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
Tag: job growth
US weekly jobless claims at three-month high; import prices tumble
The number of Americans filing new claims for unemployment benefits increased to a three-month high last week.
Read More US weekly jobless claims at three-month high; import prices tumble
Fed set to hold rates steady despite US economy’s bullish tone
Fed’s policy rate likely to remain in 5.25%-5.50% range as US economy has defied expectations of a slowdown.
Read More Fed set to hold rates steady despite US economy’s bullish tone
New Report Shows 336K New Jobs Added To U.S. Economy, Defying Expectations
The U.S. economy witnessed a hefty increase of 336,000 new jobs last month, marking the strongest job growth since January, according to the latest report by the Bureau of Labor Statistics.
Read More New Report Shows 336K New Jobs Added To U.S. Economy, Defying Expectations