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.
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.
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 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.
And some on Wall Street think this report may have ... "Inflation is stuck above target, with upside risks." Data from the Bureau of Labor Statistics released Friday showed 256,000 new jobs ...
All three of the US market averages (^DJI, ^IXIC, ^GSPC) fell by over 1.5% each — the Nasdaq Composite and Dow Jones Industrial Average both declined by 1.63% — in response to December's jobs data reported this morning.
Wall Street stocks fell, with the broad S&P 500 off 1.7 per cent and the tech-heavy Nasdaq Composite down 2.3 per cent. The S&P 500 fell to its lowest since the November 5th US election, erasing a rise over the period of as much as 5.5 per cent, according to FactSet 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.
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.
Wall Street on Friday erased all the gains made in the fledgling year, after a hotter-than-expected jobs report. Read more here.
Donald Trump was sworn in as the President of the United States on Monday, delivering a fervent inaugural speech that promised the dawn of “The Golden Age of America.” “My recent election is a mandate to completely reverse a horrible betrayal and all these many betrayals that have taken place and give people back their faith,
In Chicago parents are isolated by long hours at distant workplaces, lack of affordable childcare and the decline of civic institutions like churches and unions. Data from the U.S. Census Bureau shows that the median one-way commute to work in Chicago is 33 minutes, and over 157,000 workers spend an hour or more getting to work.