New Chairman of the Federal Reserve Kevin Warsh arrives during a swearing in ceremony in the East Room of the White House in Washington, DC on May 22, 2026. Aaron Schwartz | Afp | Getty Images Another big jobs report in May has pretty much swept aside the possibility of interest rate cuts anytime soon …
Job growth unexpectedly surged in May as the U.S. labor market continued a solid year of expansion, the Bureau of Labor Statistics reported Friday. Nonfarm payrolls jumped a seasonally adjusted 172,000 for the period, down slightly from the upwardly revised 179,000 in April and far above the Dow Jones consensus estimate for 80,000. The unemployment …
American consumers have been pessimistic for so long that now economists are wondering when — or even if — households will ever feel financially better off. The University of Michigan Surveys of Consumers, a closely-watched bellwether, hit all-time lows in May, according to a preliminary reading released last week. That is just one of several …
Investors looking to escape the volatility are turning to dividend stocks this year. Nearly $22 billion flowed into dividend exchange-funds in the first quarter of 2026 — the most since the second quarter of 2022, according to Morningstar. While the S & P 500 hit a fresh record on Monday, the market has been rocky …
The major averages posted back-to-back gains on Tuesday, and the S&P 500 neared its all-time high. Traders remained hopeful for a resolution in the Middle East. Source link
Wells Fargo is likely to gain ground as the bank continues to emerge from recently removed restrictions on its total assets, according to Jefferies. The investment bank initiated research coverage of Wells Fargo with a buy rating and put a $100 price target on shares, implying about 25% upside from Wednesday’s close. Wells was the top …
These are some of the stocks posting the largest moves at midday. Source link
Check out the companies making the biggest moves premarket: Airlines — Shares of Delta Air Lines , United Airlines and Southwest Airlines surged more than 4.5% on news that the U.S. strikes against key energy infrastructure in Iran would be halted. The group struggled after the war on concerns of what it would do to …
President Donald Trump (L), and JP Morgan CEO, Jamie Dimon. Reuters JPMorgan Chase CEO Jamie Dimon said Monday that while President Donald Trump’s lawsuit seeking $5 billion in damages for shuttering his accounts was without merit, he sympathized with the president’s anger over the episode. Trump is accusing JPMorgan and others of closing his accounts …
There is a $3 trillion opportunity for Black and other minority entrepreneurs to become business owners as part of the “Great Business Transfer,” according to a new report from McKinsey. “This is the largest ownership transition in modern US history,” said Shelley Stewart, a co-author of the report, senior partner and Chair of the McKinsey …