U.S. job expansion over the 12 months ending in March was overestimated by a staggering 818,000 on Wednesday, which is a worrisome sign that the economy has continued to slow down.
Read More Report: 818K Less Jobs Were Created By Biden Admin., Calling For Concerns About The Economy
Markets have been choppy after the S&P 500 and the Nasdaq extended gains to an eighth straight session on Monday.
Read More Wall St little unchanged as investors await Fed cues
Wall Street’s main indexes rose about 1% on Thursday as retail sales data for July indicated resilient consumer spending.
Read More Wall St marches ahead as retail sales quell slowdown worries
Elon Musk is interviewing President Trump; Representative Ilhan Omar may be the next member of the Squad to fall; and Wall Street awaits some critical economic data.
Read More THE SCOOP ON THE WEEK AHEAD 8/12 – 8/17
Wall Street’s main indexes capped off a tumultuous week where global markets were rattled and fears of a recession in the world’s biggest economy.
Read More Wall St edges lower as volatile week draws to a close
President Trump takes question from reporters while Kamala Harris dodges them; new bodycam footage is released of the Trump assassination attempt; Wall Street is starting to rebound after much turbulence earlier in the week.
Read More The Scoop 8/8/24