The Latest Breaking News from Unemployment

Latest data reported by the ABS dims chances of a near-term RBA interest rate cut

It seems that the lessons of the past on issuing ‘forward guidance’ have been quickly forgotten

Pharmaceuticals giant has hit a £200bn stock market valuation, a decade after fighting off Pfizer’s takeover approach

At a hotel in Bihar’s Begusarai on March 21, union minister and MP Giriraj Singh thundered on stage before a crowd of youngsters in suits. “A leader doesn’t mean a political leader…you’ve reached here by battling unemployment. So you are the real leader…If I wasn’t an MP, I would’ve worked…

The dollar index (DXY00 ) on Thursday rose slightly by +0.03%. The dollar Thursday erased overnight losses and turned slightly higher after US weekly initial unemployment claims fell more than expected, which pushed T-note yields higher and was hawkish for Fed policy. The dollar gave up most of its advance...

The S&P 500 Index ($SPX ) (SPY ) today is up +1.70%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +1.32%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +2.24%. US stocks are trading higher today after US weekly initial unemployment claims fell more...

The dollar index (DXY00 ) today is up by +0.18%. The dollar today erased overnight losses and turned higher after US weekly initial unemployment claims fell more than expected, which pushed T-note yields higher and was hawkish for Fed policy. Strength in stocks today is limiting the upside in the...

The U.S. economy got some relief from a favorable unemployment report on Thursday, and the stock markets responded in kind with strong gains from the opening bell.

The S&P 500 Index ($SPX ) (SPY ) today is up +0.99%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.81%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.10%. US stocks are trading higher today after US weekly initial unemployment claims fell more...