On Tuesday, U. S. stocks stayed mostly flat. Investors are waiting for the Federal Reserve's decision on interest rates, which is expected on Wednesday. The S&P 500 dipped slightly, while the Nasdaq saw a small gain. The Dow Jones took a bigger hit, dropping by 0. 4%. JPMorgan Chase was a major dra
The Federal Reserve is about to make a big decision. They're likely to lower interest rates for the third time in a row. This move is expected to bring the key interest rate down to between 3. 5% and 3. 75%. But it's not that simple. The Fed is divided. Some members want to keep cutting rates to su
The U. S. job market is in a bit of a funk. In October, there were about 7. 7 million job openings. That's not a huge change from September, but it's a far cry from the peak of 12. 1 million openings in March 2022. Back then, the economy was bouncing back from COVID-19 lockdowns. Layoffs are up, to
In October, the U. S. saw a slight uptick in job openings, but the hiring scene stayed pretty quiet. The Bureau of Labor Statistics reported that job openings edged up by 12, 000, reaching 7. 670 million. This was a bit higher than what economists had predicted, but don't get too excited. Hiring act
Wall Street had a week of ups and downs. After a rough November, the market bounced back, but not as strongly as the week before. Investors are hopeful that the Federal Reserve will cut interest rates again, which is a big deal for the economy. There's a lot of talk about jobs. Some reports say com
In November, the U. S. job market took a hit. Private companies let go of 32, 000 workers, and small businesses felt the pinch the most. This wasn't good news, and it was worse than experts thought it would be. Just a month before, in October, there was a small gain of 47, 000 jobs. But November's n
Kevin Hassett is likely to take over as the next Federal Reserve Chairman. This is what prediction markets and President Trump's recent comments suggest. Hassett, currently the National Economic Council director, has been a favorite for this role for months. He's been vocal about lowering interest r
Crypto prices have made a surprising comeback after a recent slump. Bitcoin, Ethereum, and XRP have all seen significant gains in the last 24 hours. Bitcoin has climbed back above $90, 000, marking its highest point since last week. It even came close to its biggest single-day gain since May. This
The U. S. Federal Reserve might lower interest rates in December. This is because the economy shows signs of slowing down. Job growth is weaker than before. Inflation is also lower. These changes make it likely that the Fed will cut rates. Investors are hopeful. They think cheaper money is coming.
People are placing bets on what the Federal Reserve will do with interest rates next month. The chances of a small cut, 25 basis points, have gone up to 81% on a platform called Polymarket. This is a big jump from the 67% seen the day before and 44% from the previous week. But the idea of a larger c
