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After hitting a peak in early June, initial jobless claims have been sliding in recent weeks, and that continued to be the case at the end of last month. About 233,000 new unemployment insurance ...
Traders are fleeing any remaining bets on the Federal Reserve cutting interest rates on July 30. Odds of a July rate cut sank to 4.7% on Thursday after the June jobs report came in stronger than ...
Treasury yields rose sharply in response to Thursday's labor market data, suggesting that traders see less reasons for the Federal Reserve to cut rates in July. The 2-year Treasury yield, which is ...
Stock futures rallied on Thursday after the June jobs report came in stronger than expected. The Labor Department said the U.S. economy added 147,000 jobs in June, which was well above expectations at ...
U.S. hiring proved more resilient than expected in June, alleviating some fears that the labor market’s steady cooling had shifted into an all-out slump. Employers added 147,000 jobs to nonfarm ...
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