Wall Street ends sharply lower as chips slide, jobs data fuels rate hike fears
Wall Street’s nine-week winning streak ended with a thud on Friday, as red-hot technology stocks suffered their largest daily decline since
June 05, 2026Wall Street’s nine-week winning streak ended with a thud on Friday, as red-hot technology stocks suffered their largest daily decline since
June 05, 2026
The U.S. economy posted another month of strong employment gains in May, confirming that the labor market was gaining traction after stumbling last year and sending short-
June 05, 2026
The blowout U.S. job report released on Friday is likely to further ease concerns among Federal Reserve officials about labor market weakness and
June 05, 2026
U.S. stock index futures extended declines on Friday after a stronger-than-expected jobs report further fueled expectations for the Federal Reserve to hike interest rates this year.
June 05, 2026
The U.S. economy posted another month of strong employment gains in May, confirming that the labor market was gaining traction after stumbling last
June 05, 2026
Investors’ inflation expectations, much more than the central bank, are among the factors that affect the cost of home loans.
June 05, 2026
The average long-term U.S. mortgage rate eased this week from its highest level in nine months, welcome relief for prospective homebuyers
June 04, 2026
The International Monetary Fund on Thursday urged the Federal Reserve in its first policy meeting led by new Fed Chair Kevin Warsh to stay cautious on rates due to
June 04, 2026
By Michael S.
June 04, 2026
The dollar slipped from a two-month high on Thursday as optimism rose about a ceasefire in Lebanon, while markets were alert to possible intervention as the
June 04, 2026
The number of Americans filing claims for unemployment benefits increased more than expected last week, touching their highest level in four months,
June 04, 2026
Supreme Court turns toward an explosive final month with Trump’s priorities at stake
June 03, 2026
Dallas Federal Reserve President Lorie Logan on Wednesday said signs of robust economic growth and corporate earnings "going gangbusters" are helping to make her
June 04, 2026
Federal Reserve Bank of Dallas President Lorie Logan on Wednesday said she feels monetary policy is currently "neutral or perhaps even a bit loose," in contrast with what she feels
June 04, 2026
U.S. services sector activity picked up in May as businesses preemptively placed orders and replenished inventories in anticipation of shortages and
June 03, 2026
By Michael S.
June 03, 2026
U.S. services sector activity picked up in May as businesses preemptively placed orders and rebuilt inventories in anticipation of shortages and higher prices because of
June 03, 2026
Underlying dollar strength pushed the Japanese yen back to the key 160 level on Wednesday, prompting verbal warnings from authorities and keeping traders on
June 03, 2026
Federal Reserve Chairman Kevin Warsh pledged to follow "the best of the Fed's traditions" in an opening note to the central bank's more than 20,000
June 03, 2026
Federal Reserve Chair Kevin Warsh has tapped two conservative policy veterans, Paul Winfree and Daniel Heil, to advise him while he settles into the job, the Wall Street Journal
June 03, 2026
The S&P 500 and the Dow closed modestly higher on Tuesday as risk appetite driven by AI fervor was counterbalanced by tensions arising from
June 02, 2026
U.S. job openings increased by the most in five years in April, but the surge likely overstates the labor market's health, as hiring declined against
June 02, 2026
By Michael S.
June 02, 2026
By Michael S.
May 29, 2026