General News
Latest news from around the World.
A rough February jobs report exposed just how much the U.S. has relied on health workers. Here's a look at some of the key trends in the latest Labor Department Report
A rough February jobs report exposed just how much the U.S. has relied on health workers.
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Fed Governor Miran: Job losses in February add to the case for more interest rate cuts
Federal Reserve Governor Stephen Miran said Friday that the weak February jobs report bolsters the rationale for the central bank to lower interest rates further.
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Why you shouldn't blame AI for the weak jobs data
The surprisingly weak jobs report for February seemed to confirm investor fears that artificial intelligence will replace thousands of workers. But there are a number of reasons to suggest those fears are overblown, at least for now.
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The true cost of daylight-saving time is a $672 million hit to the U.S. economy
Research suggests the U.S. loses more than just an hour of sleep when we spring forward by turning the clocks back.
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Fed Governor Stephen Miran: Labor demand isn't strong enough because monetary policy is too tight
Fed Governor Stephen Miran joins 'Money Movers' to discuss the state of the latest jobs report, energy market themes, and more.
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Boston Fed President Collins Argues for Holding Rates Steady
Boston Fed President Susan Collins, who is not a voting member of the FOMC this year, said the central bank should maintain rates at their current levels for some time.
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The Fed's biggest fear has always been having to choose between fighting inflation and protecting jobs. Friday's employment report brought that dilemma a step closer
A softening labor market and rising energy prices are pulling the central bank in opposite directions.
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3 Fast Food Stocks to Buy Right Now
Social media erupted in early March after Chris Kempczinski, CEO of McDonald's, posted a LinkedIn video previewing the company's new “Big Arch” burger. Instead of focusing on the new menu item, viewers zeroed in on Kempczinski's noticeably small and reluctant bite of the sandwich, which quickly went viral across TikTok, Reddit, and X.
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What The Middle East Conflict Means For Canada's Markets
Canadian market positioned well to weather current uncertainty. Canada less impacted by oil disruptions than Europe and Asia.
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Fed Governor Miran says job losses in February add to the case for more interest rate cuts
Federal Reserve Governor Stephen Miran said in a CNBC interview on Friday that the weak February jobs report bolsters the rationale for the central bank to lower interest rates further. If Miran had his way, the rate would be around neutral, which he deems to be about a full percentage point lower.
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Trump tariffs: Customs and Border Protection tells judge it can't comply with refund order
U.S. Customs and Border Protection told a Court of International Trade judge on Friday that it is not currently able to comply with his order to begin refunding reciprocal tariffs imposed last year by President Donald Trump, which the Supreme Court recently ruled are illegal.
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NYSE fined $9 million by SEC over glitch that disrupted stock market
The New York Stock Exchange has agreed to pay a $9 million civil fine to settle U.S. Securities and Exchange Commission charges over a computer glitch that disrupted the stock market open in January 2023, causing wild swings in the prices of blue-chip stocks.
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Surging Oil Prices May Be About To Jolt Markets
Oil, rates, and the dollar are all rising in tandem, with oil breaking out above $88 and signaling further upside potential. The 10-year Treasury rate is closely tracking oil prices, suggesting further rate increases if oil continues higher, despite weak employment data.
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Emerging market equity funds slide as Iran conflict sparks selloff
Emerging market equity funds have posted steep declines this month as investors cut exposure to risk assets amid the escalating Iran conflict, making them among the worst performers across asset classes.
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Oil Soars To $90 As Iran Conflict Intensifies
Oil markets have been on edge since the U.S. and Israel launched strikes throughout Iran Saturday, with the conflict spilling out into other regional oil-exporting countries. Traders have been focused on disruption in the Strait of Hormuz, a shipping lane that 20% of the world's oil consumption passes through daily, according to the U.S. Energy Information Administration.
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Retirees, Don't Do Anything Rash With Your Portfolios
This market is volatile, but the S&P 500 is still up around 18% over the past 52 weeks.
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The Stock Market's New Fear Is an 11-Letter Word That Crushed the Economy in the '70s
Soaring oil. Slumping jobs.
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Jamie Dimon Warned Of 'Cockroaches' — Now Mohamed El-Erian Says More 'Bugs' Are Crawling Out In Private Credit
Mohamed El-Erian, Allianz chief economic adviser, is pointing to widening cracks in private credit markets. He said the signs mirror JPMorgan Chase & Co. (NYSE: JPM) CEO Jamie Dimon‘s earlier “cockroach” warning — and more “bugs” are now in plain sight.
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'NOT A GOOD REPORT': Labor sec acknowledges WEAK February jobs numbers
Labor Secretary Lori Chavez-DeRemer joins 'Varney & Co.' to address February's weak jobs report and rising unemployment. 0:00 Oil Prices & Market Warning 0:22 February Jobs Report: The Raw Numbers 2:04 Labor Secretary Laurie Chavez Interview 3:42 Foreign-Born vs.
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Stock Market Falls As Oil Prices Skyrocket On Iran Conflict: Weekly Review
Crude oil prices had their biggest weekly gain since 2022. The Dow Jones and S&P 500 led stock market declines as the Nasdaq fell modestly.
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