Stocks Pulsate As June Inflation Undercuts Expectations: 10 Major Reactions
U.S. Consumer Price Index (CPI) inflation decelerated beyond predictions in June, impacting the investor outlook on the Federal…
US Housing Starts Skyrocket To Highest Level Since 2016: Sign Of Strong Market Optimism Among Builders
U.S. housing starts in May saw the highest increase since 2016, along with an uptick in applications to build, indicating a rejuvenation of residential construction.
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Revolutionary Shift: IEA Forecasts Peak In World Oil Demand By 2028 As EVs Disrupt Global Energy Markets – 3 ETFs Tracking EV Stocks
The International Energy Agency (IEA) has announced that global oil demand will reach its peak of 105.7 million…
Higher-than-Expected Increase In Unemployment Claims Raises Alarm For Job Market
The most recent report from the Department of Labor revealed a larger-than-anticipated uptick in unemployment claims for the…
Global Economy Balances On Recovery Tightrope, Outlook Report Shows: ‘This Is Hard’
The global economy, as depicted in the June 2023's OECD Economic Outlook, is exhibiting signs of improvement — albeit with a fragile upturn and substantial downside risks.
US Services Activity Expands For Fifth Month, But Shows Softening Demand
The ISM Services PMI declined from 51.9 in April 2023 to 50.3 in May, well below market expectations of 52.2, but still indicating the fifth consecutive month of expansion in the service sector.
Hot & Cold: Who’s Hiring The Most/Least Right Now – What Was Their Market Performance?
The latest U.S. labor market report showed a remarkable rise in nonfarm payrolls in May, with a surprising gain of 339,000, marking the strongest pace of employment growth since January 2023.
Which Stocks Are Responding To The Strong Jobs Report? 10 Top Movers
The U.S. labor market is sizzling, surpassing all forecasts in May and posting its strongest performance in recent…
US Labor Market On Fire: May Jobs Data Reveals Employment Boom, Steady Wage Growth, Putting The Fed On The Fence
The U.S. labor market is hot and continues to show tight conditions, posing a difficult dilemma for the Federal Reserve regarding whether to raise interest rates further or hit the pause button.
Booming ADP Employment, Stable Unemployment Claims Set Stage For Friday’s Key May Jobs Report
The American labor market continues to demonstrate its strength, with the ADP reporting Thursday a notable and better-than-expected surge in private employment in May.
Concurrently, the Department of Labor signaled a lower-than-anticipated rise in unemployment claims last week, further reinforcing healthy conditions in the job market.