We know new business applications have been on the rise. What we don’t know is how it impacts job creation. (Photo by Thomas A. Ferrara/Newsday RM via Getty Images) Newsday via Getty Images The U.S. job market just got a big rewrite. On Sept. 9, the Bureau of Labor Statistics (BLS) said the economy added 911,000 fewer jobs in the …
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Stock Market News Review: SPY, QQQ Shrug Off Record-Breaking Jobs Revision and Warning from JPMorgan CEO Jamie Dimon
Both the S&P 500 ETF (SPY) and the Nasdaq 100 ETF (QQQ) closed in positive territory on Tuesday ahead of key inflation data later this week. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. In a resilient move, the market …
Read More »US payrolls benchmark revision estimate suggests labor market weaker than previously thought – Reuters
US payrolls benchmark revision estimate suggests labor market weaker than previously thought Reuters JPMorgan CEO Jamie Dimon says the economy ‘is weakening’ CNBC Job market cracks are bigger than they originally looked Axios BLS revision shows hiring was overstated by 911,000 jobs in past year NPR Dimon Says US Economy Is Weakening After Record BLS Revision Bloomberg.com Source link
Read More »Wall St subdued as rate cut bets intact after employment revision figures – Reuters
Wall St subdued as rate cut bets intact after employment revision figures Reuters Stock market today: Dow, S&P 500, Nasdaq waver after US jobs data is revised sharply down Yahoo Finance Wall Street holds near its records following the latest report showing the US job market is slowing AP News CNBC Daily Open: Why August’s bad jobs report might be good for AI …
Read More »Stocks and dollar steady as traders eye key payrolls benchmark revision – Reuters
Stocks and dollar steady as traders eye key payrolls benchmark revision ReutersView Full Coverage on Google News Source link
Read More »Dow, S&P 500, Nasdaq drift as Wall Street braces for revision to jobs data
US stock futures trod water on Tuesday as investors waited for a revision to jobs numbers, seen as likely to show further labor-market weakness that could reset expectations for interest-rate cuts. Dow Jones Industrial Average futures (YM=F) fluctuated along the flat line, while those on the S&P 500 (ES=F) nudged up 0.1%. Contracts on the tech-heavy Nasdaq 100 (NQ=F) put …
Read More »Major jobs revision Tuesday could show the labor market is weaker than previously thought
The latest jobs report points to a labor market that’s faltering, but the slowdown may have begun much earlier. Economists expect the Bureau of Labor Statistics tomorrow to issue a major downward revision, showing the nation added hundreds of thousands fewer jobs than first reported. On Sept. 9, the BLS will release its preliminary benchmark revision to labor market data, which …
Read More »US Retail Sales Climb in Broad Advance After Upward Revision – Bloomberg.com
US Retail Sales Climb in Broad Advance After Upward Revision Bloomberg.com Stock market today: Dow eyes record on UnitedHealth surge, S&P 500, Nasdaq fall as rate-cut bets cool Yahoo Finance Retail sales jump as discount events stoke spending Axios Treasury yields flat after July’s solid retail sales data report CNBC Automobiles, promotions bolster rise in US retail sales in July Reuters Source link
Read More »Trump fires labor statistics chief after large revision to jobs report – The Washington Post
Trump fires labor statistics chief after large revision to jobs report The Washington Post Trump fires a senior official over jobs numbers CNN Veterans Unemployment Rate Drops, But Trump Fires BLS Commissioner After Weak Overall Jobs Report Military.com Trump fires commissioner of labor statistics after weaker-than-expected jobs figures slam markets CNBC Fed Governor Steps Down Early, Giving Trump Opportunity to Appoint New Official The New …
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