Jobs report expected to run hot and that could lead to aggressive Fed

A “We’re Hiring” sign is posted at a Target store on August 05, 2022 in San Rafael, California. Justin Sullivan | Getty Images Job growth in August likely slowed from July’s frenzied pace, but it is still expected to have been quite strong, with broad-based hiring across many sectors. Monthly jobs data is always important, … Read more

Chip stocks could plunge another 25% as ‘we are entering the worst semiconductor downturn in a decade,’ analyst says

After a rough few months for semiconductor stocks, one Wall Street analyst expects the pain to continue and predicted Tuesday that “we are entering the worst semiconductor downturn in a decade.” In a Tuesday note, Citi Research analyst Christopher Danley wrote that this earnings season marked the first since the pandemic began in which consensus … Read more