At 8:30 on a Friday morning, the Bureau of Labor Statistics dropped one of the more surprising jobs reports of the past year. The US economy added 178,000 jobs in March, and the unemployment rate ticked down to 4.3%. When put against a Wall Street consensus calling for roughly 57,000 nonfarm payrolls, the number was […]
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US markets move in seconds when the jobs report hits. February payrolls fell by 92,000 jobs, the unemployment rate rose to 4.4%, and prior months were revised down by 69,000. Together, that's 161,000 fewer jobs than the numbers showed at the start of the year. But the number traders react to first often isn't the […]
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Bitcoin remained under pressure even as the data likely puts back in play the chances of Fed rate cuts in the first half of 2026.
Financial markets keep rallying, but a look beneath the surface paints a much riskier picture for the months ahead. Many investors now warn that Wall Street is ignoring growing cracks in the U.S. job market and real economy, a disconnect that has led to major trouble before. Why Wall Street is so out of step […]
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The August jobs report is in, and depending on your perspective, it’s either worrying or the next big catalyst for crypto. While economists were expecting jobless claims of 230,000, the reality arrived at 237,000. Job openings also missed the mark, coming in at 7.18 million versus the projected 7.38 million. Along with July’s figures, the […]
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Crypto markets have fallen sharply over the past few days as stronger than expected economic data sent interest rates surging and called into question the idea that the Fed will continue easing monetary policy.