Investors are rushing into the relative safe haven of the bond market, causing the yield on the U.S. 10-year Treasury to plummet.Real Estateread more
President Donald Trump on Thursday directed the U.S. intelligence community to "quickly and fully cooperate" with Attorney General William Barr's investigation into the...Politicsread more
The U.S. Commerce Department said its proposed rule would amend the normal countervailing duty process to include new criteria for currency undervaluation.World Economyread more
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Zilingo founder Ankiti Bose says working as an investment analyst helped her build her near-$1 billion fashion start-up.Ditching the Corporate Liferead more
Stocks fell sharply on Thursday as investors started to fear the U.S.-China trade war is slowing the economy.Marketsread more
"The last thing I want is to put a date out there for lifting the grounding," said Dan Elwell, acting administrator for the FAA.Transportationread more
The charges allege he published secret documents obtained by former Army intelligence analyst Chelsea Manning, some of which included the disclosure of foreigners who were...Politicsread more
TransferWise, the money transfer start-up, was valued at $3.5 billion after investors bought $292 million of shares in a secondary sale.Technologyread more
See which stocks are posting big moves after the bell on Thursday, May 23.Market Insiderread more
May's employment report could be just as weak if not weaker than April's, due to an expected slowdown in hiring at big chain stores and the temporary impact of the Verizon strike.
The consensus estimate of economists is for 164,000 nonfarm payrolls, with the unemployment rate at 4.9 percent, according to Thomson Reuters. In April, the unemployment rate was 5 percent and payrolls were at 160,000, a shocking 40,000 below what was expected.
This month, economic forecasters have lowered their expectations due to the impact of 35,000 striking Verizon workers. The company announced an end to that strike last week. The jobs report is expected at 8:30 a.m. EDT Friday, at the same time international trade data is released. There are also ISM nonmanufacturing and factory orders at 10 a.m.