Jobs Data, Fed
Weaker US jobs data brings some relief to Fed
Federal Reserve officials, buffeted in recent months by concerns the economy might again overheat, got relief on Friday when jobs data for April showed a marked cooling in wage growth and a pace of hiring in line with levels seen before the COVID-19 pandemic.
The dollar index (DXY00) this morning is down by -0.28% and fell to a 3-week low. The dollar sank today as T-note yields retreated on the weaker-than-expected US Apr unemployment report and Apr ISM ...
U.S. drugmaker Regeneron Pharmaceuticals Inc missed Wall Street estimates for first-quarter profit on Thursday due to softer ...
A weaker jobs report would be a stagflation signal, raising odds of a sell-off in the stock market, said BofA Strategist Michael Hartnett. This morning, the U.S. released its jobs report. Total ...
The storms expected to move through NE Kansas overnight and into tomorrow morning will be considerably weaker, with ...
Norway’s first-quarter earnings from its oil and gas fields plunged by almost half from a year earlier as natural gas prices tumbled.
The unemployment crept up to 3.9% and average hourly earnings came in slightly weaker than expected, up 0.2%. The numbers seem to bolster a case for a rate cut later in the year. According to the ...
The United States added 192,000 private sector jobs in April, according to a Wednesday report from payroll company ADP.
Bloomberg L.P. on MSN1d
Weaker-Than-Forecast Remittances Cloud Mexico’s Growth OutlookMexicans abroad sent home less money than expected in March in another blow to the cooling economy. Total remittances fell to $5.02 billion, down 3% from a year earlier, the central bank said Thursday ...
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