No case for more jumbo rate cuts by the Fed, strategists say
There is no case for more 50-basis-point rate cuts by the Federal Reserve, veteran market strategists told CNBC. Source link
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Labor economy
East and Gulf Coast ports strike deal is not close to done: Automation still a big hurdle in ILA/USMX negotiations
The East and Gulf Coast ports strike deal isn't close to done, with a fight over automation between ILA union
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Stellantis files federal lawsuit against UAW union over strike threats
Stellantis is suing the United Auto Workers, escalating a monthslong battle between the transatlantic automaker and American union, CNBC has
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Jobless rates fall for Black and Hispanic men in September
Black and Hispanic men experienced a fall in jobless rates in September. Source link
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5 things to know before the stock market opens Friday
Here are five key things investors need to know to start the trading day. Source link
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10-year Treasury yield soars after jobs report blows past expectations
In Friday's report, nonfarm payrolls grew by 254,000 in September, significantly exceeding economists' expectations. Source link
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Latina wage gap widens to $1.3 million for full-time and part-time workers
Latinas working full time, year-round were typically paid just 58 cents for every dollar paid to white, non-Hispanic men. Source
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The big catalyst for the week: How to trade Friday’s job report
JPMorgan traders laid out their predictions for how the S&P 500 could react under five separate scenarios. Source link
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500 Starbucks locations have voted to unionize as labor talks continue
Baristas at a Starbucks in Bellingham, Washington, voted to unionize on Monday, becoming the 500th location to join Starbucks Workers
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