sending

The outlook for U.S. jobs data, along with growing worries about a recession, has weighed on the dollar index, sending it retreating.

by
it's big

This week, the market is focused on the US labor market data, especially against the backdrop of growing concerns about the recession. Employment has become an important window for evaluating macroeconomic trends. The upcoming ADP employment data, scheduled for release on Wednesday, is expected to show that the US private sector added about 40,000 new … Read more

The market is sending a worrying signal about the economy | CNN Business

by
Drivers wait to load vehicles at a Costco gas station in Richmond, California.

Good news: Oil traders are betting the Iran war will end soon. The bad news: They also bet the economic damage from the war could last for years. Crude has soared above $110 a barrel, making $4-a-gallon gas and $5.40 diesel a painful reality in the United States. But when we say “crude is trading … Read more