DUBAI, UNITED ARAB EMIRATES - DECEMBER 04: Larry Fink, CEO of Blackrock, speaks at a roundtable discussion titled: "Financing the New Climate Economy," during which he described the urgent need for a "new financial landscape" for funding investments into the global energy transition on day five of the UNFCCC...
JPMorgan Chase CEO and Chairman Jamie Dimon gestures as he speaks during the U.S. Senate Banking, Housing and Urban Affairs Committee oversight hearing on Wall Street firms, on Capitol Hill in Washington, U.S., December 6, 2023. Evelyn Hockstein | ReutersJPMorgan Chase CEO Jamie Dimon warned Friday that multiple challenges, primarily...
A measure of wholesale prices increased less than expected in March, providing some potential relief from worries that inflation will hold higher for longer than many economists had expected.The producer price index rose 0.2% for the month, less than the 0.3% estimate from the Dow Jones consensus and not...
Traders work on the floor of the New York Stock Exchange during afternoon trading on April 09, 2024 in New York City.Michael M. Santiago | Getty ImagesAs recently as January, investors had high hopes that the Federal Reserve was about to embark on a rate-cutting campaign that would reverse...
A shopper takes a carton of eggs from the cooler in a grocery store in Washington, D.C., on Saturday, April 6, 2024. Tom Williams | Cq-roll Call, Inc. | Getty ImagesThe consumer price index accelerated at a faster than expected pace in March, pushing inflation higher and likely keeping the...
Gas prices are displayed at a gas station on March 12, 2024 in Chicago, Illinois. Scott Olson | Getty ImagesA closely-watched Labor Department report due Wednesday is expected to show not much progress made in the battle to bring down inflation.If so, that would be bad news for consumers, market...
A man checks the label of a vitamins jar at a Costco Wholesale store on April 3, 2024 in Colchester, Vermont. Robert Nickelsberg | Getty ImagesSmall business confidence hit its lowest level in more than 11 years for March as proprietors worried that inflation is still very much a problem.At...
March's robust job gains may push the Federal Reserve into a more cautious stance regarding potential rate cuts, with conflicting signs emerging about the labor market's strength. After the Labor Department's nonfarm payrolls report Friday showed a robust gain of 303,000, futures market pricing indicated barely more than 50%...
Job creation in March easily topped expectations in a sign of continued acceleration for what has been a bustling and resilient labor market.Nonfarm payrolls increased 303,000 for the month, well above the Dow Jones estimate for an increase of 200,000 and higher than the downwardly revised 270,000 gain in...
A person works on a Bowlus recreational vehicle at Bowlus' factory in Oxnard, California, Feb. 23, 2024.Timothy Aeppel | ReutersThe March nonfarm payrolls count likely will indicate hiring continuing at a solid pace, though some weakening foundations of the labor market could take greater focus when the Labor Department...