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The Latest Breaking News from Labor Department

Dow Jones Falls After Jobless Claims; Roku Dives On Earnings; Jobs Report Next

The Dow Jones Industrial Average dropped Thursday amid jobless claims numbers and other key economic data. Roku stock dived on earnings.

Investors Business Daily

US Stocks In For Another Tough Day After Fed Rate Hike As Nasdaq, S&P 500 Futures Fall — Roku, Qualcomm Plunge On Earnings Disappointment

The U.S. index futures are pointing to a lackluster start on Wall Street Thursday, as rate worries linger. On Wednesday, the major averages experienced a bout of volatility in the aftermath of the Fed decision and closed notably lower. The market showed tentativeness in the run up to the Fed…

Benzinga

Soaring Inflation Pushes Halloween Candy Prices Scary High

Soaring inflation has already strained home buyers, drivers at the gas pump and people buying plane tickets.

Bangkok Post

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A special task force is investigating claims and freezing accounts to determine who legitimately qualifies for the relief money. About $20 billion in unemployment money was stolen by criminals.

WEKU

'We Remain Open To Negotiations': Did Kremlin Comments Trigger Market Reversal Thursday After Hot CPI Data Sparked Steep Selloff?

Many were surprised to see the markets turn positive on Thursday after the Labor Department reported an 8.2% year-over-year increase in the consumer price index for September, which sent the SPDR S&P 500 (NYSE:

Benzinga

4 Experts On What The 8.2% CPI Print Means For The Fed & The Markets: Could 'Supersize' Rate Hike Spark 'Rude Awakening'?

The Labor Department on Thursday reported an 8.2% year-over-year increase in the consumer price index for September, which sent the SPDR S&P 500 (NYSE: SPY) tumbling lower.

Benzinga

September Inflation Runs Hot At 8.2%, Sending Stocks Spiraling Lower: What You Need To Know

The SPDR S&P 500 (NYSE: SPY) turned negative premarket Thursday after the Labor Department reported an 8.2% year-over-year increase in the consumer price index for September, a potential sign that

Benzinga

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US Stocks Show Cautious Optimism As S&P 500, Dow Futures Surge Ahead Of Key CPI Data — Trump's SPAC Partner, Applied Materials And Chip Stocks In Focus Today

The U.S. index futures are pointing to a higher opening on Wall Street, reflecting traders’ hopes that the consumer price inflation data may prove benign.

Benzinga

Dow Jones Futures Rise, Bond Yields In Flux With Inflation Reports Due

Futures pared gains as the 10-year Treasury yield in flux with big inflation reports due. The S&P 500 is at bear market lows.

Investors Business Daily

Labor Department proposal could change gig worker and company rules

The U.S. Department of Labor has published a new proposal on how workers should be classified saying that thousands of people have been incorrectly labeled as contractors rather than employees.

WEKU

Labor Department Proposal On Gig Workers Hits These Businesses

Uber stock, as well as Lyft and DoorDash, dropped on a Labor Department proposal that could reclassify millions of gig workers.

Investors Business Daily

'Begin Preparing For A Recession': 8 Experts React To Jobs Report, Stock Market Sell-Off

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower Friday after the Labor Department reported strong U.S. jobs market numbers from September.

Benzinga

Stocks sink despite Friday's report that hiring cooled in September

A new jobs report showed a modest slowdown in hiring last month that was not enough to soothe Wall Street's worries about inflation and the Fed. The unemployment rate edged down to 3.5%

WEKU

3 Bargain Stocks to Buy This Fall

Although recession fears are rising, a strong labor market has buoyed investors’ optimism. Therefore, we think it may be prudent to buy the shares of bargain stocks APA Corporation (APA), Crane Holdings (CR), and Hillenbrand (HI), given their solid growth potential. Read on to learn more….

StockNews.com

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Investors Business Daily

Dow Jones Slides As Jobless Claims Rise; Pivotal Jobs Report On Deck

The Dow Jones Industrial Average fell Thursday after weekly jobless claims. The pivotal September payroll report is due out Friday morning.

Investors Business Daily

Friday's Weak Jobs Report May Slow Fed, Lift S&P 500

Friday's jobs report may be surprisingly weak, as technical factors exaggerating recent gains reverse. That could assuage the Fed and lift the S&P 500.

Tribune News Service

Senate bill would boost alternative assets in 401(k) plans

WASHINGTON — A new bill from top Republicans on the Senate Banking Committee aims to open workplace retirement plans to a bigger range of investments, making it easier for 401(k) plans to diversify with holdings in private equity, hedge funds, real estate, cryptocurrencies and other alternative assets.

Roll Call

Senate bill would boost alternative assets in 401(k) plans - Roll Call

A Republican proposal would open workplace retirement plans to a bigger range of investments, including hedge funds and cryptocurrency.

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news in one place.

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Investors Business Daily

The Fed Panicked When The Job Market Had Already Cooled; Here's The Proof

Did the Fed go overboard to try and weaken the job market and tame inflation? New Treasury data suggests job growth was already slowing.

The Independent UK

More Americans apply for jobless aid

The number of Americans filing for jobless benefits rose slightly last week despite the Federal Reserve’s year-long battle against inflation that’s intended to cool the economy and the tight labor market

The Independent UK

Fewer Americans file for jobless benefits again last week

The number of Americans applying for unemployment benefits fell again last week to a four-month low even as the Federal Reserve continues its aggressive interest rate cuts to bring inflation under control

WEKU

Biden says tentative railway labor deal has been reached, averting a strike

President Joe Biden said Thursday a tentative railway labor agreement has been reached, averting a potentially devastating strike before the pivotal midterm elections.

Benzinga

Dow Drops More Than 1,000 Points, Akero Therapeutics Shares Spike Higher

U.S. stocks traded sharply lower toward the end of trading, following the release of inflation data for August.

Benzinga

3 Pros On What 8.3% CPI Inflation Number Means For The Fed: 'A Strategic Error Of Epic Proportions'

The Labor Department on Tuesday reported an 8.3% year-over-year increase in the consumer price index for August, which sent the SPDR S&P 500 (NYSE: SPY) and the Invesco QQQ Trust (NASDAQ: QQQ) spiraling lower.

Benzinga

Nasdaq Tumbles 500 Points, Crude Oil Down Over 1%

U.S. stocks extended losses midway through trading, following the release of inflation data for August

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