Barkin says Fed would be 'smart' to take its time to cut rates due to persistent inflation
“No one wants another round of inflation,” Thomas Barkin said in a speech to home builders in Virginia, citing the strong U.S. labor market.
S&P 500 Rises Ahead of Jobs Report
U.S. stocks rose as investors looked forward to Friday’s monthly jobs report.
Jobless claims climb to nine-week high of 221,000 - but there's no sign of worsening labor market
The number of Americans who applied for unemployment benefits last week rose to a nine-week high of 221,000. However, it remained at a fairly low level and there was no sign of any deterioration in the labor market.
U.S. trade deficit widens for third straight month in February
The U.S. international trade deficit widened by a seasonally adjusted 1.9% in February to $68.9 billion, the Commerce Department said Thursday. The deficit widened for the third consecutive month, and the imbalance was the largest since April last year.
Bird Flu Spreads to Cattle, Raising Fears on Farms
An outbreak of avian influenza that has resulted in the death of approximately 80 million birds has sickened dairy cows and temporarily reduced milk production.
Canada Goods-Trade Surplus Widens With Strongest Export Growth in Six Months
Canada’s global trade surplus widened more than expected in February as record gold shipments led to the strongest export growth in six months.
Silver prices are nearing a three-year high. A long bull market may be close behind.
Silver prices headed higher in Thursday trading, on track for a sixth straight session of gains and a nearly three-year high.
What's Wrong With the Economy? It's You, Not the Data
Many Americans believe that the economy and finances are worse than they really are.
Banks Are Extending Office Loans. Are They Also Pretending?
Many 2023 maturities have been pushed back to 2024, giving lenders time to lower interest rates and bring in other investors.
This Small-Cap Stock Index Has Some Jumbo-Size Tenants
The two largest Russell 2000 stocks, Super Micro Computer and MicroStrategy, have a combined market capitalization of $87 billion.
(Ended) Dow Jones News
April 4, 2024 13:15 ET (17:15 GMT)
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