Russian President Vladimir Putin on Thursday ordered Moscow’s armed forces to hold a 36-hour cease-fire in Ukraine this weekend for the Russian Orthodox Christmas holiday, the Kremlin said. The order Read more
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Jobless claims fall to 3 1/2-month low of 204,000 in sign labor market still too hot for the Fed
The numbers: The number of Americans who applied for unemployment benefits in the last week of 2022 fell to a three-and-a-half month low of 204,000, offering little evidence that the Read more
ADP says 235,000 private-sector jobs created in December
The numbers: Private-sector employment rose by 235,000 in December, payroll processor ADP said Thursday, in a sign that many companies are still hiring and the labor market remains strong. Economists Read more
House adjourns until Thursday as new rounds of voting keep failing to elect speaker
The U.S. House of Representatives voted on Wednesday night to adjourn until 12:30 p.m. Eastern on Thursday, with the move coming as lawmakers have been unable to elect a new Read more
U.S job openings stay high at 10.5 million and show labor market still very strong
The numbers: Job openings in the U.S. fell slightly to 10.46 million in November, but workers were still quitting in droves in a sign the labor market remains quite strong — Read more
How a House speaker is elected — and how steep a hill Republican Kevin McCarthy will need to climb
WASHINGTON (AP) — Kevin McCarthy is set to face a case of déjà vu come Tuesday. The political future of the 57-year-old will once again be at stake as Republican Read more
Trump warns sharing his tax returns will ‘lead to horrible things for so many’
“‘The Democrats should have never done it, the Supreme Court should have never approved it, and it’s going to lead to horrible things for so many people.’” That was former Read more
Trump’s tax returns are now public
The U.S. House Ways and Means Committee released six years of former President Donald Trump’s tax returns on Friday. Experts will be looking closely at large business losses reported by Read more
Good riddance 2022. Here are five key themes for investors heading into the new year, according to BNY Mellon.
And so we reach the last trading day of 2022. Good riddance. Thankfully at this time of year there is no shortage of analysts and investors wishing to look ahead. Read more
Did 2022 break Wall Street’s ‘fear gauge’? Why the VIX no longer reflects the sorry state of the stock market
U.S. stocks are about to cap off their worst year since 2008. But investors wouldn’t know it by glancing at what’s often referred to as Wall Street’s favorite fear gauge, Read more