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 softeningTag: labor market
U.S. Treasury Secretary Expresses Confidence In The Economy Despite Rising Inflation, UAW Strike
Treasury Secretary Janet Yellen said Monday she did not see any signs of the U.S. economy entering a recession, citing the strong labor market, cooling inflation, and robust consumer spending as reasons for her forecast.
Read More U.S. Treasury Secretary Expresses Confidence In The Economy Despite Rising Inflation, UAW Strike
