Shares of exchange-traded funds that hold bank stocks were rising sharply on Friday, as investors assessed a strong U.S. jobs report released before the opening bell. The Invesco KBW Bank ETF was up 1 ...
Last month, the Fed slashed interest rates by a supersized half-point in a bid to prevent the job market from falling apart, ...
Following Friday’s jobs data, Bank of America analysts changed their call for the November Fed meeting. They now expect ...
With recent, stronger jobs data markets expect the remaining cuts of 2024 to be 0.25% moves as chance of 0.5% cut fades.
Pantheon Economics cited a "red flag" in September's jobs market data, and expects that the Fed to deliver more 50 basis ...
U.S. Federal Reserve concerns about a slowing job market were relieved for at least another month when new data on Friday ...
The stakes for this week's consumer inflation report are higher after last week's red-hot jobs report, BofA says.
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French retail bank Credit Commercial de France (CCF), backed by investment firm Cerberus Capital Management, plans to cut more than 1,000 jobs, or about a third of its workforce, three union sources ...
Good morning and happy Friday, Boston. Here are today's five things you need to know, plus a new schizophrenia drug, clean ...