Some analysts attribute the shockingly strong jobs numbers to government adjustments of the raw data. Others believe the labor market is actually still shockingly strong.
Large Wall Street dealers already stand to lose $5 million to $10 million if the spread between overnight and term SOFR moves against them by just 1 basis point, and their exposure grows with every new transaction.
"Businesses should consider establishing workplace-violence prevention plans to identify, assess, and intervene with current employees, former employees, and customers who may pose a risk of violence," according to a new report from the Secret Service.
With inflation heading downward, the debate is now shifting to what happens after this fight is over— and the risks of getting it wrong are high, both economically and politically.
No slowdown is expected in the coming months when it comes to employer-sponsored healthcare and retirement plans. Here are some of the big-ticket items.