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The labor market is currently in a "broadly stable" state, with little turnover and a steady unemployment rate. However, economists are concerned that inflation could eventually lead to a downturn in the job market, as higher prices could weigh on consumer spending and businesses may be less likely to hire new employees.
Published on: February 06, 2025, 12:01 PM UTC
US index futures fluctuated Thursday as concerns about US stock valuations resurfaced amid disappointing corporate earnings, while 10-year Treasury yields ticked higher after an interview with Treasury Secretary Scott Bessent.
Published on: February 06, 2025, 12:01 PM UTC
President Trump's policies so far have focused on trade barriers and immigration, which some argue won't effectively address American voters' top concerns: inflation, housing affordability, and insurance costs. Here are some direct actions Trump could take to target these issues.
Published on: February 06, 2025, 11:02 AM UTC
Markets react to Big Tech's AI spending and Trump's tariffs. Alphabet's stock drops after weak earnings, while Nvidia's climbs on AI spending plans. Amazon to release earnings soon. Tariffs rattle Ford and Chipotle. Fed watchers concerned about inflation. Gold hits record highs on trade war fears. Oil prices rise after Saudi price increase.
Published on: February 06, 2025, 11:02 AM UTC
Oil rises after sliding to lowest level this year amid Trump's trade tariffs and Gaza comments
Published on: February 06, 2025, 11:01 AM UTC
Futures tied to Wall Street's main indexes rise ahead of corporate earnings reports. Markets find reprieve in lull in Trump's tariff escalation.
Published on: February 06, 2025, 11:00 AM UTC
Qualcomm stock slides 5% after licensing revenue disappoints, despite record quarterly sales.
Published on: February 06, 2025, 11:00 AM UTC
Oil traders seek waivers on US crude, LNG tariffs, threatening flows to China
Published on: February 06, 2025, 11:00 AM UTC
Boeing forecasts that Indian and South Asian airlines will add 2,835 aircraft to their fleet over the next 20 years, amidst rising travel demand and economic growth.
Published on: February 06, 2025, 10:02 AM UTC
Ford beats Q4 estimates but issues muted FY23 guidance, citing headwinds, expects losses in Model e to persist in 2025, and calls for comprehensive tariff policy.
Published on: February 06, 2025, 10:01 AM UTC