Seth Cohan News Today

A mixed jobs report should keep the Fed on track to leave interest rates unchanged at its next meeting, experts say. Although the July jobs report showed that wages rose once again, the slowest pace of hiring since late 2020 and downward revisions to the prior two month's payrolls figures likely keeps the Federal Reserve on track to leave interest rates unchanged at the next Fed meeting, experts say.Nonfarm payrolls expanded by 187,000 last month, the Bureau of Labor Statistics said Friday,...

Inflation eased markedly last month, but that won't keep the Fed from raising interest rates, pros say. Headline inflation cooled sharply last month to beat economists' forecast as prices rose on an annual basis at the slowest pace in more than two years, the June Consumer Price Index (CPI) revealed Wednesday.Core inflation, which excludes volatile food and energy costs and is considered to be a better predictor of future prices, remained higher than policymakers would like, but it too...

Inflation eased substantially last month, but that wont keep the Fed from raising interest rates, pros say.

U.S. stocked closed higher for the third straight session, rallying ahead of the midterm election results.