Hopes Rise on Debt Ceiling Deal, Prompting Another Positive Day on Wall Street
Brian Jacobsen, chief economist with Annex Wealth Management, joined Cheddar News to discuss the positive sessions for the stock market as investors were optimistic of a debt ceiling deal ahead of the June 1 deadline.
More Americans filed for jobless benefits last week, but layoffs remain historically low despite the Federal Reserve’s aggressive interest rate policy intended to cool the economy and bring down inflation.