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…
Federal Reserve Chair Jerome Powell is set to deliver what almost certainly will be his last keynote address at the central bank’s annual conclave during one of the most tumultuous times in its history. What’s at stake is the near-term sentiment for financial markets, the longer-term path of the Fed’s policy trajectory, and a not…
U.S. President Donald Trump boards his plane to depart from Eastern Iowa Airport, U.S. October 7, 2023. Jonathan Ernst | Reuters After U.S. jobs figures for May and June were revised significantly downward by the Bureau of Labor Statistics — slashing a combined 258,000 from previous figures — President Donald Trump, imputing political bias and…
The U.S. stock market will likely sell-off sharply if Thursday’s jobs report is anything like the weak private payrolls number from ADP, according to imagined outcomes from the JPMorgan trading desk. In a note on Wednesday, the JPM U.S. Market Intelligence team said the stock market is likely to move higher if the jobs report…
People visit booths set up by the City of Sunrise and their police department at the Mega JobNewsUSA South Florida Job Fair at the Amerant Bank Arena on April 30, 2025 in Sunrise, Florida. Joe Raedle | Getty Images Private sector hiring unexpectedly contracted in June, payrolls processing firm ADP said Wednesday, in a possible…
Wednesday’s Federal Reserve update kept intact a key interest rate projection that Wall Street was looking for, but it also raised concern about deeper structural problems for the U.S. economy. The official forecast from Fed officials still pointed to two interest rate cuts in 2025. But Fed officials also lowered the outlook for economic growth…