Friday’s better-than-expected U.S. jobs numbers for June dented expectations for a large reduction in rates at the Fed’s policy meeting later this month
On Friday, data showed U.S. employers added a better-than-expected 224,000 jobs last month, denting investors’ expectations for a large reduction in rates at the Fed’s policy meeting later this month. U.
S. stocks retreated slightly and Treasury yields rose.United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Chinese stocks are a buy even without a trade deal, says top emerging market fund managerThe outlook for Chinese stocks may be risky. But Lewis Kaufman, a portfolio manager at Artisan Partners, thinks investors should buy them anyway.
Read more »
Sell These 2 Trucking Stocks Because a Recession Is Coming, Analyst SaysLoop Capital Markets analyst Jeff Kauffman cut his ratings on several logistics companies because of weak demand for road and rail services.
Read more »
Deutsche Bank will exit global equities business and slash 18,000 jobs in sweeping overhaulThe bank aims to reduce costs by 6 billion euros. CEO Christian Sewing had broadcast 'tough cutbacks' during a shareholders' meeting in May.
Read more »
Deutsche Bank to Exit Global Equities, Trading BusinessDeutsche Bank moved to gut its global ambitions as a trading powerhouse, cutting 18,000 jobs and retreating to its German banking roots in a radical overhaul to try to save itself after years of decline.
Read more »
Breakingviews - Global central bank assault claims Turkish victim(Reuters Breakingviews) - Independent central bankers are under attack around th...
Read more »
Copper an Outlier as Most Markets Rebound on TradeA retreat in copper prices is signaling continued investor concern for the global economy, even after a cease-fire in the U.S.-China trade fight boosted stocks and other risky assets recently.
Read more »