This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. It’s a big week for labor market data. …
labor
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Regulation
Goldman Sachs’ Vice Chair Says Labor Market Even Weaker Than Figures Suggest, Predicts When the Fed Could Announce a Rate Cut
by shayaanby shayaanGoldman Sachs Vice Chairman Robert Kaplan believes that the US labor market is even worse than the job data shows. Kaplan, the …
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In a live reaction to the Federal Reserve’s Beige Book release Wednesday afternoon, Bloomberg’s Federal Reserve and economics reporter Catarina Saraiva highlighted …
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The US Department of Labor (DOL) formally rescinded a 2022 compliance release that discouraged fiduciaries from offering crypto investment options in 401(k) retirement …
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Regulation
U.S. Labor Department Picks Up Crypto Torch, Throws Out Previous Warnings
by shayaanby shayaanThe U.S. Department of Labor is reversing its earlier caution about including crypto investments in people’s retirement savings, arguing that issuing warnings …
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Finance
Trump Urges Rate Cuts Amid Positive Labor Market Signs – Bullish for Crypto?
by shayaanby shayaanPresident Trump is again urging lower interest rates after bullish US employment data. Some analysts are hopeful that new rate cuts will …
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Regulation
US Judge denies requests to block Elon Musk’s D.O.G.E from the labor department
by shayaanby shayaanA federal judge in Washington, D.C., has refused to block Elon Musk’s Department of Government Efficiency (D.O.G.E) from accessing US Department of …