This is the daily notebook of Mike Santoli, CNBC’s senior markets commentator, with ideas about trends, stocks and market statistics.
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U.K. bond yields spike as Bank of England hikes and ECB stands patU.K. bond yields spiked higher while Germany's edged higher as the Bank of England responded to above 5% inflation with an interest rate hike while the...
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Amazon helps stocks steady but prospects for rate hikes loom over marketsAsian equity markets fought for a footing on Friday, supported by an Amazon-led bounce in U.S futures, but oil's rise to a seven-year high kept traders on edge over prospects that interest rates will rise to curb global inflationary pressures.
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U.S. Added Back 467,000 New Jobs In January—But Unemployment Rate Ticked Up To 4%Despite a record wave of Covid-19 cases, the job market performed much better than economists expected in January.
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The Fed’s five rate hikes ‘too much for market to bear,’ Ex-Treasury economist saysFormer Treasury Department economist David Beckworth argues against multiple rate hikes in an economy that's already slowing.
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US job growth beats expectations in January; unemployment rate at 4.0%The U.S. economy created far more jobs than expected in January even as raging COVID-19 infections disrupted activity at consumer-facing businesses, pointing to underlying strength in the labor market.
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January Jobs Report Could Show Omicron Caused First Steep Decline in Payrolls in More Than a YearThe sudden slam to the economy from the omicron Covid variant could show up in January’s employment report as the first big loss of jobs since late 2020.
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