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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.

SHY

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US Stock Futures Signal Strong Open On Budget Bill Cheer: Ahead of Jobs Data, Analyst Prices In 3 Rate Cuts This Year

U.S. stocks look set to extend their gains on Friday, as the budget bill cleared the Senate by a margin of 63-36 votes, paving the way for its enactment. With the debt limit impasse now behind, investors' focus shifted to the June Federal Reserve rate decision.

ASAN