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The data, along with the October nonfarm payroll report due on Friday, will inform the Fed's next move at its meeting next week. The odds of a quarter-point interest rate cut stand at 98.2% ...
Stocks ended 2024 near record highs. Over the past 12 months, the Nasdaq Composite has rallied 30% and the S&P 500 has climbed over 24%.Meanwhile, the blue-chip Dow Jones has risen a more modest 13%.
Last week’s filings were up by 3,000 from the upwardly revised tally the week before but were mostly in line with economists’ forecasts. Economists were expecting 218,000 initial claims ...
Stocks surged in the morning after the economy’s powerful show of resilience, but later lost steam and closed the day mixed. The Dow rose 81 points, or 0.2%, after jumping more than 500 points ...
The American economy expanded at a healthy 2.8% annual pace from July through September on strong consumer spending and a surge in exports, the government said Wednesday, leaving unchanged its ...
Following the two-day Federal Open Markets Committee meeting Powell said the Fed has decided to keep their current rate range of 5.25-5.50 percent and signaled that it believes long-run rates will ...
In other news, jobless claims came in at 242,000 for last week, the Labor Department reported on Thursday. That number marks the highest level since early October, and comes in above forecasts of ...
Weather. 24/7 Help. ... A massive day for the US economy is coming: What to watch. Analysis by Krystal Hur, CNN. June 11, 2024 at 7:26 AM ... You can get TurboTax for 30% off on Amazon today. AOL.