The U.S. labor market ended 2024 on a high note, with employers adding 256,000 jobs in December. This exceeded expectations and reflected confidence in economic stability. The unemployment rate dropped to 4.
Wall Street's main indexes surged on Wednesday, with the benchmark S&P 500 at a one-week high, propelled by lower-than-expected core inflation data for December and robust quarterly earnings from the biggest U.
Wall Street's main indexes soared on Wednesday, with the benchmark S&P 500 touching a one-week high, driven by lower-than-expected December core inflation data and robust quarterly earnings from major U.
The Wall Street Journal criticized Trump, accusing him of prioritizing “unions over workers,” while Fox News contributor Katie Pavlich called on Senate Republicans to “vote this nomination down.” She said: “A co-sponsor of the Pro-Act as Labor Secretary? Absolutely not.”
Trump asked Lutnick, a Wall Street executive, to lead the Department of Commerce ... direct responsibility for the Office of the United States Trade Representative.” The agency “works to ...
Sen. Rand Paul (R-KY) announced on Monday that he would vote against President Donald Trump's nominee for secretary of labor, Lori Chavez-DeRemer. The post Rand Paul Says He’ll Vote Against Trump’s Labor Secretary Nominee Because ‘She’s Very Pro Labor’ first appeared on Mediaite.
Wall Street Breakfast, Seeking Alpha's flagship daily business news summary, is a one-page summary that gives you a rapid overview of the day's key financial news. It is designed for easy ...
President Donald Trump’s brash populism has always involved incongruence: the billionaire businessman-politician stirring the passions of millions who, regardless of the U.S. economy’s trajectory. Here is a closer look at some of Trump’s picks,
South Korea’s central bank unexpectedly cut its policy rate for a second straight time and lowered its growth forecasts as it looks to step up support for the sagging, trade-dependent economy as tariff risks loom large in the wake of the U.S. election.
The U.S. Federal Reserve has initiated its every-five-year review of monetary policy strategy, tools and communications to accomplish price stability and maximum employment. Given recent experiences, the Fed should revisit the 2% target for inflation, as well as how quickly and aggressively it addresses accelerating inflation.
Investors note a pickup in leasing activity as more businesses require workers to return to offices.
Funding Freeze Sets Off New Fight Over Trump’s Vision for His Government President Trump’s order freezing trillions of dollars in federal grants and loans seeks to eliminate all spending on ...