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Bitcoin Hits Nearly 4-Week High With Powell in Focus
Barrons· 2025-09-17 08:59
CONCLUDED Stock Market News From Sept. 17, 2025: Dow Gains After Fed Decision Last Updated: 13 hours ago Bitcoin Hits Nearly 4-Week High With Powell in Focus By Renae Dyer, Dow Jones Newswires Bitcoin rose to a nearly four-week high as markets bet on the Federal Reserve kick-starting consecutive interest- rate cuts ahead of Wednesday's policy decision. The Fed is widely expected to cut rates by 25 basis points in a decision later today followed by further cuts. The prospect of policy easing supports risky a ...
August jobs report sorely misses forecasts — bolstering interest rate cut hopes
New York Post· 2025-09-05 12:42
The US jobs market drastically weakened in August, confirming signs of a slowdown – and bolstering hopes for an interest rate cut this month.Employers added a paltry 22,000 jobs last month — down from 73,000 jobs the month before and far below expectations of 75,000, the Bureau of Labor Statistics said Friday.Friday’s data puts the year-to-date total at just 619,000 – down from more than 1.1 million this time last year. 4 The US jobs market significantly weakened in July. AP 4 A “Now Hiring” sign hangs ...
Payrolls rose 22,000 in August, less than expected in further sign of hiring slowdown
CNBC· 2025-09-05 12:34
watch nowJob creation sputtered in August, adding to recent signs of labor market weakening and likely keeping the Federal Reserve on track for a widely anticipated interest rate cut later this month.Nonfarm payrolls increased by just 22,000 for the month, while the unemployment rate rose to 4.3%, according to a Bureau of Labor Statistics report Friday. Economists surveyed by Dow Jones had been looking for payrolls to rise by 75,000.The report showed a marked slowdown from the July increase of 79,000, which ...