What Higher Interest Rates Will do to Stocks The Labor Department is scheduled to release its new monthly jobs report on June 2. The report will reveal how many new jobs were added in May. Recent trends have been positive: the economy added a total of 211,000 jobs in...
3 Takeaways from the Fed Interest Rate Increase The Federal Reserve Open Markets Committee announced on June 14 that it would raise interest rates to the 1-1.25% range, the third rate hike of the past six months. It also signaled that one more rate increase is likely...
Ex-FBI Director James Comey testified in front of the US Senate on June 8. He answered questions about his complicated relationship with President Trump. His testimony, and much of the related media coverage, focused on a conversation between Comey and the president...
The Dispute Between Saudi Arabia and Qatar is Already Affecting Oil Prices Crude oil futures gained value on Monday after a number of Middle-Eastern states—Saudi Arabia, Egypt, Bahrain, and the United Arab Emirates—cut diplomatic ties with Qatar, accusing the Persian...
What the New Jobs Report Means for Your Stock Portfolio These are good times for the US labor market. The unemployment rate fell to 4.3% in May, the lowest level since 2001. Unemployment has fallen by 0.5% just since January. The picture looks even brighter since the...