Latest in Strong jobs data is good news for the economy, just not for the market. Here's why
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Strong Job Market Could Prove Costly for Homebuyers and Businesses. Here’s Why
The job market has shown resilience with unemployment falling to 4.1 percent last month.Inc. - 21m -
Stock market plunges after better-than-expected December jobs report
The Labor Department reported Friday that 265,000 jobs were added to the U.S. economy in December, which was roughly 100,000 more than expected. The unemployment rate also fell to 4.1%. CBS News ...CBS News - 1h -
New fears that strong winds will keep fueling Los Angeles wildfires
Deadly wildfires in Southern California remain mostly uncontained as of Friday evening. The Los Angeles County Medical Examiner's Office says at least 10 people have died. CBS News correspondent ...CBS News - 2h -
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Stocks and Bonds Fall After Strong Jobs Report Fuels Interest Rate Concerns
Stronger-than-expected data on the labor market has added to clues that the economy continues to run at a solid pace, amplifying fears about stubborn inflation.The New York Times - 4h -
Strong jobs data is good news for the economy, just not for the market. Here's why
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.CNBC - 6h -
Here’s where the jobs are for December 2024 – in one chart
December's job report marked another month of stronger-than-expected growth, with gains coming in many different areas of the U.S. economy.CNBC - 6h -
U.S. economy adds 256,000 jobs in December, unemployment rate at 4.1%
The final jobs report of the Biden administration has been released. It shows that the U.S. economy added 256,000 jobs in December and that the unemployment rate came in at 4.1%. NBC News’ ...NBC News - 11h -
Why General Manager Is the Hottest Job Title in College Sports
With players being paid and routinely changing schools, universities increasingly need someone besides a coach to put together a team.The New York Times - 1d -
Watch live: Biden to discuss economy after US added 256K jobs in December
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 ...The Hill - 3h -
10-, 30-year Treasury yields end at highest since November 2023 after strong jobs report
Yields on 10- and 30-year U.S. government debt finished at their highest levels in over a year on Friday after December payrolls data came in stronger than expected, reducing market expectations ...MarketWatch - 4h -
Strong December job growth could augur fewer Fed interest-rate cuts
Employers across the U.S. added a robust 256,000 jobs in December, a sign the labor market remains in good shape.CBS News - 9h -
Live Updates: U.S. Job Growth Ends the Year Strong
Employers finished the year with a burst of hiring, adding 256,000 jobs in December. The unemployment rate ticked down to 4.1 percent.The New York Times - 10h -
U.S. adds 256,000 jobs, as Biden leaves Trump with sturdy labor market
President Joe Biden will end his term with a relatively healthy labor market as the U.S. added 256,000 jobs in December and the unemployment rate ticked down to 4.1%.NBC News - 12h -
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Companies from Coca-Cola to Anheuser-Busch are getting in on the canned cocktail market. Here's why
Americans consumed over 62 million cases of ready-to-drink spirits in 2023, an increase of almost 25% from 2022.CNBC - 13h -
Are you making it in this economy, or just getting by? These two factors can determine your status.
The last four years ushered in a divided economy that left some Americans “clobbered” and others racing ahead. Two factors — homeownership and stock ownership — determined the difference.MarketWatch - 13h -
Friday's jobs report could present a mixed view of the labor market. Here's what to expect
Economists expect the Bureau of Labor Statistics to report a gain of 155,000 jobs, a step down from the surprising 227,000 increase in November.CNBC - 14h -
Why investors are still buying gold despite a strong dollar and rising Treasury yields
Gold prices settled Thursday at their highest level in four weeks, defying their usual inverse relationship with strength in the U.S. dollar and gains in Treasury yields, as fiscal worries prompt ...MarketWatch - 14h -
New York City’s Economy Surged in 2024. A Trump Shake-Up Looms.
The city has made up much of the ground it lost amid the coronavirus pandemic. Donald J. Trump’s return to the White House could upend that recovery.The New York Times - 1d -
Elon Musk's DOGE says it's hiring. Here are the jobs it wants to fill.
Elon Musk and Vivek Ramaswamy's Department of Government Efficiency says it's now hiring. Here's how to apply.CBS News - 2d -
Job Openings Rise Unexpectedly to 8.1 Million in Resilient Labor Market
Ahead of hiring numbers due out Friday, the Labor Department said the November jump in job openings, up from 7.8 million the month before, shows companies still need workers.Inc. - 2d -
The market’s wobbling. Here are BlackRock’s shields for the biggest risks.
Here are the hedges the $11 trillion asset manager recommends for the concerns weighing on investor minds.MarketWatch - 2d -
Why are gen Z shunning ‘hustle’ culture in favour of long-term jobs? Here are three good reasons | Oli Mould
Unlike previous generations of workers, young people are prioritising stability over chaos and community over churn. For decades, we’ve been told that the modern workplace is a playground of ...The Guardian - 2d -
Tired market timers are just what stocks need to rally again
Be worried when timers are stubbornly bullish after a big downturn.MarketWatch - 2d -
US stocks slide as strong data sends Treasury yields higher
Investors bet Fed likely to lower interest rates just once this year after better than expected jobs and services figuresFinancial Times - 3d -
Are the new personal data rules workable?
Also in this newsletter: India’s forex reserves fall to an eight-month low and Kumar Mangalam Birla’s mantraFinancial Times - 4d -
Jim Cramer explores why consumer goods stocks are seeing losses
CNBC's Jim Cramer reviewed Monday's market action and gave his take on why a large swath of stocks are notching losses.CNBC - 4d -
Stock market manages strong start to 2025. But watch for these potential pitfalls.
Stock-market investors are just two days into the new year but managed to halt the slide that damped the end of a still stellar 2024.MarketWatch - 5d -
Here are the 5 things we're watching in the stock market in the week ahead
Nvidia's Jensen Huang will be at CES, and investors will get a fresh batch of labor market data.CNBC - 5d -
Did the US jobs market hold up?
Market Questions is the FT’s guide to the week aheadFinancial Times - 5d -
Experts say high food prices are here to stay. Here's why
Some experts say there's really nothing the government can do about high food prices.CNBC - 6d -
Investors can use these new services to branch out for good or bad in 2025
Also: Hindenburg’s report on Carvana, the Moneyist’s most popular articles, and stocks that appear to be better bargains even after beating the S&P 500 in 2024.MarketWatch - 6d -
Why the U.S. economy is still strong despite the Fed’s 2022-’23 rate hikes
Something surprising happened on the way toward the highest U.S. interest rates in more than a dozen years: Neither consumers nor businesses buckled under the weight of higher borrowing costs from ...MarketWatch - Jan. 3 -
Bill Ackman is making good on one threat to exit Amsterdam. Here’s the other.
The Euronext Amsterdam approved the plan of the closed-end Pershing Square HoldingsMarketWatch - Jan. 2 -
Problems with UK economy data could be widespread, warns lawmaker
Meg Hillier highlights damaging consequences of under-investment in key forecasting systemsFinancial Times - Jan. 2 -
Job losses at Europe’s car parts suppliers soar as vehicle market slows
Falling sales growth and excess capacity have led to sector pain that the EV transition is not easingFinancial Times - Jan. 2 -
Why 2025 will redefine data infrastructure: 11 expert insights on sovereign clouds, exploding data, PaaS and more
Key predictions from data infrastructure industry experts and vendors to help enterprises tap the AI opportunity for growth in 2025.VentureBeat - Dec. 30