“Lots of good things happen” in addition to real wage increases when a good labour market lasts for a sustained period of time, Powell said Monday. There are expanded efforts to get more people into the workforce, for example, like programmes that prepare prisoners for work a year before they are released.
Dow ends 400 points higher as investors buy AI stocks; Microsoft rallies
Wall Street experienced gains on Friday, driven by positive performance from Microsoft and AI-related technology stocks. High oil prices and rising US Treasury yields created