All three of the US market averages (^DJI, ^IXIC, ^GSPC) fell by over 1.5% each — the Nasdaq Composite and Dow Jones Industrial Average both declined by 1.63% — in response to December's jobs data reported this morning.

Wall Street on Friday erased all the gains made in the fledgling year, after a hotter-than-expected jobs report led to analysts and traders significantly dialing back their odds of further Federal Reserve rate cuts.

Larger-than-expected jump in nonfarm payrolls accelerates Treasury selloff as traders slash bets for Federal Reserve rate cuts.

Stocks surged on Wednesday after the latest consumer price index report showed core inflation unexpectedly slowed in December.

Stocks traded lower Thursday, with the S&P 500 on pace to end a three-day winning streak, as big tech shares pulled back.

U.S. stock futures were mostly rising Thursday after a surprise cooldown in a key inflation measure appeared to boost the chances that the Federal Reserve will cut interest rates at some point this year.

The S&P 500 edged higher while the Nasdaq dipped after a volatile session on Tuesday as investors gauged inflation data and braced for quarterly earnings reports to justify stock valuations and the strength of the U.

"At about 100% of GDP and growing rapidly, the U.S. national debt drags down economic growth and threatens Americans with reduced opportunity and the consequences of a severe fiscal crisis," they say. Extending the Tax Cut & Jobs Act without initiating spending cuts would, they say, add to "already unsustainable deficits."

The Federal Reserve is expected to maintain interest rates at 425-450 basis points on January 29, supporting a continued stock market rally. Read more here.

NEW MEXICO (KRQE) –New Mexico fast food burger chain Blake’s Lotaburger is upping the price of menu items that include eggs, due to the national egg shortage. Blake’s Lotaburger said they will be adding a surcharge of $1 starting Jan.

It was no surprise when President Donald Trump this week issued a memorandum to the heads of federal departments and agencies, essentially directing them to get their employees back to the office full-time.

The U.S. jobs market has a “slow leak,” as reflected in the latest weekly data on initial jobless claims, according to Renaissance Macro Research. “The slow leaking higher of unemployment continues,” Neil Dutta,