The spotlight will likely be on the April non-farm payrolls report. Economists, on average, expect 133,000 job gains for the month, notably slower than the 228,00 pace for March.
Inflation will be higher than it would otherwise be, because of tariffs, but lower than many people think because people greatly exaggerate the effect of tariffs.
Shares of agricultural and farm machinery company Titan (NSYE:TWI)
fell 16.3% in the morning session after the company reported weak first quarter 2025 results which included an EPS miss and next quarter's revenue and EBITDA guidance falling short of Wall Street's estimates.
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Summers also countered Treasury Secretary Scott Bessent’s view that bond yield at the shorter end of the curve indicates the Fed should cut interest rates.
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The investor argues the U.S. is emerging from a three-year “stealth recession” and forecasts a productivity-driven economic boom led by innovation-focused companies. She expects falling interest rates, lower inflation
One hundred days into his second term, U.S. President Donald Trump and his “America First” policy are facing mounting challenges, according to new CGTN polls.
President Donald Trump renewed his criticism of the Federal Reserve for holding off on interest rate cuts, though his tone appeared more measured compared to the sharp attacks in recent weeks.
