Market Watch - Mark Martiak

Fri, 02 Jun 2023

Unemployment dropped among Hispanic men and women in May but rose for Black workers

The U.S. unemployment rate rose overall in May, but declined for Latino workers, according to the latest nonfarm payrolls report.

Fri, 02 Jun 2023

Here’s where the jobs are for May 2023 — in one chart

Professional and business services led job creation for the month with 64,000 new hires.

Fri, 02 Jun 2023

Payrolls rose 339,000 in May, much better than expected in resilient labor market

Nonfarm payrolls were expected to increase by 190,000 in May, according to Dow Jones.

Thu, 01 Jun 2023

Here's what to watch out for in Friday's jobs report for May

Economists surveyed by Dow Jones expect job growth in May of 190,000, a decline from the 253,000 in April.

Thu, 01 Jun 2023

Private payrolls rose by 278,000 in May, well ahead of expectations, ADP says

The U.S. labor market posted another month of surprising strength in May as companies added jobs at a pace well above expectations.

Fri, 26 May 2023

Inflation rose 0.4% in April and 4.7% from a year ago, according to key gauge for the Fed

The core personal consumption expenditures price index was expected to increase 0.3% in April, according to a Dow Jones estimate.

Fri, 26 May 2023

A U.S. recession would be 'good news' for markets, strategist says

A U.S. recession may prevent a steep market downturn in the second half of 2023, according to Michael Yoshikami, founder and CEO of Destination Wealth Management.

Thu, 25 May 2023

How the A.I. explosion could save the market and maybe the economy

Whether it's personalized shopping or self-driving cars, AI will become a factor in virtually everyone's lives.

Tue, 23 May 2023

Former Fed Chair Ben Bernanke says there's more work ahead to control inflation

A research paper notes that inflation has evolved since ballooning to a 40-year high in the summer of 2022.

Thu, 18 May 2023

Bank of England governor says the UK is facing a wage-price spiral

Andrew Bailey said second-round effects of wage growth and price setting were "unlikely to go away as quickly as they appeared."

Tue, 16 May 2023

Retail sales rose 0.4% in April, less than expected as consumers struggle with inflation

Excluding auto-related figures, sales increased 0.4%, which was in line with expectations.

Mon, 15 May 2023

Consumer debt passes $17 trillion for the first time despite slide in mortgage demand

The total for borrowing across all categories hit $17.05 trillion, an increase of nearly $150 billion, or 0.9% during the January-to-March period.

Mon, 15 May 2023

Shifting to life post-Covid: How remote work transformed this city in the Midwest

Lansing, Michigan is one example of how downtowns have attempted to move away from office-centric economies.

Fri, 12 May 2023

UK economy grows by 0.1% in the first quarter but inflation continues to weigh

U.K. gross domestic product figures for March showed a 0.1% growth.

Thu, 11 May 2023

Fed Governor Waller casts doubt on need to conduct climate change tests for banks

Waller on Thursday said that conducting special tests for how banks are preparing for such risks probably shouldn't fall under the Fed's purview.

Thu, 11 May 2023

Wholesale prices rose just 0.2% in April, less than estimate as inflation pressures ease

Wholesale prices rose less than expected in April, according to a Labor Department report Thursday.

Thu, 11 May 2023

German minister calls for maturity on U.S. debt ceiling talks: 'We have to avoid further risks'

Time is running out for an agreement, with U.S. Treasury Secretary Janet Yellen warning earlier this month that without a deal, the largest economy in the world could default by June 1.

Thu, 11 May 2023

Yellen says it should be 'unthinkable' for the U.S. to default on its debt

U.S. Treasury Secretary Janet Yellen spoke to reporters ahead of the G-7 finance ministers and central bank governors meetings in Niigata, Japan.

Thu, 11 May 2023

Covid caused huge shortages in the jobs market. It may be easing — but there's another problem ahead

Since the onset of Covid-19, labor shortages have plagued major economies and intensified inflationary pressures, but economists expect this trend to finally abate.

Wed, 10 May 2023

Traders raise the chances for a Fed rate cut following April inflation report

Traders on Wednesday raised the chances of a September interest rate cut to close to 80%.

Wed, 10 May 2023

Inflation rate eases to 4.9% in April, less than expectations

The consumer price index was expected to rise 0.4% in April, according to Dow Jones.

Tue, 09 May 2023

Fed's John Williams says rates could be increased if inflation doesn't come down

The current problems in the banking industry and their impact will factor into Williams' policy outlook.

Mon, 08 May 2023

Worries linger about financial stability following bank rescue, Fed report shows

The Fed last published its Financial Stability Report in November 2022, months before the implosion of several prominent midsize banks.

Mon, 08 May 2023

Fed report shows banks worried about conditions ahead, with focus on slowing economy and deposit outflows

The Senior Loan Officer Opinion survey said requirements got tougher for commercial and industrial loans as well as for many household-debt instruments.

Mon, 08 May 2023

Outlook for household spending slumped in April, New York Fed survey shows

The central bank Survey of Consumer Expectations for April showed that the outlook for spending fell by half a percentage point to an annual rate of 5.2%.

Fri, 05 May 2023

Unemployment rate sinks in April for Black and Hispanic workers, but holds steady for Asians

April's nonfarm payrolls report beat expectations and the unemployment rate declined across the board.

Fri, 05 May 2023

Here's where the jobs are for April 2023 — in one chart

See which sectors gained, and lost, the most jobs in April.

Mon, 08 May 2023

Job growth totals 253,000 in April, beating expectations even as the U.S. economy slows

Nonfarm payrolls were expected to increase by 180,000 in April, according to Dow Jones.

Wed, 03 May 2023

Private payrolls surged by 296,000 in April, much higher than expected, ADP says

Private payrolls growth was above the downwardly revised 142,000 the previous month and well ahead of the Dow Jones estimate for 133,000.

Wed, 03 May 2023

After First Republic's rescue, economists predict further pain with a 'new era' of higher inflation

Turmoil in the banking sector means central banks face in increasingly "delicate dance" in their efforts to rein in inflation, World Economic Forum Managing Director Saadia Zahidi told CNBC.

Tue, 30 May 2023

3 investing tips as the federal debt ceiling 'X-date' approaches

Many investors are bracing for economic fallout as the federal debt ceiling "X-date" deadline approaches. Here's how to invest, according to advisors.

Tue, 30 May 2023

More taxpayers will receive tax forms from apps such as Venmo, PayPal for 2023. Here's how to avoid tax issues

More taxpayers will receive Form 1099-K from apps such as Venmo and PayPal for 2023. Here's how to prepare for next year's taxes.

Tue, 30 May 2023

Women need financial freedom to 'live on their terms,' advisor says. These 3 strategies can help

When it comes to money, women face unique challenges in building wealth. Here's what one advisor says they can do to feel more empowered.

Mon, 22 May 2023

Op-ed: Why cash is king for emergency funds and queen for short-term savings

With interest rates soaring, it's the perfect time for building an emergency fund, which is essential in high- and low-interest rate environments.

Fri, 02 Jun 2023

As investors worry about a recession, take 3 steps to boost your financial security, advisor says

Negative headlines have some Americans fearing the worst for the economy, but there are still ways to improve your financial outlook now, one advisor says.

Tue, 30 May 2023

IRS reveals 2024 health savings account limits. What to know about the 'significant increase,' says advisor

The IRS is providing a sizable increase for the 2024 health savings account contribution limits. Here's what taxpayers need to know.

Tue, 30 May 2023

Op-ed: Your child got accepted to college — now protect their 529 plan savings

Barry Glassman, a certified financial planner and CNBC FA Council member, shares his experience with 529 college savings plans as a financial advisor and a dad.

Wed, 17 May 2023

Americans think gold beats stocks as a long-term investment. Advisors disagree: 'It's more like a speculation'

A Gallup poll found Americans are bullish on gold, which tends to rise in popularity as an investment during periods of fear and economic malaise.

Tue, 30 May 2023

Here's how much emergency savings you need amid economic uncertainty, according to financial advisors

More than half of Americans don’t have an emergency fund, according to a CNBC/Momentive survey. Here's how to figure out how much emergency savings you need.

Tue, 30 May 2023

Changing your portfolio to beat the ‘looming recession boogeyman’ is a mistake, advisor says

If you're worried about an economic recession, here's how to adjust your portfolio, according to financial advisors.

Tue, 30 May 2023

Here's the best time to redeem Series I bonds to maximize your interest

If you want to sell your Series I bonds, it's important to consider the timing of the three-month interest penalty to maximize your earnings.

Tue, 30 May 2023

What the debt ceiling standoff means for money market funds

Money market mutual fund yields have recently become more attractive, but some investors worry about increased risk as the debt ceiling debate intensifies.

Tue, 30 May 2023

Here's what the looming debt ceiling crisis means for your portfolio

Many investors are bracing for the economic fallout of the deadline for the U.S. to raise the debt ceiling or default on its obligations. Here's what to expect.

Tue, 30 May 2023

4 of the best places for cash as the Federal Reserve weighs a pause in interest rate hikes

Here are four of the best options for cash as the Federal Reserve raises interest rates and weighs a future pause.

Tue, 30 May 2023

A recession could hit single women especially hard, says financial advisor. Here's how they can prepare

Inflation and a possible recession can be especially difficult for single women due to the persistence of the gender wage gap. A financial advisor has advice.

Tue, 30 May 2023

3 financial risk areas for consumers to watch ahead of a possible recession

An economic downturn may or may not happen this year, but there are risks consumers would be wise to watch.

Tue, 30 May 2023

How to shift your bond portfolio as the Fed weighs a pause on rate hikes

After another rate hike from the Federal Reserve, financial advisors are weighing changes to bond portfolios. Here's what investors need to know.

Tue, 30 May 2023

Here's how to leverage the 'window of low taxes' for retirement plan withdrawals, advisors say

You may save on lifetime taxes by taking retirement plan withdrawals before a looming tax law change in 2026, according to advisors. Here's what to know.

Tue, 30 May 2023

Mastering this skill is the ‘hardest part’ of personal finance, advisors say

Being a "master of cash flow" is an important foundational step households should consider addressing before they invest.

Wed, 24 May 2023

31% of new crypto buyers influenced by friends. Here’s why that can be 'a horrible idea,' advisor says

A third of new cryptocurrency investors are primarily motivated by friends to make their purchase. It may not always be sage advice, experts warn.

Wed, 24 May 2023

Series I bond rates fall to 4.3% amid cooling inflation

Series I bonds will offer lower returns for the next six months, reflecting cooling inflation.

Wed, 24 May 2023

3 smart ways to prepare for next year’s taxes now

If you had a surprise tax bill this season, it's not too soon to prepare for next year. Here are three smart ways to get ready for your 2023 taxes.

Thu, 27 Apr 2023

Talk about money in your relationship, says financial psychologist: 'It tends to be good for us'

Money remains a taboo subject for many people. Here's why a financial psychologist says it's a key subject to talk about with important people in your life.

Wed, 24 May 2023

As possible Social Security benefits cut looms, GOP senator says lawmakers are working on a 'big idea' fix

As Social Security faces a benefit cliff in the next decade, lawmakers are eyeing a new idea that borrows from private pensions to help shore up its funds.

Wed, 24 May 2023

After-tax 401(k) contributions can be a 'great opportunity’ for big savers, advisor says

If you're eager to boost retirement savings, your 401(k) may offer after-tax contributions. Here's what investors need to know.

Mon, 24 Apr 2023

More states offer personal finance courses, but most students don't have to take the class

As more states add financial education to public high school curricula, there's no guarantee schools will offer a dedicated course or students will take it.

Fri, 28 Apr 2023

10 smart ways to teach kids about money through the years

Here are 10 money lessons that financial experts say may help improve kids' knowledge from an early age through high school graduation and beyond.

Wed, 24 May 2023

Here's the best way to 'protect your money and your legacy,' advisor says

Estate planning can "protect your money and your legacy," according to CFP Lazetta Rainey Braxton, member of CNBC's FA Council. Here's what families need to know.

Wed, 24 May 2023

This free online paycheck withholdings tool may help you avoid a tax bill for 2023, IRS says

If you had a surprise tax bill this filing season or your refund was smaller than expected, it may be a good time to review your paycheck withholdings.

Wed, 24 May 2023

More retirement plans will soon have annuity options amid what one money manager calls 'the silent crisis of financial insecurity'

Money managers are tackling the growing concern that people may outlive their retirement savings.

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