The US labor market isn't putting pressure on the Fed's plans to cut interest rates in 2025
A strong January jobs report has investors believing the Federal Reserve likely won't be cutting interest rates in the near future.
A strong January jobs report has investors believing the Federal Reserve likely won't be cutting interest rates in the near future.
Super Micro Computer shares surged Friday, extending gains ahead of the company's second-quarter update expected after markets close Tuesday.
Software is rapidly reducing operating expenses for businesses. Companies bringing it to life have been rewarded with explosive earnings growth, and the upward trend shows no signs of stopping as the industry has posted a 42% gain over the past six months, beating the S&P 500 by 25.6 percentage points.
Semiconductors are the silicon backbone of the digital revolution. Still, they’re subject to swings in the broader economy because customers often stockpile chips ahead of demand. Some investors seem to be debating where we are in the cycle as the industry’s six-month return of 5.8% has fallen short of the S&P 500’s 16.1% rise.
It was a quarter filled with an E. coli outbreak and tough weather; Wall Street hopes McDonald's fourth quarter is the worst of it.
"Conventional delinquencies remain near historical lows, but FHA and VA delinquencies are increasing at a faster pace," the MBA said.
Even if they go mostly unnoticed, industrial businesses are the backbone of our country. But they are at the whim of volatile macroeconomic factors that influence capital spending (like interest rates), and the industry has underperformed the market over the past six months as its 12.6% return lagged the S&P 500 by 3.4 percentage points.
U.S. equities were down at midday as fewer jobs than expected were created in January, and another survey showed weakness in consumer sentiment.
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Success in closing the carried-interest loophole is anything but guaranteed.