Weekly jobless claims fell more than expected, but the U.S. labor market slowdown, driven by higher interest rates and economic concerns, continues to worry big money managers.
Read More US weekly jobless claims fall; business spending on equipment softening
The recent rally that has lifted U.S. stocks and bonds is more of a year-end rebound than a turning point, according to big money managers.
Read More Big investors say US markets rally could prove short-lived
Reports show that nationwide rent prices decreased in October, signifying that the rental market is mellowing since the Federal Reserve has carried interest rates at its highest point in years.
Read More Report: Rent Prices Decreased In October For 2 Months In A Row
with Dr. Dave Brat
Read More Bidenflation is Crushing Americans
Economy Minister Sergio Massa is leading Libertarian Radical Javier Milei in the race for the next president of Argentina.
Read More Massa Leading Milei In Argentina Presidential Election
In recent months, U.S. workers in various industries have been standing up across the country, seeking better wages, retirement, and healthcare, among other benefits. Thousands of Detroit-based casino employees are now the latest to join the picket lines, voicing that the industry is “long overdue” for pay raises.
Read More Detroit Casino Workers Strike After Failed Negotiations