The federal government shut down on Wednesday after lawmakers failed to agree on a short-term funding measure ahead of the Oct. 1 deadline. As a result, all “nonessential” government functions will come to a halt, with hundreds of thousands of federal workers finding themselves furloughed or working without pay. Certain essential government services —…
U.S. Treasury yields are little changed as investors assess the growing risk of a potential federal government shutdown, while also looking ahead to the Job Openings and Labor Turnover Survey (JOLTs) report. The 10-year Treasury yield was lower by one basis point to 4.13%, while the 2-year Treasury yield fell over 2 basis points to 3.61%. The 30-year Treasury yield was…
A view of the U.S. Capitol on September 29, 2025 in Washington, DC. Anna Moneymaker | Getty Images For all the political firestorms they generate, government shutdowns historically have been nonevents for both markets and the economy. This time, though, could be different. That’s because President Donald Trump’s threat to make some federal government furloughs…
How will the Federal Reserve spend its next couple of months? Actually, wait until the week ahead is through before making a prediction. The latest bundle of jobs data due out in the coming days will help shape the market’s expectations for interest rate cuts at the central bank’s final two policy meetings of the…
WASHINGTON – The Federal Reserve on Wednesday approved a widely anticipated rate cut and signaled that two more are on the way before the end of the year as concerns intensified over the U.S. labor market. In an 11-to-1 vote signaling less dissent than Wall Street had anticipated, the Federal Open Market Committee lowered its…
A construction worker is shown on the job site at a multi-unit residential housing project in Encinitas, California, U.S., July 28, 2025. Mike Blake | Reuters With job growth tanking and the economy wobbling, pressure is on for the Federal Reserve to start lowering interest rates, with markets now expecting a cut at each of…
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…
Traders work at the New York Stock Exchange on June 4, 2025. NYSE Here are two statements that, on the surface, may appear contradictory: The U.S. labor market is weakening, with the number of jobs in June actually decreasing. The U.S. stock market is hitting all-time highs, with the Nasdaq Composite being the latest index…
Traders work at the New York Stock Exchange on Aug. 29, 2025. NYSE Traders are leaving open the option the Federal Reserve next week could cut its key interest rate by half a percentage point, though most on Wall Street think the bar for doing so is pretty high. In the most likely scenario being…
The New York Stock Exchange on Aug. 26, 2025. Brendan McDermid | Reuters The August jobs report on Friday is expected to confirm the labor market is weakening. Just by how much is what will matter to investors. It can’t be too slow, nor can it be too hot. Wall Street is on edge heading…