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Stock-index futures rise ahead of jobless claims

Stock-index futures edged higher Thursday as investors awaited a peek into the U.S. labor market and another update on activity in a surging housing market. Corporate earnings also continue to roll in, while the European Central Bank is due to offer an updated policy statement. What are major indexes doing? Futures on the Dow Jones […]

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Fauci says ‘it’s horrifying’ to see people cheering low vaccination rates

Dr. Anthony Fauci said Sunday it was “horrifying” to see conservatives cheer for low vaccination rates, blaming “ideological rigidity” for hobbling the fight against COVID-19. Fauci, President Joe Biden’s top pandemic adviser, spoke Sunday on CNN, and referenced a widely shared video of “COVID contrarian” Alex Berenson speaking Saturday at the Conservative Political Action Conference […]

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The No. 1 reason workers are considering switching jobs

Many workers are ready to bounce. Some 95% of respondents in a new survey were “currently considering changing jobs,” and 92% said they would switch industries to get a new job.  Worker burnout has risen in varying degrees during the pandemic as many employees are saddled with additional domestic responsibilities, blurred work-life boundaries, frontline-work stress […]

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Bond rally continues while Dow futures slump 300 points and European stocks retreat

Stocks in Europe slumped in early action Thursday while bonds continued to rally, as investors assessed central bank developments and anticipated how the economy will behave next year without as much stimulus. After a nearly 5 basis point decline on Wednesday, the yield on the 10-year U.S. Treasury TMUBMUSD10Y, 1.258% fell to 1.27%. The yield […]

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U.S. stock futures edge higher ahead of Fed minutes

U.S stock-index futures edged higher Wednesday as investors awaited minutes of the Federal Reserve’s June policy meeting that briefly rattled markets last month. What are major indexes doing? Futures on the Dow Jones Industrial Average YM00, +0.06% rose 37 points, or 0.1%, to 34,497. S&P 500 futures ES00, +0.19% were up 8.10 points, or 0.2%, […]

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Is the market pricing in ‘peak growth’? These charts suggest as much, says a leading strategist.

The market is seemingly adopting the idea that growth won’t get any better than it currently is, according to David Rosenberg, chief economist and strategist at Rosenberg Research and a longtime Wall Street veteran. The idea that economic growth will be strongest in 2021 is hardly an out-of-consensus idea. The International Monetary Fund, for example, […]

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Millions of Americans still aren’t entering the labor market despite record job openings

Job openings are at a record high — but only a small number of people are re-entering the jobs market. The U.S. has added 850,000 new jobs in June in a good sign of health for a recovery economy. Yet the share of people in the labor force has been stagnant for the past year. […]

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