The Latest Breaking News from Jobs Report

Weak jobs report shows 'there’s a strong case' for Fed rate cuts before next meeting, economist says

"From a risk management perspective we think there’s a strong case to act before September 18th."

Fortune · Aug 3, 2024

Stock Market Today: Dow Sinks 611 Points on Rising Recession Fears

A weak July jobs report sent stocks tumbling on worries the Fed is behind the curve on rate cuts.

Kiplinger · Aug 2, 2024

This accurate recession indicator is flashing red, but the ‘Sahm rule’ creator says ‘this time really could be different’

“I am not concerned that, at this moment, we are in a recession,” Claudia Sahm told Fortune, adding that “no one should be in panic mode today, though it appears some might be.”

Fortune · Aug 2, 2024

Wall Street Tumbles As Dow Drops Over 600 Points Amid Economic Uncertainty

Wall Street reacted to a negative jobs report and tumbling tech shares on Friday, ending the week with a major selloff questions about a continuing and worsening correction.

International Business Times · Aug 2, 2024

US Economy Faces Hiring Slowdown Amid Controlled Inflation

US jobs report shows a slowdown in hiring but more manageable inflation, posing challenges for policymakers and the Biden-Harris administration.

Top News · Aug 2, 2024

US Treasury Yields Plummet Following Jobs Report Release

US Treasury yields drop below 4%, hinting at Fed rate cuts. Borrowers and homebuyers may benefit from lower interest rates.

Top News · Aug 2, 2024

US Markets Fall Amid Weaker Jobs Report And Tech Earnings

US markets decline on weak jobs report, impacting Big Tech companies. Investors turn to bonds for safety amidst recession concerns.

Top News · Aug 2, 2024

July Jobs Report Expected To Show Modest Job Growth

Economists predict 175,000 job gains in July report with steady 4.1% unemployment rate. Fed unlikely to cut rates until September.

Top News · Aug 2, 2024

Nasdaq Futures Tumble on Weak U.S. Tech Earnings and Growth Fears, Jobs Report in Focus

September Nasdaq 100 E-Mini futures (NQU24) are trending down -1.81% this morning as fears of a U.S. slowdown and disappointing quarterly results from industry heavyweights such as Intel and Amazon weighed on sentiment, with the focus now shifting to the highly anticipated U.S. payrolls reading due later in the day.

Barchart · Aug 2, 2024

Nasdaq Futures Tumble on Weak U.S. Tech Earnings and Growth Fears, U.S. Jobs Report in Focus

September Nasdaq 100 E-Mini futures (NQU24) are trending down -1.81% this morning as fears of a U.S. slowdown and disappointing quarterly results from industry heavyweights such as Intel and Amazon weighed on sentiment, with the focus now shifting to the highly anticipated U.S. payrolls reading due later in the day.

Barchart · Aug 2, 2024