Wall Street Expected to Shed 200,000 Jobs

Wall Street ends lower as blowout job data spooks traders
U.S. stocks sold off on Friday, with the S&P 500 erasing its 2025 gains, after an upbeat jobs report stoked fresh inflation fears, reinforcing bets that the Federal Reserve will be cautious in cutting interest rates this year.
December jobs report has Wall Street starting to talk about rate hikes in 2025
A hot December jobs report has many strategists confident the Federal Reserve will hold off on further interest rate cuts for now. And some on Wall Street think this report may have even cracked the door open for the Fed to consider rate hikes in 2025.
Blowout Jobs Report Fuels Wall Street Fear of ‘Lose-Lose’ Market
It wasn’t supposed to be this way. With the economy booming, a friendly Federal Reserve at its back and Donald Trump headed to the White House, Wall Street saw nothing but upside as the calendar turned.
200,000 Wall Street Jobs May Be Slashed By Artificial Intelligence
The financial services sector is facing disruption as AI technologies threaten to displace a considerable share of its workforce.
The U.S. jobs report is coming up. Wall Street is not betting on a big one.
The December jobs report is expected to show a softening labor market, but nothing to get alarmed about. Wall Street forecasters predict the U.S. created a modest 155,000 new jobs in the final month o
Wall Street Sees Risks for Stocks in the Jobs Report
How important are rate cuts to the bull case on equities? It's a pressing question for investors in risky assets, who've lately struggled to ignore the bond market's agitated reaction to inflation risk.
Wall Street job losses may top 200K as AI replaces roles
But AI will not eliminate them fully, rather it will lead to workforce transformation.” Nearly a quarter of the 93 respondents predict a steeper decline of between 5% and 10% of total headcount. The peer group covered by BI includes Citigroup,
200,000 people to lose jobs? Back office, operational roles at Wall Street at risk as AI takes over
The rise of artificial intelligence is anticipated to eliminate 200,000 jobs at Wall Street banks in the coming years, particularly in back office positions.
Wall Street Expected to Shed 200,000 Jobs as AI Erodes Roles
Global banks are expected to cut as many as 200,000 jobs in the next three to five years as artificial intelligence encroaches on tasks currently carried out by human workers, according to Bloomberg Intelligence.
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Stock futures slide as Wall Street braces for Friday's jobs report: Live updates
The moves come as Wall Street is gearing up for December's nonfarm payrolls reading, which is scheduled to come out at 8:30 a ...
US Stocks Tumble From Jobs Report and Ongoing Inflation Fears
The S&P 500 dipped 0.8 percent, the Dow Jones dropped 267 points and the Nasdaq composite was down 1.1 percent Friday morning.
BofA bets on a potential Fed rate hike after jobs report, top Wall-St brokers revise forecasts
Top Wall-Street brokerages revised their Fed rate cut forecasts, after a blow-out U.S. jobs report on Friday, with BofA ...
The high and low Wall Street forecasts
Citigroup lands in a familiar place with the gloomiest of the Wall Street forecasts for jobs: it's forecasting 120,000 jobs, the unemployment rate to rise to 4.4% and a 0.2% rise in average hourly ...
Wall Street Economists Lose Faith in Fed Rate Cuts on Jobs Data
Economists at Bank of America Corp., Citigroup Inc. and Goldman Sachs Group Inc. pared back their forecasts for additional ...
Wall Street 'fear gauge' at 3-week high as stocks sink
Wall Street's most watched gauge of investor anxiety rose to a three-week high on Friday as stock indexes sold off following ...
U.S. added 256,000 jobs in December, unemployment down 0.1 percent
The U.S. added 256,000 jobs in December, the Bureau of Labor Statistics reported Friday. The number may give the Federal ...
Global Stock Markets Mixed as Wall Street Closed to Honor Jimmy Carter
Global stock markets were mixed on Thursday as Wall Street remained closed to honor the late former President Jimmy Carter.