The dollar index (DXY00) today fell from a 5.5-month high and is down by -0.04%.  The dollar whipsawed lower today after US Sep nonfarm payrolls rose more than expected but the Sep unemployment rate unexpectedly ticked up to a nearly 4-year high, bolstering expectations that the Fed may still cut interest rates at next month’s FOMC meeting.  Other US economic news today was mixed for the dollar as weekly jobless claims fell more than expected, the Nov Philadelphia Fed business outlook survey rose less than ...

So that's your setup for the day off the back of this earnings report, off the back of the data that we've been waiting for. So let's get to Kevin Green who joins me now to get across some other numbers and we're getting some existing home sales. Print, uh, talk us through what you're seeing as far as that one, KG, this morning.>> Yeah, for existing home sales, we actually saw that number coming in at 4.1% million for the month of October. The street was looking for 4.08% million, so pretty much in line wit ...

Let me first ask you about the headline number. It was a blowout. We were only expecting 51,000 in our survey and far more than double.That is what we got. How strong is this economy. 119,000 new jobs.I think that is a solid report for the American people and for the workforce. We have seen over and over again, you know, that we want to have these gains. And it's those investments by this administration and this president.I think that's what you're seeing come online. So this was a solid report for these Se ...

Let me first ask you about the headline number. It was a blowout. We were only expecting 51,000 in our survey and far more than double.That is what we got. How strong is this economy. 119,000 new jobs.I think that is a solid report for the American people and for the workforce. We have seen over and over again, you know, that we want to have these gains. And it's those investments by this administration and this president.I think that's what you're seeing come online. So this was a solid report for these Se ...

Policymakers at the central bank are at odds over the need to cut interest rates for a third straight meeting, as inflation picks up again and the labor market slows down. ...

Hammack has signaled that she is against another rate cut — Source: CoinGape Fed President Beth Hammack warned of the risks of prolonged elevated inflation due to additional rate cuts. This comes amid the release of the September jobs report. The odds of another rate cut has climbed following the jobs report release. Cleveland Fed President Beth Hammack has commented on the effects that further rate cuts could have on inflation. This comes amid uncertainty about whether the FOMC will make another ...

While moments ago, the September jobs report was finally released after it had been delayed by the government shutdown. It showed that employers added 119,000 jobs. That is more than expected.>> But the unemployment rate also increased to 4.4% which is the highest it's been since October 2021. We're looking confused here at the table. So thankfully we have co-anchor of CNBC Squawkbox and a New York Times colonist Andrew Rossin to explain it to us.And we should note that his book 1929 inside the greatest cra ...

Broadly speaking, fixed income ETFs, including the Neuberger Berman Total Return Bond ETF (NBTR) and the Neuberger Berman Short Duration Income ETF (NBSD), have been decent performers this year. But smart investors will remember that what happened in one year isn't guaranteed to repeat when the calendar turns. One way of interpreting that sentiment is that fixed income investors need to be agile and nimble in 2026. These objectives can be accomplished with the actively managed Neuberger Berman ETFs mentione ...

By Michael S. Derby (Reuters) -Federal Reserve Bank of Cleveland President Beth Hammack warned Thursday that cutting rates further right now carries a wide range of risks for the economy. Given the persistence ​of inflation running over the Fed’s 2% target, “lowering interest rates to support the ‌labor market risks prolonging this period of elevated inflation, and it could also encourage risk-taking in financial markets,” Hammack said, according ‌to the text of a speech to be presented at a conference h ...

South Africa’s central bank resumes its easing cycle as it trimmed its inflation forecasts following the formal adoption of a 3% inflation target https://t.co/ciwrj6h4jh ...