U.S. nonfarm payrolls unexpectedly decline by 23,000 in July
U.S. nonfarm payrolls unexpectedly decline by 23,000 in July The U.S. economy unexpectedly shed 23,000 jobs in July, while the unemployment rate cooled slightly to 4.1% from 4.2%, according to Labor Department data on Friday.Economists had anticipated nonfarm payrolls...
Give me a boost, Nasdaq soars 2% as stocks boosted by positive inflation data, surge in Microsoft
Give me a boost, Nasdaq soars 2% as stocks boosted by positive inflation data, surge in Microsoft U.S. stocks jumped on Thursday in early trading, boosted by a post-earnings surge in Microsoft and a fairly benign print on the Federal Reserve’s preferred inflation...
Anxious bond market, U.S. yields ease off multi-month peaks
Anxious bond market, U.S. yields ease off multi-month peaks U.S. Treasury yields edged modestly lower on Tuesday, as fixed-income desks consolidated recent gains while bracing for a high-stakes Federal Reserve policy decision that has left markets increasingly...
Fed up with inflation, Fed again promises to deliver price stability in semiannual monetary policy report
Fed up with inflation, Fed again promises to deliver price stability in semiannual monetary policy report The Federal Reserve once again vowed to deliver price stability and said it was prepared to ’act forcefully’ to keep a lid on longer-term inflation...
