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Job growth revised down by 911,000 through March, signaling economy on shakier footing than realized

The total revision was on the high end of Wall Street expectations, which ranged from a low around 600,000 to as many as a million.

Industry 2h
BLS About To Announce Another Huge Payrolls Revision: Here's What To Expect

BLS About To Announce Another Huge Payrolls Revision: Here's What To Expect

Two weeks after we first warned readers to "Brace For Another Huge Negative Payrolls Revision, Green

Industry 6h
Lacalle: The Fed Caused High Inflation And The Current Jobs Slump

Lacalle: The Fed Caused High Inflation And The Current Jobs Slump

Both the recent spike in inflation and the current decline in US jobs are, in a very significant way

Industry 8h

Traders see a chance the Fed cuts by a half point

Traders are leaving open the option that the Federal Reserve next week could cut its key interest rate by half a percentage point.

Industry 21h
Consumer Credit Trounces Estimates On Unexpected Surge In Credit Card Usage

Consumer Credit Trounces Estimates On Unexpected Surge In Credit Card Usage

One month after we reported that US consumers appeared tapped out following the first consecutive 2-

Industry 22h

Worker confidence in finding a new job hits record low in New York Fed survey

In the latest sign of trouble for the U.S. labor market, confidence in the ability to move from one job to another has hit a record low.

Industry Two days ago
Outlook For Job Seekers Suddenly Craters To Record Low Amid Steady Inflation Expectations, NY Fed Finds

Outlook For Job Seekers Suddenly Craters To Record Low Amid Steady Inflation Expectations, NY Fed Finds

After sliding every month since April, short-term inflation expectations (inside a 1 year horizon) a

Industry Two days ago
Germany Ignores Bond Market Warnings Amid Fiscal Paralysis

Germany Ignores Bond Market Warnings Amid Fiscal Paralysis

In terms of media strategy, the German government operates on Champions-League level. While the Chan

Industry Two days ago

Jim Cramer flips the playbook on the S&P 500

Jim Cramer offers a twist that challenges Wall Streets comfort zone.

Industry Three days ago

Bank of America announces huge shift in Fed rate cut forecast

Here's what could happen to interest rates next.

Industry Three days ago

Payrolls rose 22,000 in August, less than expected in further sign of hiring slowdown

Nonfarm payrolls were expected to increase by 75,000 in August while the unemployment rate edged up tp 4.3%.

Industry In a week

Trump finalizes Japan trade deal with 15% tariffs as Ishiba faces discontent from within party

The deal was agreed in July after months of talks, with Washington and Tokyo continuing to haggle over details for weeks before finalizing the terms.

Industry In a week

Goldman Sachs reboots jobs forecast before Friday's unemployment report

The Wall Street firm updated its unemployment forecast for August ahead of the September 5th BLS jobs report.

Industry In a week

Fresh labor market data fuel Fed interest rate cut chatter

Jobs, hiring and unemployment numbers start to add up as market watchers weigh rate cut probabilities.

Industry In a week

Lululemon shares slide as tariffs and weaker sales take their toll

The athleisure company also faces rising competition from copycats and other sportwear brands.

Industry In a week
The Drop In Yields Is Good News For Countries Forced To Deny They Need An IMF Bailout

The Drop In Yields Is Good News For Countries Forced To Deny They Need An IMF Bailout

After some difficult trading sessions, ultra-long bonds appear to have caught a bit of a break.The J

Industry In a week

Trump tariffs: US president signs order to cut levies on Japanese cars to 15%

The formalisation of a deal that was announced in July eases uncertainty for Japans motor industry giants.

Industry In a week

Labor market growth slows dramatically in August with U.S. adding just 54,000 jobs, ADP says

U.S. private sector hiring rose less than expected in August, per the ADP.

Industry In a week
'Soft' Survey Data Shows US Services Surging... And Plunging In August

'Soft' Survey Data Shows US Services Surging... And Plunging In August

Following the rise in US Manufacturing surveys earlier in the week, US Services sector surveys were

Industry In a week

Waller sends bold 3-word message on Fed

Federal Reserve Governor Christopher Waller, a top candidate to replace Jerome Powell as Fed chair, talks about the future of the central bank.

Industry In a week
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