The U.S. labor market ended 2024 on a high note, with employers adding 256,000 jobs in December. This exceeded expectations and reflected confidence in economic stability. The unemployment rate dropped to 4.
Wall Street's fear gauge hit a three-week high on Friday. A Labor Department report showed job growth unexpectedly accelerated in December while the unemployment rate fell to 4.1% as the labor market ended the year on a strong note. A hotter-than-expected ...
U.S. stock indexes held firmer and finished mixed a day after strong reports on the economy stirred up worries that inflation and interest rates may remain higher than expected.
The S&P 500 and the Dow Jones Industrial Average were down Wednesday morning while the Nasdaq composite was slightly up.
Wall Street wiped out its entire post-election rally this week as mounting interest-rate fears were stoked by a red-hot labor market, surging inflation expectations and escalating geopolitical tensions ahead of Donald Trump‘s return to the White House.
Jobs data for December will add to ongoing mixed signals in the U.S. labor market. Analysts surveyed by Dow Jones expect 155,000 jobs added on the month, down from 227,000 in November, with the unemployment rate expected to have remained unchanged at 4.
Jan. 10 (UPI) --The U.S. economy created 256,000 jobs in December, much stronger than what was predicted by Wall Street experts and more than 40,000 from the previous month, the Labor Department ...
U.S. stocks were muted on Wednesday, as uncertainty prevailed on Wall Street after the release of two conflicting sets of jobs data and a report that said President-elect Donald Trump was mulling a national economic emergency declaration.
Wall Street's main indexes soared on Wednesday, with the benchmark S&P 500 touching a one-week high, driven by lower-than-expected December core inflation data and robust quarterly earnings from major U.
In early executive actions, President Trump moved to order government workers back to the office full-time and watered down job protections.
U.S. stocks rose after more companies said they made bigger profits at the end of last year than analysts expected and as Treasury yields eased.
Echoing false and misleading claims he has previously made, Trump misleadingly suggested that the Federal Emergency Management Agency had taken little or no action following Hurricane Helene’s devastation.