RSM US LLP

On Friday, the Bureau of Labor Statistics released employment data for the month of November, and the numbers were disappointing. Here’s a rundown of everything you need to know. What You Need To Know About The Jobs Report: The nonfarm payroll number came in at +245,000, well worse than...

Markets traded lower on Friday after U.S. President Donald Trump tested positive for the coronavirus just one month ahead of the November election. Trump and First Lady Melania Trump both tested positive shortly after top Trump aide Hope Hicks tested positive. Trump’s diagnosis comes...

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower Thursday after the weekly U.S. jobs report from the Labor Department revealed a surprise increase in the number of initial jobless claims. On Thursday morning, the Labor Department reported 870,000 initial jobless claims for the week...

National unemployment numbers for July are set to be released Friday by the Bureau of Labor Statistics, and experts are expecting an increase in the unemployment rate.   Early July Predictions: According to a labor report for July released by Automatic Data Processing Inc (...

Americans made 1.480 million initial jobless claims in the week ending June 20, a decrease of 60,000 from the prior week, the Department of Labor said Thursday. The figure exceeded the 1.3 million initial claims expected by economists.  What Happened: Initial unemployment claims topped 1...

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower by 0.3% on Thursday after the Labor Department reported weekly jobless claims of 5.245 million, bringing the running total for the coronavirus downturn up to 22 million. This week’s jobless claims were down 1.37 million, suggesting the...

The U.S. stock futures market fell at the open Sunday evening, not long after the Federal Reserve cut interest rates to zero to 0.25%, the first time interest rates have been that low since the 2008-2009 financial crisis. "The coronavirus outbreak has harmed communities and disrupted...

Despite a rising death toll and more than 20,000 confirmed cases of coronavirus infections in China, U.S. stocks came roaring back on Tuesday, seemingly shrugging off concerns that the virus could weigh on the Chinese economy and potentially negatively impact the entire global financial system....

The Bureau of Labor Statistics released employment data for the month of September, and the jobs report came in below expectations. Here’s a rundown of everything you need to know. What You Need To Know The nonfarm payroll number came in at +136,000, below consensus economist expectations of...

Negative-yielding sovereign debt levels now exceed $15 trillion, and negative-yielding corporate debt is now greater than $1 trillion around the world. With the Federal Reserve cutting interest rates for the second time this year, investors are growing increasingly concerned that U.S. interest...

U.S. markets fell on Wednesday after the yield on the 10-year Treasury note fell below the yield on 2-year Treasury notes on Wednesday morning for the first time since 2007. According to the San Francisco Fed, each of the nine U.S. recessions that have occurred since 1955 came between six months...

On Wednesday, the Federal Reserve delivered the interest rate hike the markets were expecting. The Fed announced it will be upping the fed funds target rate by 0.25 percent to a range of 2.25-2.50 percent. “The Committee judges that some further gradual increases in the target range for the...

The S&P 500 rebounded Friday morning after the latest U.S. jobs report was slightly weaker than expected. Slowing but strong jobs growth could prompt the Federal Reserve to slow or pause its interest rate hikes, but one economist says it also serves as an indicator a U.S. recession is not...

Democrats didn’t get the blue wave they hoped for Tuesday, but they picked up enough votes to take the majority in the House of Representatives, with Republicans maintaining control of the Senate. A divided Congress wasn’t particularly surprising to analysts, but there were...

The Federal Reserve delivered Wednesday the interest rate hike the markets were expecting. The Fed announced it will be upping the fed funds target rate by 0.25 percent to a range of 2.0-2.25 percent. “Information received since the Federal Open Market Committee met in August indicates that...