US Jobs Rise 115,000 in Strongest Two-Month Gain Since 2024

Published on May 8, 2026

US employers added more jobs than expected for a second month and the unemployment rate held steady in April, indicating the labor market is holding up despite rising energy costs sparked by the Iran war.

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Michigan Consumer Sentiment: Falls Further to Another Record Low

May 8, 2026
Consumer sentiment inched down further this month, hitting another record low. The preliminary May reading for the Michigan Consumer Sentiment Index came in at 48.2, a 1.6-point drop from April's final print and below the projected 49.7 reading.

US Stocks Near Record High on Payrolls Beat, Gaining Chip Stocks

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US stocks were on track for a record closing high, buoyed by semiconductor stocks, strong monthly payrolls figures and a US-Iran ceasefire that appeared intact even with overnight clashes near the Strait of Hormuz.