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Economy
Fed caution may be justified if the labor market starts to deteriorate. Here’s why that could happen
March's robust job gains may push the Federal Reserve into a more cautious stance regarding potential rate cuts, with conflicting signs emerging about the labor market's strength.…
Unemployment rate among Black Americans jumped in March, contrasting overall trends
We're Hiring, Part-time heroes wanted, sign at entrance to Target Store, Queens, New York.Lindsey Nicholson | Universal Images Group | Getty ImagesThe unemployment rate among Black…
Stocks making the biggest moves midday: Altice, Tesla, Krispy Kreme, Cinemark and more
Check out the companies making headlines in midday trading. Altice USA — The cable television firm tumbled more than 12% after Wells Fargo downgraded the stock to underweight from…
Demand for french fries reflects resilient consumer as so-called fry attachment rate holds steady
A McDonald's crew member prepares french fries in Miami, Florida.Getty ImagesIt's a timeless question at fast-food counters: Do you want fries with that?Responders continue…
Here’s where the jobs are for March 2024 in one chart — in one chart
The U.S. labor market surprised economists with its strength once again, adding more than 300,000 jobs in March, with a few key sectors continuing to fuel its growth.Health care…
10-year Treasury yield jumps after stronger-than-expected jobs report
Treasury yields climbed on Friday after closely watched nonfarm payrolls data for March surged past expectations.The 10-year Treasury yield jumped 5 basis points to 4.361%. The…
Job growth zoomed in March as payrolls jumped by 303,000 and unemployment dropped to 3.8%
Job creation in March easily topped expectations in a sign of continued acceleration for what has been a bustling and resilient labor market.Nonfarm payrolls increased 303,000 for…
Stocks making the biggest moves premarket: Krispy Kreme, Cinemark, Western Digital and more
Check out the companies making headlines before the bell. Shockwave Medical — The medical device stock rose 1.6% after Johnson & Johnson announced it would buy the company for…
Hyundai’s Genesis brand is a dark horse in U.S. luxury vehicle market
NEW YORK — When Hyundai Motor launched its Genesis luxury brand domestically in 2016, many were skeptical the South Korean automaker — recognized mainly for budget vehicles at the…
Borrowers need to act by April 30 to qualify for student loan forgiveness
Worried woman looking at her mobile phone.Srdjanpav | E+ | Getty ImagesThere's a student loan forgiveness opportunity available to many borrowers, but they'll have to act by April…