A hotter-than-expected US Jobs report rattled wall street on Friday, quashing hopes for further federal reserve rate cuts.
A rare ‘bear steepening’ trade is pressuring governments and worrying investors.
The Australian dollar has fallen below a crucial threshold when measured against important trade partners, complicating the ...
Wall Street's positive outlook for 2025 has been disrupted by a robust jobs report. The unexpected data has triggered a ...
"Inflation is stuck above target and risks are skewed to the upside. Economic activity is robust. We see little reason for ...
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Major U.S. companies with high-grade credit ratings rushed to issue bonds this week at a dizzying pace, as they moved to get ahead of the spike in Treasury yields that has been making borrowing more ...
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.
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 ...
The U.S. economy boasted an impressive 256,000 nonfarm payrolls in December, a figure that shocked forecasters.
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 ...