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House panel probes Labor Department’s leak of revised jobs data to Wall Street firms
A Republican-led House committee is demanding an explanation from the Labor Department over the federal agency’s leak of revised jobs data last month to a handful of Wall Street firms before it ...
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U.S. labor market’s strong end shakes Wall Street
The U.S. labor market ended 2024 on a high note, with employers adding 256,000 jobs in December. This exceeded expectations ...
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US Labor Market Smashes Expectations, Wall Street Erases Post-Election Rally As Interest Rate Anxiety Grows: This Week In The Markets
Wall Street wiped out its entire post-election rally this week as mounting interest-rate fears were stoked by a red-hot labor market, surging inflation expectations and escalating geopolitical ...
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Next Week in Business: jobless claims, mortgage rates and Wall Street's first trading day of 2025
LAYOFFS UPDATE The Labor Department issues its weekly tally of new unemployment benefit claims on Thursday. The number of Americans applying for unemployment benefits held steady two weeks ago to ...
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Trump’s Labor Pick Signals Potential Opening to Unions
Scott Bessent, a hedge-fund manager chosen to lead the Treasury Department, and Howard Lutnick, head of the Wall Street firm Cantor ... President-elect of the United States—not Rep.
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US inflation rises 2.7% YoY in November, logs highest gain in seven months; Wall Street awaits US Fed verdict
The consumer price index rose 0.3% last month, the largest gain since April after advancing 0.2% for four straight months, the Labor Department's Bureau of Labor Statistics said.