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Stocks slumped and Treasury yields fell sharply Friday after a weak report on hiring and the latest gyrations in U.S. trade policy shook Wall Street.
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Explícame on MSNAfter 7 months, key on unemployment could push Fed to rate cutA recent shift in employment data has reshaped expectations around the Federal Reserve's next move, stirring debate across ...
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Prices could tick higher in 2025 as businesses pass tariff costs onto consumers, Cleveland Fed's Beth Hammack tells CBS News.
Electric bills are up 4.5% across the U.S.—but Michigan residents could see a 13% increase under a new rate hike proposal.
Investors have long parsed economic reports on the labor market or inflation to help determine prices for stocks and bonds. But after weak jobs data on Friday prompted President Trump to fire Erika ...
Friday's unexpectedly weak jobs report signals that some sectors are cutting back on hiring amid economic uncertainty.
Last week, Adriana Kugler, one of the seven members of the Federal Reserve Board of Governors, announced her resignation.
The president keeps trying to distance himself from the U.S. economy, which has been roiled by the chaos of his tariffs and trade wars.
All told, the S&P 500 rose 91.93 points to 6,329.94. The Dow Jones Industrial Average climbed 585.06 to 44,173.64, and the ...
The S&P 500 rose 0.8% in early trading to claw back roughly half of Friday’s drop. The Dow Jones Industrial Average was up ...
President Donald Trump claimed without evidence that the massive revisions to the latest jobs report constituted a "scam," ...
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