Most economists expect them to show that hiring is solid but slowing, especially compared to the boom days of 2021-2023.
Pure-play space stocks flew higher on Tuesday, in a rally described as exuberance about the sector after President Donald Trump’s inauguration.
Taiwan Semiconductor Manufacturing Co. on Thursday reported a stronger-than-expected profit and said artificial intelligence demand will help offset a typically weak period for smartphone sales.
For stocks, much depends on whether the past week marked a peak in yields or was merely a snapback after getting technically overstretched.
The drop in Apple shares Thursday broke a three-day winning streak for the S&P, despite big banks posting upbeat earnings.
Rajiv Bhatia is an equity analyst on the financials team for Morningstar Research Services LLC, a wholly owned subsidiary of Morningstar, Inc. His areas of focus include custody banks, credit bureaus,
With morale at a low point, biotech and pharma CEOs are cautiously optimistic about the incoming Trump administration.
The average 30-year fixed rate rose to 7.04% for the week ending Thursday, according to mortgage giant Freddie Mac. The average has now climbed for five straight weeks, and this week marks the first time since May the it has climbed above 7%. Last week, the average was 6.93%. Three years ago at this time, the average stood at 3.45%.
The U.S. government named 15 drugs that will be subject to the second round of price negotiations by Medicare, including Ozempic and Wegovy, the drugs at the center of the weight-loss craze. The Biden administration said the drugs account for $41 billion in annual Medicare spending,
The US oversaw the building of the Panama Canal, which opened in 1914, but handed full control back to the Central American country in 1999. Some officials in Washington are increasingly concerned about Chinese companies’ presence in the area, including a Hong Kong-based company which operates terminals at both ends.
Trump reiterated his claim that China is “operating” the Panama Canal and said that the critical waterway had been “foolishly” given to Panama. “We didn't give it to China. We gave it to Panama, and we’re taking it back.”
U.S. wholesale inflation rose last month on higher energy prices. The Labor Department reported Tuesday that its producer price index — which tracks inflation before it hits consumers — rose 0.2% last month from November,