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.
Underlying US inflation probably cooled only a touch at the close of 2024 against a backdrop of a resilient job market and ...
More immediately, however, the rise in Treasury yields is hammering investor calculations for U.S. stocks, which are based in ...
Treasury yield stays above 4%, signaling a tough year for stocks as strong jobs data dampen hopes for Fed rate cuts in 2025.
Gold prices rise as Trump policy risks boost safe-haven demand, offsetting strong US jobs data, a rallying dollar, and ...
A recent surge in US Treasury yields may gain even more momentum after a strong jobs report reinforced expectations that ...
The chart of the day What we're watching What we're reading Economic data releases and earnings In December, Fed Chair Jay Powell said that the labor market didn’t need any more softening to get ...
US job gains soared past expectations in December, according to government data released on Friday, in a sign the labor market remains healthy shortly before President-elect Donald Trump's ...
Most economists were expecting mortgage rates to fall over the course of the coming year. But rates have risen steadily over the last month, inching back up to 7% - and they're expected to move even ...
The Australian dollar has fallen below a crucial threshold when measured against important trade partners, complicating the ...
The S&P 500 index SPX is clinging to a gain of just 0.8% since Election Day on Nov. 5, threatening to erase the "Trump bump" investors attributed to Donald Trump's victory. The performance is on track ...