Small-cap stocks head for correction as record-setting rally fades
Just six weeks ago, the Russell 2000 was riding high. In late November, the small-cap index had finally managed to tally a fresh closing record — its first since late 2021 — as small-cap stocks ...
Turns out the unemployment rate never hit 4.3% last summer
The Federal Reserve's sharp 1/2 point reduction in a key U.S. interest rate in September was driven in part by the unemployment rate rising to a post-pandemic high of 4.3% in July from a cycle low of ...
Labor market isn't overheating, Fed's Goolsbee says
The December job report shows a stabilized labor market at full employment and "is not an indication of overheating," Chicago Fed President Austan Goolsbee said Friday. Wage growth was "consistent" ...
8 financial advisers on what to do with your money before the inauguration
President-elect Donald J. Trump will take office on Jan. 20. Here are some money moves pros say you may want to make before ...
Stock Market Today: Dow down 600 points as Treasury yields surge after December jobs report
U.S. stock futures leaned lower Friday on concern over possible export restrictions on Nvidia, ahead of key data on the jobs ...
Constellation Brands' stock on pace for biggest decline in almost five years
Shares of Constellation Brands Inc. are down 11.3% Friday, putting the stock on pace for its biggest decline since March 23, 2020, when it fell 11.75%, Dow Jones Market Data show. The parent of the ...
Peoples Financial Says Gerard Champi Assumes CEO Role
Peoples Financial Services said Friday that Gerard A. Champi has officially assumed the role of chief executive. The bank holding firm also said that Thomas P. Tulaney was named president for both the ...
Consumer expectations for higher inflation soar in early January
Americans’ expectations for overall inflation over the next year jumped to 3.3% in January from 2.8% in the prior month, ...
American Airlines Exec VP, Chief Legal Officer Priya Aiyar Resigns >AAL
Dow Jones Newswires is a market-moving financial and business news source, used by wealth managers, institutional investors and fintech platforms around the world to identify trading and investing ...
Liberal Party of Canada Members to Pick Trudeau Successor on March 9 -- Update
OTTAWA--Canada's Liberal Party said its members will pick a new leader to succeed outgoing Prime Minister Justin Trudeau on March 9, setting the stage for an eight-week campaign that's likely to be ...
'The job market closed 2024 in pretty good shape'
The 256,000 increase in new jobs in December might overstate the strength of a U.S. labor market, but there's no doubt it's more robust than it seemed last summer and it could even gain strength in ...
This doctor retired at 45 and then got ‘deeply depressed.’ What he finds wrong with FIRE.
It went like this: Early in your career, squirrel away money like mad year after year and live frugally while you do, so you ...