Early signs of cooling in the still-hot jobs market

Early signs of cooling in the still-hot jobs market

A ‘now hiring’ sign is displayed in a retail store in Manhattan on January 05, 2024 in New York City.  Spencer Platt | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where … Read more

December jobs data is startlingly strong

December jobs data is startlingly strong

A ‘now hiring’ sign is displayed in a retail store in Manhattan on January 05, 2024 in New York City.  Spencer Platt | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where … Read more

The 2023 U.S. economy, in charts

The 2023 U.S. economy, in charts

A pedestrian holds an umbrella as they walk along a street in the rain in Times Square, New York, on Sept. 26, 2023. Ed Jones | AFP | Getty Images The state of the U.S. economy may be a chief concern among Americans, but 2023 wound up as a pretty good year for the macroenvironment. … Read more

10-year swings back above 4% after December jobs report

10-year swings back above 4% after December jobs report

Treasury yields moved in mixed directions on Friday as traders weighed the U.S. economic outlook following the latest nonfarm payrolls data release. The yield on the 10-year Treasury was up 3 basis points at 4.019%, crossing back above the key 4% level. It had retreated earlier in the morning. The 2-year Treasury yield was last … Read more

Friday’s jobs report will be big signal for market seeking good news

Friday’s jobs report will be big signal for market seeking good news

A now hiring sign is posted in front of a U-Haul rental center on November 03, 2023 in San Rafael, California. Justin Sullivan | Getty Images When the December jobs report is released Friday morning, markets will be looking for a number that hits a sweet spot between not so robust as to trigger more … Read more

Economy, Gaza war and China ties dominate

Economy, Gaza war and China ties dominate

Presidential candidates Anies Baswedan, Prabowo Subianto, and Ganjar Pranowo, along with their vice presidential candidates, are posing for photos after the first presidential candidate debate at the General Election Commission (KPU) office in Jakarta, Indonesia, on December 12, 2023. Indonesia is preparing to hold general elections for president and vice president for the 2024-2029 period … Read more

5 changes coming for retirement savers in 2024

5 changes coming for retirement savers in 2024

1. Student debt relief Many early career workers face a conundrum when it comes to tackling financial goals: pay down student debt or invest toward retirement? Starting next year, you may be able to do both at once. Secure 2.0 allows companies to “match” employees’ student loan payments with contributions to their workplace retirement accounts. … Read more

McDonald’s, Chipotle prepare for fast-food worker battles in 2024

McDonald’s, Chipotle prepare for fast-food worker battles in 2024

Scott Olson | Getty Images News | Getty Images There will be no fooling California fast-food workers come April 1. That’s the day they can honestly believe the minimum wage in the Golden State will jump to $20 an hour from $16, and only in that sector. The pay raise exclusive for that workforce, estimated … Read more

Why employers can force out small 401(k) accounts when a worker leaves

Why employers can force out small 401(k) accounts when a worker leaves

Tom Werner | Digitalvision | Getty Images If you left behind a small 401(k) plan account at a former job, odds are your former employer has moved those funds out of the plan. That move may hurt your retirement savings over the long term, experts say. Current law allows employers to “force out” 401(k) accounts … Read more

Women face a retirement savings shortfall. Three ways to close the gap

Women face a retirement savings shortfall. Three ways to close the gap

What begins as a gender wage gap inevitably becomes a significant shortfall by retirement. In the U.S., women who work full time are typically paid about 80 cents for every dollar paid to their male counterparts. That gap has persisted despite women’s increasing levels of education and representation in senior leadership positions. Women are also still more … Read more