President Donald Trump lambasted Twitter, Google and other technology giants on Wednesday for what he sees as their efforts to repress his messaging.US Economyread more
JP Morgan's Jamie Dimon says student lending "is a disgrace and its hurting America," he told Yahoo Finance Tuesday.Economyread more
Mnuchin tells CNBC he's confident President Trump and China's Xi Jinping can make progress in stalled trade talks.World Economyread more
The first debates will give most of the contenders their biggest platform yet to present themselves to the American people.Politicsread more
President Trump says "I hope we don't" have a war with Iran but it "would not last very long."Politicsread more
The stock market is shrinking for several key reasons, but there's a way for investors to maneuver it, says Citi Research strategist Robert Buckland.Trading Nationread more
Stocks rose on Wednesday as comments from Treasury Secretary Steven Mnuchin lifted expectations of a potential trade deal between China and the U.S.Marketsread more
Presidents Donald Trump and Xi Jinping are scheduled to meet Saturday, the second day of the two-day G-20 summit in Osaka, Japan.Politicsread more
A small group of companies have gotten so big that they are essentially becoming the market, and when they do well, the markets do well.Trader Talk with Bob Pisaniread more
Retailers can't let Amazon have all the sales on Prime Day. Target and eBay are two companies trying to compete.Retailread more
Democrats want Mueller's testimony on his probe into Russian interference in the 2016 election and Trump's efforts to influence it.Politicsread more
White House economic advisor Larry Kudlow said Thursday that the government's report on jobless claims earlier in the day hints that January's jobs report will be strong.
"It suggests very strongly that the jobs report for January, which will come out the week after next, will be up," Kudlow told Fox News on Thursday. "And it may be up a significant amount. It also suggests – as almost every other data point suggests – that the economy is very strong."
Kudlow referenced the Labor Department's weekly update on the number of people seeking jobless benefits, which the government published Thursday morning. The report showed jobless claims dropped last week to the lowest level since November 1969, with weekly applications for unemployment aid dropping 13,000 to a seasonally adjusted 199,000.
Kudlow, one of President Donald Trump's top economic advisors, argued that the low level of jobless claims foreshadows a robust jobs report from the Labor Department in February. The government will publish the latest nonfarm payrolls and unemployment rate data for the month of January on Feb. 1.
Jobless claims are "a leading indicator of the jobs report and they're a leading indicators of the economy," Kudlow added. "So, this is very important. Any Wall Street economist will tell you how important that number is."
The unemployment rate rose two-tenths of a percentage point to 3.9 percent in December as strong labor market conditions attracted some unemployed people back into the labor force. Job creation ended 2018 on a powerful note, with nonfarm payrolls surging by 312,000.
This is a developing story. Check back for updates.