The US labour market seems to have stabilised: The economy added 172,000 jobs in May, exceeding expectations, according to new data from the Bureau of Labour Statistics released on Friday. The latest jobs report offered some reassurance regarding the stabilisation Read More …
The major U.S. index futures are indicating a lower opening on Friday, as stocks are expected to decline further due to ongoing weakness in the technology sector. Prolonged underperformance in semiconductor equities could exert downward pressure on Wall Street, as Read More …
The labour market may be awakening from its dormancy. Economists anticipate that Friday’s jobs report will indicate an addition of 105,000 jobs to the US economy in May, with the unemployment rate remaining stable at 4.3%. If Friday’s monthly total Read More …
The major U.S. Index futures are currently indicating a lower opening on Thursday, suggesting that stocks may experience additional declines following the pullback observed in the prior session. Technology stocks may lead the markets lower amid a steep drop by Read More …
President Donald Trump committed to reinstating his tariff regime following setbacks in the Supreme Court and various legal challenges. Now, he’s executing his strategy — but not in the brash, impulsive, all-caps late-night social media posts manner that once characterised Read More …
The major U.S. index futures are currently indicating a slightly lower opening on Wednesday, as stocks are expected to relinquish some gains following a gradual increase over the previous sessions. Uncertainty regarding the situation in the Middle East could exert Read More …
US businesses are disregarding those “Now Hiring” signs: Job openings surged significantly in April, reaching their highest level in almost two years, according to data. However, the latest examination of labour turnover also indicated that those job postings aren’t necessarily Read More …
Plans for blockbuster initial public offerings by AI companies are capturing the attention of Wall Street. Anthropic on Monday made a significant move towards its initial public offering. Rival OpenAI is anticipated to submit its application for an initial public Read More …
The major U.S. index futures are indicating a modestly higher opening on Monday, suggesting that stocks may experience additional gains following last Friday’s volatile trading session, which concluded predominantly in positive territory. Optimism about the AI trade may contribute to Read More …
On paper, the job market appears quite robust. The 4.3% unemployment rate stands below the 10-year average of 4.6% and the 50-year average of 6.1%. For the second consecutive month, the official government count of jobs added exceeded the forecasts Read More …