Why Software Leaders ServiceNow, Snowflake, and UiPath Rallied Today
Software leaders ServiceNow (NYSE: NOW), Snowflake (NYSE: SNOW), and UiPath (NYSE: PATH) rallied on Friday, up 3.1%, 3.7%, ...
Chicago Federal Reserve President praises strong September jobs report, cautions overexcitement
Economists should “take the longer view” on continued economic and inflationary recovery, even as September returned a ...
Biden Makes Surprise Appearance, Champions Economy Aiding Harris
President Joe Biden appeared in the White House briefing room for a victory lap celebrating a rosy jobs report and resolution to the strike that had temporarily paralyzed ports along the Eastern ...
Why a Strong Jobs Report Won’t Stop the Fed From Cutting Rates
On the other hand, the world is a mess, inflation still lurks, and there’s a contentious election in November. Given all of ...
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Strong Jobs Report Takes Pressure Off Fed For Next Meeting
Released early Friday, the “dinger” of a jobs report, as JPMorgan Chase & Co. chief US economist Michael Feroli called it, almost immediately reduced expectations among economists and investors that ...
Global supply chain pressures easing, New York Fed index shows
The resolution of a U.S. port strike is likely to keep global supply chain pressures on a calm footing, allowing for a ...
Supply Chain Calm Likely to Remain Amid US Port Strike Settlement
Containers are stacked beneath cranes at Port Newark Container Terminal as U.S. East Coast and Gulf ports resumed operations ...
September jobs report: Payrolls rise 254,000 as unemployment rate slips to 4.1%
The labor force participation rate among women ages 25 to 54, their prime working years, dipped to 78.1% September, from 78.4 ...
U.S. Job Market Soared in September, Exceeding Analysts Expectations
The U.S. job market surpassed forecasts with a staggering addition of 254,000 new jobs in September. Experts were forecasting the number to be around 150,000. The unemployment rate, meanwhile, fell ...