September's 245,000 new jobs topped consensus forecasts by about 100,000. This means the Fed can probably slow the pace of rate cuts, economists said.

The Federal Reserve’s monetary-easing campaign for 2024 may already be over as the strong labor report Friday underscores the stubborn resilience of the world’s largest economy, according to Wall Street veteran Ed Yardeni.

Something unexpected is happening on the road to the much-hoped-for soft landing in the U.S.: The growing possibility of an economic reacceleration, which is helping to push the policy-sensitive 2-year Treasury yield toward its biggest weekly advance in years.

They don’t really need to be in a rush right now,” Elyse Ausenbaugh, head of investment strategy at J.P. Morgan Wealth Management, told Fortune.

Promotions on CDs already aren't as good as they were in January, but some attractive yields of 4% or higher remain on one-year CDs.

U.S. exchange-traded funds (ETFs) that invest in dividend-paying stocks have enjoyed a rush of inflows since the Federal Reserve kicked off its rate cutting cycle last month, though a jump in U.S. Treasury yields could slow the deluge of investor funds.

High-yield savings account rates are high right now. But if the Fed cuts rates in November, how much could your rate decrease, and how much money will you miss out on in interest?

A surge in U.S. job growth has financial markets betting the Federal Reserve will follow last month's half-point interest rate reduction with smaller moves, and ignited a debate over whether the policy rate ends up at a higher level than previously expected.

The jobs report from the Bureau of Labor Statistics for September was considerably stronger than expected. Economists had been predicting payroll growth of 140-150,000 jobs; instead, payrolls rose by 254,