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A Labor Department report shows that the U.S. economy added 155,000 jobs in November, down from 250,000 the prior month. Analysts had predicted gains of 195,000. The report comes amid heightened speculation that the economy is slowing.
Recent economic indicators have spurred speculation among traders that the economic stimulus from President Donald Trump's $1.5 trillion of tax cuts might already be fading. A report this week on U.S. jobs growth in November could provide additional evidence.
Still, the agreement has eased immediate fears, which were undoubtedly unsettling investors in Asia.
You don't need a college degree to get a good job at good wages. These 25 jobs tell the tale.
A study of analyst recommendations at the major brokerages shows that Terex Corp. is the #91 broker analyst pick among those stocks screened by The Online Investor for strong stock buyback activity.
A day after Federal Reserve Chairman Jerome Powell said in a speech in New York that interest rates were now "just below" a neutral level, minutes from the central bank's meeting earlier this month show that officials discussed revising a pledge for "further gradual" rate hikes.
Federal Reserve Chairman Jerome Powell said in a speech in New York that interest rates were now "just below" a neutral level, sending U.S. stock markets soaring. Some economists say traders may have overreacted to a "semantic" shift in verbiage.
Federal Reserve Chairman Jerome Powell said in a speech in New York that there are currently no "dangerous excesses" in the stock market that might threaten the financial system.
Richard Clarida, the Fed's vice chairman, emphasized the need for "data dependence" in a speech on Tuesday, Nov. 27, focusing on economic growth, inflation and the unemployment rate.
Traders in futures markets now see a 34% chance of that the Federal Reserve will raise U.S. interest rates two times by next March, down from 49% just a month ago, FactSet data show.
President Donald Trump's tax cuts have increased the national debt, and now the bill is coming due: The U.S. government's interest costs surged 20% during the last fiscal year and are projected to nearly double over the next five years, eclipsing the budget for military spending.
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The Federal Reserve's monetary-policy committee keeps benchmark U.S. interest rate in its current range of 2% to 2.25% ... at least through next month.
The Labor Department says the U.S. economy added 250,000 jobs in October. The unemployment rate holds steady at 3.7%, the lowest since the first year of Richard Nixon's presidency in 1969.
A report due out Friday, Nov. 2, from the Labor Department is expected to show that non-farm payrolls rose by 190,000 jobs in October, based on a survey by the data provider FactSet. And the unemployment rate probably held steady in October at 3.7%, the lowest since the first year of Richard Nixon's presidency in 1969.