Stock futures are flat ahead of key April jobs report
Shannon Stapleton | Reuters Stock futures traded mostly flat Thursday as investors awaited Friday’s highly anticipated jobs report to assess the pace of the labor-market recovery. Dow futures were down 34 points, while contracts tied to the S&P 500 ticked...
April jobs expected to top 1 million as consumers boost the economy
Server Adrian Almanza brings entrees to a table at Satay Thai Bistro and Bar, in Las Vegas, Nevada, March 28, 2021. Bridget Bennett | Reuters Job growth in April could top 1 million, though many positions also may have gone...
Fed warns about potential for ‘significant declines’ in asset prices as valuations climb
People walk past the U.S. Federal Reserve building in Washington D.C., the United States, May 21, 2020. Ting Shen | Xinhua via Getty Images Rising asset prices in the stock market and elsewhere are posing increasing threats to the financial...
Jobless claims tumble below 500,000 in another sign the labor market is getting closer to pre-pandemic levels
The U.S. employment picture improved sharply last week, with first-time claims for unemployment insurance dipping below 500,000 for the first time since the pandemic crisis. Initial claims totaled 498,000 for the week ended May 1, against the Dow Jones estimate...
Why married couples must wait for tax refunds on $10,200 of unemployment benefits
Samuel Corum/Bloomberg via Getty Images It’s unclear how many taxpayers will get a refund and what share of them are married. Roughly 40 million people collected unemployment benefits in 2020, according to the Century Foundation. It’s also unclear when the...
Stock futures are flat after the Dow closed at a record
U.S. stock index futures were little changed during overnight trading on Wednesday, after the Dow closed at a record. Futures contracts tied to the Dow Jones Industrial Average were 6 points lower. S&P 500 futures and Nasdaq 100 futures were...
Private payrolls show big gain in April but still short of lofty expectations, ADP says
Bartenders wearing protective masks assist customers sitting at the bar at Blooms Tavern in New York, U.S., on Monday, May 3, 2021. Nina Westervelt | Bloomberg | Getty Images Private job growth accelerated in April but fell a bit short...
Vice President Harris leading small business outreach in White House recovery plan push
Vice President Kamala Harris speaks during a listening session on broadband internet at the New Hampshire Electric Co-op in Plymouth, New Hampshire, April 23, 2021, as she travels to the state to promote the administration’s economic plans. Saul Loeb |...
Stock futures are flat after sell-off in growth and tech
Traders working at the New York Stock Exchange (NYSE), today, Wednesday, April 21, 2021. Source: NYSE U.S. stock futures were flat in overnight trading on Tuesday following a session defined by major weakness in technology stocks. Dow futures rose just...
Treasury Secretary Yellen says rates may have to rise somewhat to keep economy from overheating
Treasury Secretary Janet Yellen conceded Tuesday that interest rates may have to rise to keep a lid on the burgeoning growth of the U.S. economy brought on in part by trillions of dollars in government stimulus spending. “It may be...
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