jobs report
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Business
Inflation rose 2.4% last month — higher than expected
Inflation came in hotter than expected last month — dimming hopes for another big interest rate cut from the Federal…
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Business
Fed minutes show big rate cut favored by ‘substantial majority’
A “substantial majority” of Federal Reserve officials at the central bank’s September meeting supported beginning an era of easier monetary…
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Business
Fed made ‘mistake’ slashing rates by half a point: Larry Summers
Former US Treasury Secretary Larry Summers says September’s better-than-expected jobs report shows the Federal Reserve’s half-point rate cut was “a mistake.” Following…
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Business
Dow jumps over 300 points to close at all-time high
The Dow closed at an all-time high Friday as a stronger-than-expected jobs report reassured investors who had worried the economy…
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Business
US economy added 254K jobs last month — blowing past forecasts
The economy added a whopping 254,000 jobs last month — blowing past forecasts that predicted a modest rise and diminishing…
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Business
Jobless claims rise slightly to 230K as employment market continues to cool
The number of Americans filing new applications for unemployment benefits last week rose slightly to 230,000, matching economists’ expectations as…
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Business
US labor market added 142,000 jobs in August, fewer than expected
The American labor market weakened last month as employers added just 142,000 jobs in August — well below analyst estimates…
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Business
GOP senators demand answers after grim revision says US added 818K fewer jobs
A group of Republican senators is demanding answers into how President Biden’s Department of Labor severely overestimated the number of…
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Business
Wall Street analysts blast feds over botched release of jobs revision report
Wall Street analysts ripped the federal government after it issued the largest downward revision of jobs data in 15 years…
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Business
Bloodbath on Wall Street as Dow, Nasdaq futures plunge amid recession fears
Wall Street’s main indexes nosedived on Monday, as fears of the United States tipping into recession following weak economic data…
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