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Last month, the Federal Reserve slashed interest rates by a supersized half point in a bid to maintain the job market’s strength, Chair Jerome Powell explained in a news conference after the decision was announced. But when fresh data this Friday showed the job market is more robust than even…
This article was written byFollowThe Investment Doctor is a financial writer, highlighting European small-caps with a 5-7 year investment horizon. He strongly believes a portfolio should consist of a mixture of dividend and growth stocks. He is the leader of the investment group European Small Cap Ideas which offers exclusive…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Lebanese authorities said Israel’s bombardment had killed 50 health workers in the past three days as Israeli fighter jets continued to launch strikes across the Arab state. The Israeli military said on…
The Biden administration won’t extend legal permissions for certain migrants from Nicaragua, Cuba, Venezuela and Haiti provided through a temporary humanitarian program designed to curb illegal border crossings, requiring them to seek other legal means to remain in the United States, according to the Department of Homeland Security. The decision…
Attitudes about the obligation to provide care for an aging parent in failing health vary. In some families, there is an unspoken expectation that it is the daughter’s job to provide this care, despite the fact that there is no legal obligation for any particular person to do so. Rarely…
The average rate on the 30-year-fixed mortgage jumped 27 basis points Friday morning following the release of the government’s monthly employment report. The rate is now 6.53%, according to Mortgage News Daily.That is 42 basis points higher than Sept. 17, the day before the Federal Reserve cut its benchmark rate…
Fed close to pulling off the elusive economic soft landing in 2024 after great September jobs report
September’s outsized payrolls boost takes the U.S. economy out of the shadows of recession and gives the Federal Reserve a fairly open glide path to a soft landing.If that sounds like a Goldilocks scenario, it’s probably not far from it, even with the lingering inflation concerns that are straining consumers’…
Sign up for CNN’s Adulthood, But Better newsletter series. Our seven-part guide has tips to help you make more informed decisions around personal finance, career, wellness and personal connections. Megan Rathmell thought she’d bombed her job interview earlier this year, assuming her nervousness and lack of preparation had cost her the…
This article was written byFollowEdmund Ingham is a biotech consultant. He has been covering biotech, healthcare, and pharma for over 5 years, and has put together detailed reports of over 1,000 companies. He leads the investing group Haggerston BioHealth. The group is for both novice and experienced biotech investors. It…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The US economy added 254,000 jobs in September, smashing expectations and prompting traders to increase bets that the Federal Reserve will lower interest rates at a slower pace after a jumbo cut…