U.S. weekly jobless claims dip as labor market remains resilient

investing.com By Lucia Mutikani WASHINGTON -The number of Americans filing new claims for unemployment benefits fell last week and data for the prior period was revised sharply down, suggesting labor market conditions remain...

AUD/USD Corrects Towards 0.69 Amidst Australia’s Employment Fall

cryptonewsz.com During an Asian session on Thursday, the AUD/USD currency pair is burdened by yet another dismal employment report in addition to new worries over Taiwan. Despite this, the Australian currency pair is still under...

Economic Slowdown Now, Recession Coming In 2023

zerohedge.com Economic Slowdown Now, Recession Coming In 2023 Authored by Lance Roberts via RealInvestmentAdvice.com, Economic slowdown but no recession! That message comes from the latest employment report, service...

3 High-Yield Dividend Stocks for Income Investors

entrepreneur.com A strong July employment report might encourage the Fed to consider higher interest rate hikes despite expected moderate inflation for the month. So, the market volatility might increase further. Therefore,...

Crucial week ahead will influence rate hiking cycle

aol.com A series of inflation reports due out this week could propel or break the market’s summer momentum. Investors will get the latest gauge of how quickly prices are rising across the U.S. economy from three releases on...

Statistics Are Mixed But On Balance Say The Economy Is Weak

forbes.com The recent strong employment report feeds optimists but is misleading.

Economic Slowdown Now, Recession Coming In 2023

zerohedge.com Economic Slowdown Now, Recession Coming In 2023 Authored by Lance Roberts via The Epoch Times, Economic slowdown but no recession! That message comes from the latest employment report, service sector...

Moody's cuts Italy's outlook to 'negative' from 'stable'

investing.com - Global ratings agency Moody's (NYSE:MCO) cut Italy's outlook to "negative" from "stable", citing heightened risks that the political environment would impede the implementation of structural reforms. "Risks to...

Big Oil Is Paying Out Years of Dividends in One Day

investing.com -- Some oil and gas companies are flush with so much cash that they are paying out a full year’s worth of dividends in a single day -- and sometimes more than that. While reporting second quarter results Thursday,...

Western Digital Outlook 'Uglier Than Expected'

investing.com By Sam Boughedda Western Digital shares hit a low of $45.04 on Friday after the company posted fiscal fourth-quarter earnings missing revenue expectations. The computer hard disk drive manufacturer reported earnings...

Quest to Cut Prescription Drug Prices Puts Insulin in Spotlight

investing.com By Liz Moyer Investing.com -- Lawmakers are once again trying to get caps on prescription drug pricing across the finish line, and that puts insulin in the spotlight. The market for insulin is small but about to get...

Labor Secretary argues inflation not caused by Biden admin

foxbusiness.com Labor Secretary Marty Walsh argued shortly after the release of the July employment report Friday that "none" of the price pressures Americans have been dealing with were caused by the Biden administration. He also...

U.S. stocks slip, Treasury yields rise and dollar rallies after robust U.S. jobs report

reuters.com The S&P 500 headed lower, Treasury yields rose and the dollar rallied on Friday after the U.S. July employment report blasted past expectations, raising the odds of continued monetary tightening from the Federal Reserve.

Markets will be in for a 'rude awakening’ following jobs report, economist warns

foxbusiness.com MacroMavens founder Stephanie Pomboy warned Friday following the release of the July employment report that "markets are going to be in for a rude awakening." Speaking on "Mornings with Maria," the economist noted...

Unusually large U.S. jobs number stokes case for 'unusually large' rate hike

investing.com - The U.S. Federal Reserve faces renewed pressure to deliver another 75 basis point interest rate hike at its upcoming meeting in September as fresh data showed job gains unexpectedly accelerating and overall...