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It's a quiet week for economic data, though Fedspeak is set to ramp up with speeches from six central bank officials scheduled throughout the week. Here's where US indexes stood at the 4:00 p.m ...
As of 2023, according to estimates by the nonpartisan Economic Policy Institute (EPI), foreign-born labor accounted for record-high 18.6% of the US workforce. That same year, according to EPI, the ...
President Biden will deliver remarks Friday evening about the state of the economy and the most recent jobs report, which showed the country added a whopping 256,000 jobs last month. This report ...
An economic indicator is a statistic that conveys certain information about economic activity. Economic indicators allow investors to analyze the economic performance of a state, country or region, as well as make forecasts about future performance. For example, each quarter the United States releases data on gross domestic product (GDP). This ...
Investors are also eyeing key employment data releases this week for further market direction. US stocks rose on Monday, with the Dow and S&P 500 closing at record highs as investors digested new ...
The latest jobs report released Friday revealed that the US economy added an eye-popping 272,000 jobs in May. The combination of persistent inflation and strong job growth has led Wall Street to ...
That was largely due to a downward revision to consumer spending, which accounts for about 70% of the US economy. Spending advanced 2% in the January-through-March period, compared to the initial ...
Markets see the Fed likely making one fewer cut than was priced in on Oct. 4 and two fewer cuts than markets were projecting on Sept. 18, the day the Fed slashed rates by half a percentage point.