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How immigrants are helping to sustain job growth as inflation cools

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How immigrants are helping to sustain job growth as inflation cools

US President Joe Biden greets members of the US Border Patrol at the US-Mexico border in Brownsville, Texas, US, February 29, 2024. Kevin Lamarque | Reuters Immigration — authorized and unauthorized — has helped the U.S. labor market maintain a buoyant run in recent months without reigniting inflation, economists and analysts say. The effect has … Read more

Goldman gives its four end-of-year scenarios, from a megacap super rally to a recession-fueled decline

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Goldman gives its four end-of-year scenarios, from a megacap super rally to a recession-fueled decline

Goldman Sachs has presented four stock market predictions for how the year could end. Wall Street is fast approaching the midpoint of 2024, with investors finding the stock’s performance so far surprising. The S&P 500 is up 14% already this year, passing 5,400 for the first time, already beating many strategists’ year-end forecasts. However, this … Read more