NEW YORK (Reuters) - Investors are grappling with the market implications of a possible Kamala Harris presidential administration, which could pressure corporate profits through higher taxes while weighing on consumer staples and boosting solar energy. Harris' nomination is in focus this week at the Democratic convention after her late entry following President Joe Biden's withdrawal tightened the race against Republican...

The BLS data is expected to show job growth in the year to March 2024 was significantly weaker than initial estimates, according crypto firm SignalPlus and Morgan Stanley ( MS ).Goldman Sachs ( GS ) believes the data could overstate weakness.Wednesday could be busy for financial markets, including cryptocurrencies, as lesser-tracked U.S. data is expected to provide a grim picture...

NEW YORK (Reuters) - Investors are grappling with the market implications of a possible Kamala Harris presidential administration, which could pressure corporate profits through higher taxes while weighing on consumer staples and boosting solar energy. Harris' nomination is in focus this week at the Democratic convention after her late entry following President Joe Biden's withdrawal tightened the race against Republican...

Key takeaways The current annual inflation rate is 2.9%, the lowest since March 2021. Prices are still 20.9% more expensive since the pandemic-induced recession began in February 2020, with just 6% of the nearly 400 items the Bureau of Labor Statistics tracks cheaper today. With inflation nearing the Federal Reserve's 2 percent target and the job market slowing, officials look...