#jobs-report
#jobs-report
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#federal-reserve #bureau-of-labor-statistics #labor-market #economy #interest-rates #unemployment #stock-market
US news
fromFortune
1 week agoDow futures edge up as recession fears grow while Wall Street awaits the one thing that could derail Fed rate cuts
U.S. stocks open cautiously as weak jobs data raises recession fears, increasing Fed rate-cut odds while upcoming inflation and geopolitical risks could alter markets.
fromFortune
1 week agoMortgage rates plunge to 11-month low on Fed rate cut hopes, and many lenders may quote in the high 5% range
Bond yields tumbled as the weaker-than-expected jobs report raised expectations for rate cuts from the Federal Reserve. That sent the average rate on the 30-year fixed mortgage to the lowest level since October 2024. The steep drop could help shake up the housing market, which has seen a dearth of activity amid high home prices and borrowing costs. After a disappointing spring and summer, the housing market could start to heat up as fall approaches with the latest plunge in mortgage rates.
Business
fromwww.mediaite.com
2 months agoFox's Maria Bartiromo Hypes Good Job Numbers About to Come In And Skips Right By Them As News Turns Negative
The June job report revealed a decline in the private sector with a loss of 33,000 jobs, contrasting sharply with the anticipated growth of nearly 100,000 jobs.
US politics
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