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Federal Reserve

FTSE 100: Nasdaq falls 10% from record high and London closes in red amid market sell-off

In a significant move, the Bank of England executed its first interest rate cut in four years, lowering the rate from 5.25% to 5%....

Jerome Powel is suddenly bearish on the jobs market, and it’s a welcome sign for Wall Street

Federal Reserve Chair Jerome Powell on Wednesday reinforced a message that the Fed is paying growing attention to a slowing job market and not...

June jobs panel: We didn’t expect fireworks as economy cools

The US labor market saw 206,000 added in the month of June, according to the US Bureau of Labor Statistics. The Morning Brief is...

Stock market today: Indexes test record highs as dovish jobs report sends bond yields lower

US stocks tested record highs on Friday after the June jobs report sent bond yields tumbling.The US economy added 206,000 jobs in June, but...

US Bond Yields Fall as Jobs Data Fuels Bets on Two 2024 Fed Cuts

(Bloomberg) -- Traders are once again betting that Federal Reserve officials will lower interest rates twice this year as a mixed report on the...

June jobs report raises pressure on Fed for September rate cut

The June jobs report sent a clear message to the Federal Reserve — the central bank risks falling behind the curve.Job gains north of...

Stock market today: The S&P 500 holds near record as jobs data lands

US stocks held near all-time highs on Friday as investors weighed the June jobs report, which will play into Federal Reserve rate cut calculations.The...

Softer Hiring, 4.1% Jobless Rate Support Fed Rate Cut

The June jobs report showed that hiring slightly exceeded expectations, as employers added 206,000 payroll positions, but prior months' job growth was revised lower....

Stock market today: S&P 500 futures hold near record with June jobs data on deck

Paramount's (PARA) stock jumped on Wednesday, up about 8% in early trading, after the Wall Street Journal reported the media giant's merger with Skydance...

What to look for in the U.S. government’s June jobs report

A key government report on Friday is expected to show slowing, but steady, job growth in June, with forecasters increasingly confident that the U.S....

What to look for in the U.S. government’s June jobs report

A key government report on Friday is expected to show slowing, but steady, job growth in June, with forecasters increasingly confident that the U.S....

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