The US Department of Labor headquarters in Washington, DC, US, on Monday, Aug. 11, 2025. Bloomberg | Bloomberg | Getty Images The White House used revised jobs data released Tuesday as fodder to criticize three frequent targets of President Donald Trump: the Bureau of Labor Statistics, former President Joe Biden and Federal Reserve Chair Jerome…
US nonfarm payrolls for the 12 months ended March 2025 were slashed by 911,000 jobs, according to preliminary revisions released Tuesday by the Bureau of Labor Statistics. Economists had predicted a downward shift of 682,000 jobs for the period, according to analysts tracked by Bloomberg data. The revisions follow an August payrolls increase of only…
US stock futures trod water on Tuesday as investors waited for a revision to jobs numbers, seen as likely to show further labor-market weakness that could reset expectations for interest-rate cuts. Dow Jones Industrial Average futures (YM=F) nudged up 0.1%, while those on the S&P 500 (ES=F) gained 0.2%. Contracts on the tech-heavy Nasdaq 100…
(Reuters) -U.S. stock index futures were subdued on Tuesday after the major indexes posted near-record closing highs in the previous session and investors remained cautious ahead of an impending employment rate revision. A preliminary estimate of the nonfarm payrolls benchmark published by the Bureau of Labor Statistics is due at 10 a.m. ET, with economists…
The US labor market is slowing down. After a round of weaker-than-expected job market figures this week, the Bureau of Labor Statistics (BLS) will release the August jobs report on Friday morning at 8:30 a.m. ET. The report is expected to confirm these trends seen elsewhere in the US economy. Economists expect the US economy…
US stock futures climbed up as investors braced for key labor market data, with an interest rate cut now seen as all but certain. Futures attached to the Dow Jones Industrial Average (YM=F) traded flat. Futures attached to the benchmark S&P 500 (ES=F) ticked up 0.1%. Futures attached to the tech-heavy Nasdaq 100 (NQ=F) rose…
More Americans are staying put in their jobs rather than jumping ship as the labor market cools. So concludes a new analysis from the Bank of America Institute, which drew on the deposit data from millions of its customers to track job changes and the median pay bump people get when they switch employers. The analysis…
The S&P 500 (^GSPC) is set to hit another record close on Tuesday and close above 6,400 for the first time ever. As has been the case for much of the bull market that started in October 2022, large-cap technology stocks are driving the market’s latest leg higher. “Investors are back to their usual embrace…
Tilray (TLRY) stock rose another 10% in premarket trading on Tuesday after soaring 41% on Monday amid speculation that President Trump may move to reclassify marijuana as a less dangerous drug. The Canadian cannabis company traded hands at over $1 per share for the first time since February. Despite a 60% gain in the past…
The Consumer Price Index in July rose 2.7% on an annual basis, slightly cooler than economists had forecast. By the numbers The CPI was expected to rise 2.8% last month, according to economists polled by financial data firm FactSet. On a month-over-month basis, the CPI rose 0.2%, in line with economists’ forecasts. The CPI, a…