberts

Stocks climbed on Friday after the February jobs report showed an uptick in the unemployment rate, bolstering investor confidence that the Federal ...

US futures rise after February jobs report

Business
Jessica Roberts

US stock futures were higher on Friday after the February jobs report showed an uptick in the unemployment rate and bolstered investor ...