WASHINGTON — U.S. employers posted 8.7 million job openings in October, the fewest since March 2021, in a sign that hiring is cooling in the face of higher interest rates yet remains at a still-healthy pace. The Labor Department’s report […]
NEW YORK — Stocks rose on Wall Street Tuesday as two economic reports suggested the economy is cooling enough for the Federal Reserve to pause hiking interest rates. The S&P 500 rose 1.2%, adding to the weeks’ early gains and […]
Applications for unemployment benefits fell again last week as America’s labor market continues to hum along despite attempts by the Federal Reserve to cool the economy and bring down inflation that’s still higher than optimal. The number of Americans applying […]
NEW YORK — Stocks slipped Wednesday, as Wall Street braced for a highly anticipated report on inflation that’s on the way. The S&P 500 fell 31.67, or 0.7%, to 4,467.71 for its sixth drop in the last seven days. The […]
NEW YORK — Stocks are tumbling Tuesday as worries about the banking system and the global economy force more caution into financial markets worldwide. The S&P 500 was 0.8% lower in afternoon trading and on track for its fifth […]
WASHINGTON — The U.S. economy surprisingly accelerated to a 2.4% annual growth rate from April through June, showing continued resilience in the face of steadily higher interest rates resulting from the Federal Reserve’s 16-month-long fight to bring down inflation. Thursday’s […]
SACRAMENTO, Calif. — California Gov. Gavin Newsom and the Democrats who control the state Legislature agreed late Monday on how to spend $310.8 billion over the next year, endorsing a plan that covers a nearly $32 billion budget deficit without […]
The number of Americans applying for unemployment benefits last week rose to its highest level since October 2021, but the labor market remains one of the healthiest parts of the U.S. economy. The Labor Department reported Thursday that U.S. applications […]
NEW YORK — U.S. stocks are drifting Monday to begin what could be a quiet stretch following their best week since March. The S&P 500 edged up 0.1% in morning trading. The Dow Jones Industrial Average was down 120 points, […]
WASHINGTON — America’s employers added a healthy 253,000 jobs in April, evidence of a labor market that still shows surprising resilience despite rising interest rates, chronically high inflation and a banking crisis that could weaken the economy. The unemployment rate […]
WASHINGTON — America’s employers added a solid 236,000 jobs in March, suggesting that the economy remains on solid footing despite the nine interest rate hikes the Federal Reserve has imposed over the past year in its drive to tame […]
NEW YORK — Stocks are slipping Wednesday after the Federal Reserve announced its latest hike to interest rates, while also saying it may not tighten the screws much more on the economy and Wall Street. The S&P 500 was 0.4% […]
WASHINGTON — America’s employers added a substantial 311,000 jobs in February, fewer than January’s huge gain but enough to keep pressure on the Federal Reserve to raise interest rates aggressively to fight inflation. The unemployment rate rose to 3.6%, from a […]
WASHINGTON — Does the Federal Reserve have it wrong? For months, the Fed has been warily watching the U.S. economy’s robust job gains out of concern that employers, desperate to hire, would keep boosting pay and, in turn, keep inflation high. But […]
WASHINGTON — U.S. job openings rose to 11 million in December, delivering a setback to the Federal Reserve’s effort to cool a hot job market. Openings were up from 10.44 million in November and were the highest since July, according […]
NEW YORK — Stocks are swinging through mixed trading on Wall Street Thursday following reports suggesting the economy and corporate profits may be doing better than feared. The S&P 500 was virtually unchanged in late morning trading after an earlier […]
WASHINGTON — The U.S. economy expanded at a 2.9% annual pace from October through December, ending 2022 with momentum despite the pressure of high interest rates and widespread fears of a looming recession. Thursday’s estimate from the Commerce Department showed […]
Wall Street’s losses deepened Thursday as worries that the U.S. may be headed for a painful recession kept stock traders in a selling mood. The S&P 500 and Dow Jones Industrial Average each fell 0.8%, their third straight drop. The […]
NEW YORK — Stocks are drifting higher on Wall Street Tuesday, largely stuck in a holding pattern ahead of some potentially market-moving reports scheduled for later in the week. The S&P 500 was 0.5% higher in afternoon trading after flipping […]
NEW YORK — Wall Street is rising Tuesday after a report showed inflation cooled more than expected last month, offering hope that pressure may ease on an already squeezed economy. The S&P 500 was 1% higher in afternoon trading. The […]
Worries about inflation weighed on Wall Street, leaving major indexes mixed after another bumpy day of trading. The S&P 500 ended down 0.1% and the Nasdaq lost 0.2% after being down even more earlier in the day. The Dow ended […]
NEW YORK — Stocks closed higher on Wall Street after another day of uncertain trading as markets weighed the latest reading on the jobs market and what it means for interest rates and the odds of a recession. The S&P […]
WASHINGTON — The U.S. economy grew at a 2.6% annual rate from July through September, snapping two straight quarters of contraction and overcoming high inflation and interest rates just as voting begins in midterm elections in which the economy’s health […]
NEW YORK— Stocks fell in midday trading on Wall Street Friday as investors weighed the latest updates on inflation expectations, consumer spending and corporate earnings. A report showing U.S. consumers raised their expectations for future inflation hurt markets worldwide, offering […]
10,000 People Are Missing And Thousands Are Feared Dead As Eastern Libya Is Devastated By Floods 
Oprah Winfrey and Dwayne Johnson Launch Fund With $10 Million For Displaced Maui Residents 
Bare Electrical Wire And Leaning Poles On Maui Were Possible Cause Of Deadly Fires 
New York City Mayor Gives Sean ‘Diddy’ Combs A Key To The City During A Ceremony In Times Square 
Lawsuit By Former Dancers Accuses Lizzo Of Sexual Harassment And Creating A Hostile Work Environment 
Tina Turner, Unstoppable Superstar Whose Hits Included ‘What’s Love Got to Do With It,’ Dead At 83 
Appeals Court Upholds Gag Order On Trump In Washington Case But Narrows Restrictions On His Speech 
Stock Market Today: Wall Street Drifts Higher Ahead Of A Highly Anticipate Jobs Report 
Israel And US At Odds Over Conflicting Visions For Postwar Gaza Copyright © 2023 Front Street. All Rights Reserved.
You must be logged in to post a comment.