Why is Wall Street questioning the January US jobs report? What we know as Fed rate cut expectations shift

A stronger-than-expected January jobs report has lifted market sentiment, but several economists say the data may not be as solid as the headline suggests. Figures released by the US Bureau of Labor Statistics showed the unemployment rate edging down to 4.3% from 4.4%, with 130,000 jobs added in January — about double economists’ forecasts. Despite … Read more

Wall Street banks say buy the dip in gold as the metal recovers Monday

If you’re underweight gold, some of the biggest banks on Wall Street have a message: buy the dip. Gold futures dropped more than 11% on Friday to settle well below the key $5,000 an ounce level after President Donald Trump nominated Kevin Warsh to succeed Jerome Powell as the next Federal Reserve chair. Choosing Warsh … Read more

John Wall Visit Sparks Howard’s Dominant Win

John Wall didn’t take the floor at Burr Gymnasium on Saturday, but his presence shaped the night long before the opening tip of the highly-anticipated HBCU basketball matchup. As Captain of the Day, the former No. 1 overall NBA Draft pick delivered a pregame message centered on effort, accountability, and defense. By the time Howard … Read more