macro
The share of Americans who are working or looking for a job hasn’t been this low since the pandemic, according to a July jobs report full of gut punches.
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Trump renews effort to fire Fed’s Cook, continuing attacks on central bank
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Dollar falls as Fed rate hike bets ease; yen set to hold intervention gains
The chances of a hike remain, with upcoming inflation reports a key focus for Fed officials.
Two months after he was blocked by the Supreme Court, President Donald Trump has resumed his effort to oust Federal Reserve governor Lisa Cook as part of an effort to stack the central bank’s board with more allies.
An enigmatic Fed faces the risk of AI stocks falling and the oil price soaring
The US Senate confirmed Christopher Phelan, a former adviser to the Federal Reserve Bank of Minneapolis, as chairman of the White House Council of Economic Advisers.
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BofA: US payrolls fell 23k in July, unemployment drops to 4.1%
Nonfarm payrolls were projected to increase by 83,000 in July while the unemployment rate would hold steady at 4.2%, according to the Dow Jones consensus.
Rising Treasury yields could pressure equity valuations, Fidelity's Timmer says