In November, inflation experienced an unexpected and significant deceleration, marking a potentially favorable development for Americans burdened by the ongoing elevated cost of living. However, analysts were quick to caution Thursday that the Consumer Price Index slowing to 2.7% from Read More …
The major U.S. index futures indicate a significantly higher opening on Thursday, suggesting that stocks are poised to recover after experiencing substantial selling pressure in the prior session. The futures surged in response to the Labor Department’s report on consumer Read More …
President Donald Trump assured voters in 2024 that a return to the White House would result in a significant increase in blue-collar job opportunities through his policies. “We’re going to have a manufacturing boom,” Trump stated. Trump asserted that his Read More …
The major U.S. index futures indicate a modestly higher opening on Wednesday, suggesting that stocks are poised for an upward movement after the mixed performance observed in the prior session. Energy stocks could potentially spearhead an initial upward movement, coinciding Read More …
In November, the US labor market exhibited an increased level of exclusivity. Unemployment reached a four-year peak of 4.6%, while the economy saw an addition of 64,000 jobs, according to the latest data. Last month’s job gains, which exceeded expectations, Read More …
The major U.S. index futures indicate a nearly unchanged opening on Tuesday, suggesting that stocks may exhibit a lack of clear direction following yesterday’s volatile session, which concluded with a slight decline. Market participants might exhibit caution in executing substantial Read More …
The November jobs report is being released at an unusual juncture – on a Tuesday in mid-December, rather than the customary first Friday of the month – a consequence of the prolonged effects of the historically lengthy government shutdown. The Read More …
The major U.S. index futures indicate a higher opening on Monday, suggesting that stocks may recover some of the losses experienced last Friday. Investors might consider acquiring equities at relatively lower valuations following the decline observed last Friday, primarily driven Read More …
According to Federal Reserve Chair Jerome Powell, the optimal solution to address the cost-of-living challenges faced by Americans is to implement larger wage increases for workers. The proposed solution appears to be flawed as well. The US job market has Read More …
The economy can be distilled into a straightforward formula: income less expenditures. When it appears that our incomes are increasing at a rate that outpaces prices, the economy is demonstrating positive health. When they are not functioning properly, the situation Read More …