After a lot of pushback from employers and retirement industry organizations on a key SECURE 2.0 catch-up contribution change for higher-income employees, the IRS announced an "administrative transition period."

In his Jackson Hole speech, Powell noted that the Fed is making progress in slowing price gains but stressed that its job fighting inflation isn't done.

The number of workers on payrolls will likely be revised down by about 306,000 for the first quarter of 2023, from jobs numbers that originally suggested 343,000 new jobs added each month.