Staffing and other labor-market related companies like ADP, Kelly Services, Manpower, Paychex, and Robert Half are getting hit.
3 minute read
A new study from the Federal Reserve Bank of Boston finds that sentiment in Beige Book reports improves short-term recession forecasts.
3 minute read
Bank of America raised key financial targets on Wednesday during the company’s first investor day since 2011. Investors appeared underwhelmed.
3 minute read
Economists surveyed by FactSet expected that private employers added 37,500 jobs in October.
3 minute read
Recent bond market dynamics make mortgage-backed securities especially attractive for risk-averse investors. Here are three funds to consider.
4 minute read
The risks of a pullback are real. But so is the bull case for stocks.
3 minute read
The governor said she hasn’t made up her mind on whether to cut interest rates again in December
3 minute read
Washington may be closed for business, but the economy keeps humming. Plus, investment newsletter commentary on housing-market troubles, the oil-price outlook, and attractive dividend stocks.
Long Read
While markets still price in a high probability of a December cut, new rhetoric from inside the Fed suggests the bar is rising.
3 minute read
“The market is entirely too complacent about downside risks,” says one observer. The troubles go beyond a few rough earnings reports.
3 minute read
Treasury plans typically don’t get nearly the attention of Federal Reserve announcements. But its statement could affect bonds, and in turn other asset prices.
Long Read
Mortgage rate fluctuations could carry less heft in a housing market restrained by buyer hesitance.
3 minute read
Comments from the Fed chair transformed investors’ expectations for interest-rate cuts.
2 minute read
Euro zone inflation has been running close to 2% for months now, which is good news for the European Central Bank.
1 minute read
Do stock markets hate uncertainty? We’re about to find out.
3 minute read
Fed’s Powell says December rate cut isn’t a given, Trump cuts China tariffs, Microsoft, Alphabet beat expectations, and more news to start your day.
Long Read
Powell acknowledged “strongly different views” within the Federal Open Market Committee during October’s policy decision.
Long Read
This week, UPS said it cut 48,000 employees and Amazon announced 14,000 layoffs.
Long Read
Big jobs cuts at the online retailer offer a glimpse into the future.
3 minute read
The Federal Reserve, the world’s most powerful central bank, will be at the center of a crowded stage as its monetary-policy committee meets this week.
3 minute read
The coming five days could prove critical for the U.S. stock market rally.
4 minute read
Traders are betting on a smooth series of interest-rate cuts, but Fed officials are signaling slower cuts with long pauses in between them.
Long Read
Mag 7 earnings and Fed decision headline busy week, officials talk of progress ahead of Trump-Xi meeting, Novartis agrees to buy Avidity, and more news to start your day.
Long Read
The markets are entering the final week of October, which will feature more earnings, a Fed meeting, and President Trump’s meeting with China’s Xi.
1 minute read
A quarter-point rate cut is all but certain at this week’s Federal Open Market Committee meeting. And we’ll see earnings reports from roughly 160 S&P 500 companies.
Long Read