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TSX Closer: The Index Sinks More than 300 Points Despite a Robust Employment Report
The Toronto Stock Exchange closed lower on Friday, falling back under the 25,000 mark with most sectors lower despite an unexpectedly robust December jobs report. The S&P/TSX Composite Index closed ...
Week Ahead for FX, Bonds: U.S. Inflation Data Due as Focus Remains on Bond Markets
U.S. inflation data will be top of the agenda in the week after recent very strong jobs data and could cause investors to ...
Surging job market could prove costly for households, businesses as odds of quick rate cuts fade
U.S. hiring picked up unexpectedly in December as employers added 256,000 jobs, another sign of the economy’s resilience in ...
Stocks and Bonds Rattled as Odds of Fed Rate Cut Recede
Stronger-than-expected data on the labor market has added to clues that the economy continues to run at a solid pace, amplifying fears about stubborn inflation.
Strong December Jobs Report Kills Chances Of A January Fed Rate Cut
Before the strong December jobs report was released, the odds were already low for an interest rate cut in the next Federal ...
Surging bond yields push UK midcaps to biggest weekly drop in over a year
British midcap stocks logged their biggest weekly decline in more than a year on Friday, as surging borrowing costs on the ...
Stock market today: Dow, S&P 500, Nasdaq sell off amid jobs report surprise, fresh inflation worries
In recent days, Fed Chair Jerome Powell and other officials have made it clear they're slowing down on lowering rates. Amid ...
US hiring grows at robust pace, indicating Trump will inherit healthy economy
U.S. hiring grew at a robust pace in December, far exceeding economists' expectations and demonstrating the health of the ...
Strong December job growth could augur fewer Fed interest-rate cuts. Here's why.
Employers across the U.S. added a robust 256,000 jobs in December, a sign the labor market remains in good shape.
Economy adds 256,000 jobs in December as hiring picked up toward the end of 2024
The U.S. labor market cooled substantially in 2024, as employers sharply curtailed hiring and workers faced increasing ...
Hiring picks up steam as employers add a quarter-million new jobs to close out the year
The U.S. economy created a burst of new jobs in December, capping a solid year of employment growth marked by big gains in ...
Elevated Treasury yields are weighing on bitcoin. Here's a case for it dropping to $90,000.
The largest cryptocurrency by market capitalization (BTCUSD) has fallen 4.7% over the past five days but was up 2% on Friday to around $93,712, according to the Dow Jones Market Data. It was roughly ...