US dollar bounces back as strong jobs data backs Fed rate-cut pause
The U.S. dollar rallied across the board on Friday after data showed the world's largest economy created more jobs than expected last month, reinforcing expectations that the Federal Reserve will pause its rate-cutting cycle at its policy meeting later this month.
Stocks Open Lower as Bond Yields Rise After Strong December Jobs Data
Stocks opened lower on Friday after strong U.S. jobs data sent bond yields spiking. The Nasdaq Composite was down 1.9%. The Labor Department said the U.S. economy added 256,000 jobs in December, which was well ahead of economists' expectations at 153,
It had seemed like nothing could stop the U.S. dollar from marching higher. Then a headline about President-elect Donald ...
After all, as a new report from the Global Capital Allocation Project (a joint hub between Stanford, Chicago and Columbia universities) notes, it is China that actually has hegemonic power over global ...
A surge in the dollar has sent Asian currencies reeling, stoking worries over imported inflation and prompting some central ...
Gold prices settled Thursday at their highest level in four weeks, defying their usual inverse relationship with strength in ...
Retailers that offer deep discounts on desired products can save you a lot of money, but it's important to shop carefully.
Mac Miller‘s estate shared the lead single to the late rapper's upcoming posthumous album Balloonerism. "5 Dollar Pony Rides" ...
Rising U.S. Treasury yields helped lift the dollar to a fresh two-year high on Friday. The ICE U.S. Dollar Index, a gauge of the greenback's value against a basket of its rivals, was up 0.5% at 109.68 ...
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