Bond Market Yield Curve Returns to Normal, Easing Recession Fears

The relationship between the 10-year and 2-year Treasury yield briefly normalized on Wednesday, reversing a classic recession indicator. Economic news showed a sharp decline in job openings, and dovish remarks

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Private Payrolls in August Increase by Only 99,000, Missing Estimates, ADP Reports

Private sector payrolls saw the slowest growth in over three and a half years in August, with ADP reporting that companies added just 99,000 workers during the month. This figure

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Top Biotech Stocks: BA, ORCL, MRNA and More for Investment Opportunities

Boeing’s stock dropped 4% as factory workers went on strike, impacting the production of various aircraft models. Oracle saw a 6% increase in shares after raising its revenue forecast for

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August 2024 Jobs Report: Latest Updates and Analysis

The U.S. economy added slightly fewer jobs than anticipated in August, signaling a slowdown in the labor market and potentially paving the way for the Federal Reserve to reduce Interest

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Wholesale Prices Increase by 0.2% as Expected

Wholesale prices increased in August, aligning with expectations, marking the final Inflation data point ahead of the Federal Reserve’s anticipated interest rate cut. The producer price index (PPI), a gauge

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CPI Inflation Report for August 2024: Key Updates and Analysis

Inflation in August reached its lowest level since February 2021, as reported by the Labor Department on Wednesday. The consumer price index rose by 0.2% for the month, aligning with

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