Page 3 - Gregory Daco News Today

By Alicia Wallace, CNN

So far this year, the economy has added, on average, 276,000 jobs per month, Bureau of Labor Statistics data shows.

By Alicia Wallace, CNN

By Alicia Wallace, CNN

The Federal Reserve is widely expected to hold interest rates steady at the conclusion of its two-day meeting on Wednesday amid signs of sticky inflation.

Still-elevated inflation and a job market that won't quit mean predictions for interest rate cuts in June are being pushed back.

Stocks have broadly been under pressure this month after hopes withered for multiple cuts to interest rates this year by the Federal Reserve.

Alphabet and Microsoft led the U.S. stock market to its first winning week in the last four and its biggest weekly gain since November

Stocks have broadly been under pressure this month after hopes withered for multiple US interest rate cuts this year.

NEW YORK (AP) — The best week for U.S. stocks since November closed out with more gains thanks to Alphabet and Microsoft on Friday.