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Lamont won’t say if he’ll ease ‘debt diet’ to make CT budget fix work
CT legislative leaders plan to borrow to cover operating expenses in the next budget — creating a significant hole to be tackled next year. Read More
Jobs Report
The Bureau of Labor Statistics said more than 300,000 jobs were added to the U.S. economy in March. The highest number of new jobs in nearly a year. America’s employers delivered another ... Read More
Jobs Report: Strong Hiring Dims Fed Rate-Cut Hopes; S&P 500 Rises
After the jobs report, the S&P 500 rose moderately at Friday's open, as stocks look to bounce back from Thursday's pummeling amid growing concerns about the Fed rate-cut outlook. Please watch the ... Read More
Today's jobs report shows economy added booming 303K jobs in March, unemployment at 3.8%
The blockbuster report bolsters ... three rate cuts this year, goosing the stock market, but that timetable could shift if inflation softens more gradually or the economy and job market stay ... Read More
What to expect from the March jobs report
A separate report released Thursday by Challenger, Gray & Christmas found that the pace of job cuts by U.S. employers ... tech and money news that matters to you. We've added you to our mailing ... Read More
Employers added 303,000 jobs in March, surging past economic forecasts
"However, with today's strong jobs report, it is all but certain that the first rate cut won't be before July. As a result, mortgage rates are likely going to stay elevated for longer." The ... Read More
Job cuts jump to highest level since January 2023
That is according to a new report published Thursday by Challenger, Gray & Christmas, which found that companies planned 90,309 job cuts in March ... tech and money news that matters to you. Read More
PIMCO Trims 2024 Fed Rate Cut Expectations to 2 After Jobs Report
NEW YORK (Reuters) - U.S. bond giant PIMCO has trimmed its expectations for interest rate cuts by ... despite strong job growth. "While exceptionally strong, the employment report is consistent ... Read More
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