Tag Archives: labor

Federal Reserve Bank of Minneapolis President Neel Kashkari has voiced his support for a rate cut at each of the remaining Federal Open Market Committee (FOMC) meetings this year in October and December in order to address the risk of a weakening labor market. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, …

US weekly jobless claims reverse prior surge, labor market still softening  Reuters Fraudulent Texas unemployment filings caused spike in national data  Axios U.S. jobless aid applications fall after surging to nearly 4-year high  PBS False alarm: Surge in jobless claims unwinds after recent spike. Layoffs still low.  MarketWatch US Initial Jobless Claims Drop by Most in Almost Four Years  Bloomberg.com Source link

The 10-year Treasury yield is up by 5 bps after initial jobless claims fell by 33,000 for the week ended September 13, the largest weekly fall in almost four years. In addition, continuing jobless claims of 1.92 million were below the consensus estimate of 1.95 million, easing fears of a labor market slowdown. Elevate Your Investing Strategy: Take advantage of …

Fed expected to trim borrowing rates amid weaker labor market, Trump pressure  The Washington Post Fed set to cut rates, but forecast for rest of 2025 is key to markets with politics clouding the picture  CNBC What to Watch at the Federal Reserve’s September Meeting  The New York Times Federal Reserve poised to cut interest rates  NBC News The most extraordinary Fed meeting yet …

Disputes exist between the Long Island Rail Road Company and certain of its employees represented by certain labor organizations.  The labor organizations involved in these disputes are the Transportation Communications Union, the Brotherhood of Locomotive Engineers and Trainmen, the Brotherhood of Railroad Signalmen, the International Association of Machinists and Aerospace Workers, and the International Brotherhood of Electrical Workers. The disputes have …

Fired by Trump, a Former Labor Official Warns Against Politicizing Economic Data  The New York Times Former BLS commissioner says firing her was a ‘dangerous’ step for the US economy  CNN Fired BLS Chief Breaks Silence, Calls Her Dismissal a ‘Dangerous Step’  The Wall Street Journal BLS chief fired by Trump over jobs report comments publicly for first time  The Hill Fired BLS chief …

Fired by Trump, a Former Labor Official Warns Against Politicizing Economic Data  The New York Times Former BLS commissioner says firing her was a ‘dangerous’ step for the US economy  CNN BLS chief fired by Trump over jobs report comments publicly for first time  The Hill Ex-BLS chief said she was blindsided by Trump firing  Politico Fired BLS chief calls Trump’s attack on US …

US retail sales increase strongly; softening labor market a headwind  Reuters Against the odds, Americans are still spending  CNN Retail sales up 0.6% in August from July even as tariffs hurt jobs and lead to price hikes  Yahoo Finance Retail sales are strong for the third month in a row. Economy still seems to be in pretty good shape.  MarketWatch Retail sales surprise as …

Lawmakers are weighing a farm labor bill. Pennsylvania’s farmers are telling them to hurry up.  Politico Immigrant New York Farm Workers Issue Warning Over ICE Raids  Newsweek Advocates for immigrants in New York say fear is leading to serious health problems  waer.org Farmers advocate for reform, workers fight for survival amid Trump immigration crackdown  Idaho Capital Sun Cortland County farmers worried about ICE raids, …

Wall St Week Ahead: Investors seek Fed’s view of shaky labor market as rate cut looms  Reuters Consumer prices rose at annual rate of 2.9% in August, as weekly jobless claims jump  CNBC Inflation ticked up in August amid weakening job market  NBC News Inflation Ticks Up to 2.9%, but Fed Rate Cut Seems Assured as New Unemployment Claims Surge  Realtor.com Inflation jumps as …