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A shortage of school bus drivers has complicated an already stressful back- to-school season across the U.S. According to some in the field, the problem might be a long-term situation.
With the U.S. labor market likely to bounce back strongly this summer from a surprisingly tepid April showing, the risks of an overheating economy remain on the rise. “I do think there is a very good chance it [economy] will overheat,” said Jefferies Chief Financial Economist Aneta Markowska on Yahoo Finance Live. “I expect us ...
U.S. stocks end week higher on good economic data despite inflation MarketWatch 1 hr ago MARKET SNAPSHOT Video: Wall Street shakes off inflation rise and closes higher (Reuters) Wall Street shakes off inflation rise and closes higher Replay Video UP NEXT U.S. stocks closed higher Friday, booking weekly gains with support from data confirming an economic recovery from the coronavirus pandemic, despite inflation running at its highest annual rate in about 13 years. U.S. financial markets will be closed on Monday in observance of the Memorial Day holiday. How are stock benchmarks trading? ...
U.S. stocks closed higher Friday, booking weekly gains with support from data confirming an economic recovery from the coronavirus pandemic, despite inflation running at its highest annual rate in about 13 years.
Reuters: 1 million jobs likely added to the U.S. economy last month. MarketWatch: The Dow climbed to a new record on Thursday ahead of today’s monthly jobs data anticipated at 8:30 a.m. A strengthening economic recovery and effective vaccine rollout in this country have been the main focus for bullish investors. Weekly filings for unemployment benefits have dropped 33 percent since the start of April, seen as “ further confirmation that a recovery in the labor market is well underway,” wrote economists Nancy Vanden Houten and Greg Daco from Oxford Economics, in a report on Thursday....