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Browse our complete collection of financial news and analysis
Browse our complete collection of financial news and analysis
Browse our complete collection of financial news and analysis
The jobless claims report for the week ended Jan. 24 showed that the underlying labor market trend remained fairly resilient.
Jobless claims remain low while GDP growth accelerates, signaling labor market resilience, economic momentum, making a case for pausing rate cuts.
Copper prices slipped after Trump’s Section 232 update eased near-term tariff fears, while stronger jobless claims data supported the dollar and reduced expectations for Fed rate cuts.
The Federal Reserve’s favorite inflation gauge came in line with expectation, although continuing to remain above the central bank’s target.
Barkin signals rate cuts have cushioned jobs and inflation is cooling but still above target, keeping the Fed ready to act.
Artificial intelligence (AI)-related demand perked up tech exports in November as the monthly trade deficit hit the highest level in about two-and-a-half decades.
Gold breaks $5,000 as shutdown fears and safe-haven demand as traders eye key policy catalysts this week.
Copper prices slipped after Trump’s Section 232 update eased near-term tariff fears, while stronger jobless claims data supported the dollar and reduced expectations for Fed rate cuts.
Metals slid as dollar strength, China’s clampdown on high-frequency trading, and hawkish Fed signals pressured prices, offsetting strong industrial demand and keeping markets cautious globally.