Monday, October 10, 2022

White-collar workers are feeling the brunt of the Fed's rate hikes. Here's why

September's hotly anticipated jobs data ended up cooling markets on Friday. Stocks fell sharply as investors evaluated the report, which showed more jobs than expected were added to the US economy and indicated that more pain-inflicting interest rate hikes from the Federal Reserve lie ahead.

from CNN.com - RSS Channel - US https://ift.tt/MIQBNo8

No comments:

Post a Comment

Brigitte Macron’s Slur Against Feminist Protesters Prompts an Outcry in France

Brigitte Macron used a slur to criticize protesters who had interrupted a show by a French comedian accused of rape in 2021, in a case that ...