A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link.
Another month, another hot jobs report that has Wall Street wondering when the Federal Reserve will finally cut interest rates.
The US economy added 272,000 jobs in May, racing past economists’ predictions for 180,000. The jobless rate rose only slightly to 4%.
The hot jobs report is a double-edged sword for Wall Street. On
→ Continue reading at CNN - Business News