Ameriprise Tumbles: Job Market Jitters
Update: 2025-09-05
Description
Was August's dismal jobs report the canary in the coal mine for the economy? Ameriprise Financial took a hit, plummeting over four percent after the US added a shockingly low 22,000 jobs and unemployment spiked. Investors fear the Fed is behind the curve as hopes for rate cuts clash with worries of a rapidly cooling labor market. Is this a blip for Ameriprise, or a sign of deeper economic troubles ahead?
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