The U.S. economy boasted an impressive 256,000 nonfarm payrolls in December, a figure that shocked forecasters.
Wall Street's positive outlook for 2025 has been disrupted by a robust jobs report. The unexpected data has triggered a ...
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.
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The Dow Jones Industrial Average fell 696.75 points, or 1.63%, to 41,938.45, the S&P 500 lost 91.21 points, or 1.54%, to ...
U.S. stocks fell Friday on worries that good news on the job market may be too good and prove to be bad for Wall Street by ...
The Dow DJIA dropped almost 700 points Friday, booking a back-to-back weekly decline that left it down 1.4% so far in January. That marked the index's worst performance over the first six trading days ...
Not long ago the consensus on Wall Street was that the Fed would cut rates several times in 2025. Activity in derivative markets show traders now only expect slightly more than one rate hike cut this ...
"Inflation is stuck above target and risks are skewed to the upside. Economic activity is robust. We see little reason for ...
New York (CNN) — US stocks plunged Friday as investors digested a better-than-expected jobs report that soured expectations ...
The Australian dollar has fallen below a crucial threshold when measured against important trade partners, complicating the ...
Wall Street slumped nearly 2% for the holiday-shortened ... along with a significantly stronger-than-anticipated nonfarm payrolls report for December 2024, suggested that the labor market had ...