News & Events

With these many jobs, do we no longer have to worry about a recession?
New York CNN  —  US recession worries aren’t dead. But they may have passed into a coma at 8:30 am ET on Friday. That’s when the Labor Department released its latest jobs report, which indicated...

Amazingly, the U.S. job market continues to roar. Here are the 5 things to know
...Even construction companies added 25,000 jobs, despite the drag on the housing market after the Fed sharply raised interest rates. The only industries showing job losses last month were manufacturing...

How Does Gold Perform With Inflation, Stagflation And Recession?
AT A GLANCE Gold prices soared in the 1970s era of inflation, but the root causes of inflation are different today In six of the last eight recessions, gold outperformed the S&P 500 by 37% on...

The job market held up in May. But the Fed may have already decided to pause
Washington, DC CNN  —  The US labor market picked up momentum in May, once again defying expectations of a slowdown. But Federal Reserve officials are still likely to suspend rate hikes in their...

Nasdaq, S&P 500 Set 2023 Highs
Topline The tech-heavy Nasdaq hit a 14-month high Friday, largely driven by massive gains from a handful of the widely tracked tech index’s largest companies, while the Dow Jones Industrial Average...

Crypto during a recession: Here’s what to expect
Bitcoin and other cryptocurrencies have been on a roller coaster ride over the last 18 months, starting in late 2021, when the Federal Reserve announced that it would aggressively raise interest...

Strong Employment, Inflation Means Fed Has To Keep Hiking Interest Rates In 2023
The shows continued growth in the economy, with no deceleration. Wage inflation has slowed relative to its peak in 2022, but the latest monthly data show it continuing well in excess of reasonable...

May 2023 Jobs Report Signals A Weaker Economy For New Graduates
The May 2023 jobs report may give the Federal Reserve another reason to pause on interest rate hikes and another reason new graduates should not burst into the interview room asking for a big raise...

Bear Market Guide: The Different Phases And How To Invest During One
If the prevailing economic outlook for the U.S. is accurate, we're headed for a recession later this year. And, unfortunately for investors everywhere, recessions can be problematic for the stock...

Today’s Jobs Report Signals A Weaker Economy
Today’s jobs report may give the Fed another reason to pause on interest rate hikes and another reason new graduates should not burst into the interview room asking for a big raise and remote...