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NFP set to show strong US labor market as markets ramp up Fed rate hike bets

The United States (US) Bureau of Labor Statistics (BLS) will release the Nonfarm Payrolls (NFP) data for June on Thursday at 12:30 GMT. With investors pricing in a hawkish Federal Reserve (Fed) policy outlook with the new Chairman Kevin Warsh at the helm, the underlying details of the employment report could influence the timing of a possible interest rate increase. Payroll data is among the indicators that generally trigger a significant market reaction. Still, this time, with…

Finance news

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Business

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LARRY KUDLOW: We Must Fight for Our Freedoms

Just about a year after signing the One Big, Beautiful Bill with its major league tax cuts, the stock market is roaring. In this year’s second quarter, the S&P 500 is up 15 percent and the NASDAQ up 21 percent — the best performance in 6 years. The small-cap Russell…

Markets

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Investing

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