Report: U.S. Job Market Weakens In June
The economy grew by 206,000 jobs in June, but unemployment was above 4% in the same month, according to the Labor Department said on Friday.
The economy grew by 206,000 jobs in June, but unemployment was above 4% in the same month, according to the Labor Department said on Friday.
The Fed is almost certain to hold its benchmark overnight interest rate steady, with investors placing nearly a 100% probability on that outcome.
The number of Americans filing new claims for unemployment benefits unexpectedly fell last week.
The Federal Reserve left interest rates unchanged on Wednesday but took a major step towards lowering them in coming months.
Millions of “gig” workers may get missed every month in the U.S. government’s employment report.
Regulators and traders were trying to gauge the impact of a ransomware attack on the Industrial and Commercial Bank of China.
Wall Street’s main indexes inched higher on Wednesday as investors parsed earnings reports and comments from Federal Reserve officials.
S&P 500 and Nasdaq extend gains as U.S. Treasury yields retreat on Fed’s rate hike stance.
Oil prices plummet over 4% due to demand concerns and a strong dollar.
Relentless selling of U.S. government bonds has brought Treasury yields to their highest level in more than a decade and a half.