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US economy added 143,000 jobs in January, below expectations

Crossmark Global Investments CEO and CIO BOB DOLL will unfold the state of the US economy on Maria Baltilomos Wall Street. The US economy added jobs at a slower pace than expected in January as the Federal Reserve remains in a holding pattern of interest rate cuts to assess labor markets and inflation data. The […]

Target says holiday sales beat expectations — but not profit as discounts reign king

Target on Thursday said its holiday sales were better than expected but left its profit forecast unchanged, likely as cost-conscious shoppers stocked up on discounted items. The Minneapolis-based chain announced record Black Friday and Cyber ​​Monday sales, up from its previous forecast for comparable sales growth for the three months ending in January of flat […]

Inflation rises 2.9% in December, in line with expectations

Kudlow panelists John Carney and Brian Bremberg discuss job growth and the Fed's actions. Inflation rose again in December as persistently high prices continued to weigh on consumers' finances ahead of the Federal Reserve's next interest rate decision. The Labor Department said Wednesday that the Consumer Price Index (CPI), a broad measure of the prices […]

Inflation Expectations Surge, Pulling Down Consumer Sentiment, Casting Doubt on Fed Policy

U.S. consumers' inflation expectations soared in January, according to a new study from the University of Michigan, calling into question the Federal Reserve's decision to cut interest rates three times late last year. The survey results suggest that although consumers feel their personal financial situation has improved slightly, they are increasingly concerned about rising prices […]

US Bitcoin ETFs first anniversary: A surge far above expectations – Cointelegraph

The first year of the Spot Bitcoin Exchange Traded Fund (ETF) in the US exceeded all expectations, marking a historic debut that reshaped both the Bitcoin market and traditional finance. It received approval from the U.S. Securities and Exchange Commission on January 10, 2024, and trading for the U.S. Spot Bitcoin (BTC) ETF began the […]

US economy added 256K jobs in December, well above expectations

Kathryn Rooney Vera, chief market strategist at StoneX, talks about the importance of reducing federal spending on moneymaking. The U.S. economy added jobs faster than expected in December, as Federal Reserve policymakers watch the strength of the labor market ahead of a meeting later this month. The Labor Department reported Friday that employers added 256,000 […]

Polls Show Rising Expectations on Trump for a Pro-American Migration Policy

Polls show voters' expectations for a pro-American immigration policy are rising, even as President-elect Donald Trump suddenly zigs and zags on white-collar immigration. “Forty-seven percent of respondents cited public name transition as a priority for the government, up from 35% who said the same as of December 2023,” the Associated Press reported. reported January 7th. […]