A hot December jobs report, combined with a murky inflation outlook for 2025, has some economists debating if the Federal Reserve may need to hike interest rates again.
Underlying US inflation probably cooled only a touch at the close of 2024 against a backdrop of a resilient job market and ...
These are today's mortgage and refinance rates. Mortgage rates inched up in response to data showing that the labor market is ...
More immediately, however, the rise in Treasury yields is hammering investor calculations for U.S. stocks, which are based in ...
Treasury yield stays above 4%, signaling a tough year for stocks as strong jobs data dampen hopes for Fed rate cuts in 2025.
Gold prices rise as Trump policy risks boost safe-haven demand, offsetting strong US jobs data, a rallying dollar, and ...
A recent surge in US Treasury yields may gain even more momentum after a strong jobs report reinforced expectations that ...
The Dow DJIA dropped almost 700 points Friday, booking a back-to-back weekly decline that left it down 1.4% so far in January. That marked the index's worst performance over the first six trading days ...
US job gains soared past expectations in December, according to government data released on Friday, in a sign the labor market remains healthy shortly before President-elect Donald Trump's ...
The U.S. labor market finished 2024 strong, with a December jobs report that surpassed economists’ predictions. Employers ...
Most economists were expecting mortgage rates to fall over the course of the coming year. But rates have risen steadily over the last month, inching back up to 7% - and they're expected to move even ...