Investors pull $30 billion out of Pimco as inflation fears bite
admin Investors pulled 29 billion euros ($29.6 billion) from bond giant Pimco in the second quarter,…
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U.S. stock futures turn lower after much stronger-than-expected jobs report reinforces Fed rate hike expectations
U.S. stock-index futures turned lower Friday morning after a much stronger than expected reading on…
Read MoreJobs shocker: U.S. adds 528,000 jobs in July and unemployment falls to pre-pandemic levels
The numbers The U.S. added a surprisingly strong 528,000 new jobs in July and the…
Read MoreComing up: U.S. jobs report for July
The U.S. is forecast to add 258,000 new jobs in July, according to economists polled…
Read MoreWhat the plunging ISM index really tells us about what’s next for the stock market
I’m not saying the bear market is over. But if U.S. stocks continue to slide,…
Read MoreTreasury yields surge after blockbuster U.S. July jobs figures
Treasury yields jumped sharply Friday after a much stronger than expected U.S. July jobs report…
Read MoreRBA cuts GDP, unemployment forecasts and ramps up inflation expectations
SYDNEY — The Reserve Bank of Australia has lowered its 2022 unemployment forecast, highlighting the…
Read MoreZillow is almost done selling homes, but stock slumps as the hard part is still to come
Zillow Group Inc. is almost done selling all the homes it bought in a flurry…
Read MoreFed’s Mester backs higher interest rates until inflation begins to fade
The president of the Cleveland Federal Reserve said Thursday that the central bank needs to…
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‘A clear sign that the U.S. economy is not in a recession’: Economists react to blowout July jobs report
The July jobs report on Friday showed the U.S. economy gained 528,000 jobs last month,…
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