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Investing.com21d agobearish
Gold miners and bitcoin stocks fall on strong jobs data

Investing.com -- Gold mining and crypto-linked equities skidded Friday as a blowout U.S. jobs report dampened expectations for monetary easing, lifting implied odds of a Fed rate hike next week to 60% from 52%. The Labor Department reported nonfarm payrolls surged by 162,000 last month, dwarfing the consensus forecast of 55,000. While the resilient labor market signals economic strength, Fed funds futures swiftly repriced policy expectations. Traders now see a 60% probability of a rate hike at n

102 Dems to STB: Put labor first in UP-NS rail merger review
FreightWaves21d agoneutral
102 Dems to STB: Put labor first in UP-NS rail merger review

More than 100 House Democrats urged the Surface Transportation Board to prioritize rail jobs in its review of the proposed Union Pacific-Norfolk Southern merger. The post 102 Dems to STB: Put labor first in UP-NS rail merger review appeared first on FreightWaves.

Stocks Tick Lower on Hot Jobs Report
Barrons.com21d agoneutral
Stocks Tick Lower on Hot Jobs Report

Stocks pulled back after the August jobs report came in stronger than expected. The S&P 500 fell 0.1%. The Dow Jones Industrial Average dropped 0.2%, or 119 points. The Nasdaq Composite was flat. Meanwhile, Treasury yields rose on the release.

Investing.com21d agoneutral
Citi highlights best Gen AI stocks to own for 2027

Investing.com -- Citi raised its global data center growth forecasts as hyperscale investment in high-performance computing and AI workloads accelerates, and named a list of stocks it expects to benefit across multiple sectors.

Planet Labs Rallies 10% as Record Revenue Overrides Soft Q3 Guidance
24/7 Wall St.21d agobullish
Planet Labs Rallies 10% as Record Revenue Overrides Soft Q3 Guidance

Planet Labs (NYSE:PL) stock is rallying 10% to $20.10 in early Friday trading after the Earth-observation company posted a record Q2 FY2027 revenue beat that overshadowed a softer third-quarter revenue outlook. The reversal stands out because the stock closed at $18.35 on Thursday, falling 8% into the report. Planet Labs stock was up 185% over […]

The Sisterhood of the Traveling Brand Sponsorships
The Wall Street Journal21d agoneutral
The Sisterhood of the Traveling Brand Sponsorships

What began as a peek into sorority pledge season has morphed into a highly produced, brand-sponsored annual dance bonanza, with this school year’s new clips brought to you in part by Poppi, Benefit Cosmetics and Lucky Charms. To learn more about how this hyperspecific marketing niche is evolving, I tracked down Jake Motyl, founder of college marketing agency CampusLaunch, who has been shuttling between sorority houses to produce sponsored content for clients like Bodyarmor and Nike.

Strong Jobs Report May Tilt Fed Toward Rate Hike (Live Coverage)
Investor's Business Daily21d agoneutral
Strong Jobs Report May Tilt Fed Toward Rate Hike (Live Coverage)

Today's jobs report showed a surprisingly large payroll gain and steady unemployment rate. Although the focus is on inflation and next week's key reports, August labor market data could be a tie-breaker influencing the outcome of the Federal Reserve's Sept. 16 policy update. S&P 500 futures slipped modestly after the jobs report.

Strong Jobs Report Pushes Fed Closer to Hike
Barrons.com21d agoneutral
Strong Jobs Report Pushes Fed Closer to Hike

With the U.S. economy gaining 162,000 jobs in August and unemployment remaining on a steady course, Fed officials won't need to worry as much about labor conditions when weighing the possibility of raising interest rates later this month. If August's jobs growth had been weak again, it might have raised concerns that the economy wasn't strong enough for higher interest rates.

Yields Climb After Jobs Data Beats Expectations
The Wall Street Journal21d agobullish
Yields Climb After Jobs Data Beats Expectations

Treasury yields are climbing after a hotter-than-expected jobs report that analysts said increases the chances the Federal Reserve will lift short-term rates at its next meeting. The 2-year yield, which often rises and falls with traders' expectations for short-term rates set by the central bank, was recently trading around 4.

Stock Futures Drop on Strong Jobs Report
Barrons.com21d agobearish
Stock Futures Drop on Strong Jobs Report

Stocks pulled back after the August jobs report came in strong. Dow Jones Industrial Average futures fell 0.2%, or 129 points, while S&P 500 futures slipped 0.2%. Tech stocks held onto modest gains with Nasdaq 100 futures up 0.