Tag: government shutdown
U.S. Consumer Confidence Takes a Sharp Hit in November
U.S. consumer confidence fell in November as many households grew more concerned about job security and their overall financial situation. The recently ended government...
September U.S. Hiring Expected to Slow but Remain Steady
U.S. job growth likely improved slightly in September, while the unemployment rate stayed near a four-year high of 4.3%. This level reflects a labor...
Shutdown Forces Cancellation of October U.S. Jobs Report
The U.S. Bureau of Labor Statistics announced on Wednesday that it will not publish the October employment report. Instead, October’s nonfarm payroll data will...
Gold Drops as Fed Rate Cut Hopes Fade, but Week Still...
Gold prices fell on Friday, giving back earlier gains as expectations for a Federal Reserve rate cut in December continued to fade. Lower chances...
US SEC Releases New Guidance on Pending Crypto ETFs as Government...
The U.S. Securities and Exchange Commission has issued fresh guidance addressing crypto ETF filings and other registration statements that remained pending during the government...
Chances of December Fed Rate Cut Drop Below 50%
Traders are scaling back expectations for a Federal Reserve rate cut at the next meeting, with odds now falling below 50%. The probability of...
U.S. Stocks Slip After Shutdown Ends as Cisco Shines
U.S. stocks moved lower on Thursday as investors continued rotating out of high-priced technology shares, even after the end of the longest government shutdown...
IMF Warns of Rising Pressure on U.S. Economy as Q4 Slows
The International Monetary Fund (IMF) says it is seeing growing signs of strain in the U.S. economy. Fourth-quarter growth is now expected to come...
US Dollar Slips as Government Reopens After Record Shutdown
The U.S. dollar fell on Thursday as risk appetite improved. The move came after the federal government reopened following a 43-day shutdown. A recent...
Markets Cool Off with U.S. Government Poised to Reopen
U.S. Stocks Edge Lower as Markets Consolidate Ahead of Government Reopening
U.S. stocks traded mostly lower on Tuesday, pausing after a strong rebound in technology...
