Factories, Restaurants and City Halls Add Workers as Hiring Widens
Employers added more than half a million jobs from March through May, a sharp shift from last year’s slowdown.
Latest Posts Latest Posts Latest Posts
Latest Posts Latest Posts Latest Posts
Latest
Page 5
Bitcoin traders watch $50,000 after repeated failures near $60,000
The cryptocurrency is trading near $60,000, a psychological level that previously drew buyers and sits close to its 200-week moving average at $61,778.
Consumers see weaker finances and job prospects in NY Fed May survey
The share of households saying they are worse off financially rose to 43.7%, the highest since January 2023.
ECB to raise deposit rate 0.25 percentage point to 2.25% on Thursday
Economists expect the ECB to raise its deposit rate by 0.25 percentage point on Thursday to 2.25%.
ECB Set to Raise Key Rate for First Time Since 2022
A Reuters poll found 74 of 80 economists expect a 25-basis-point hike to lift the deposit rate to 2.25%.
Private Payrolls Add 122,000 Jobs in May, But Fed Holds Rates at 6.75%
Private employers added 122,000 jobs in May, the strongest hiring month since January 2025, with gains spread across eight of ten sectors.
May Jobs Report Shows 122,000 Gains as Fed Grapples With Inflation
Workers' wages are lagging price growth, with average hourly earnings up 3.6% annually while prices jumped 3.8%, compressing household purchasing power.
Nvidia options price in 355 billion dollar market value swing
Options traders are bracing for a $355 billion swing in market value following Nvidia’s first-quarter earnings report on Wednesday.
30-year Treasury yield hits 5.18% as Middle East conflict fuels inflation anxiety
The 30-year Treasury yield climbed to 5.18% on Tuesday, reaching its highest level since 2007 as conflict in the Middle East fueled global inflation concerns.
Mortgage rates reach highest level since July 2025
The average 30-year fixed mortgage rate reached 6.75% on Tuesday, marking its highest level since July 2025 following a sharp spike since late February.
North Asian stocks outperform Southern peers on tech and energy buffers
South Korean markets gained over 80% this year while Indonesia fell 25% as investors pivot to nations with robust energy buffers and technology exposure.
UK unemployment rate rises to 5% as payrolls drop by 100,000
Britain's unemployment rate climbed to 5% in the three months to March as the economy recorded a drop of 100,000 payroll jobs in April.