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US LABOR MARKET REPORT
US unemployment rate eases to 4.1%; employers cut 23,000 jobs in JulyThe United States economy unexpectedly lost jobs in July, which may affect Federal Reserve decisions. Nonfarm payrolls decreased by 23,000 ...
Rupee nudges up on-week; traders stay cautious as oil firms, US payrolls loomThe Indian rupee maintained stability on Friday, showing a small improvement over the week. The central bank's intervention helped alleviat...
Gold heads for strongest week since January, US payrolls data in focusGold prices found stability on Friday, approaching their most significant weekly increase since January. Soothing concerns over inflation, ...
Global Market Today: Asian shares mixed as investors await US jobs dataTreasury futures inched lower in early Asian trading as higher energy prices revived concerns that the Federal Reserve may need to keep int...
US filings for jobless benefits rise to 199,000 last week, but layoffs remain historically lowU.S. jobless aid applications increased by one thousand last week. Filings for unemployment benefits reached one hundred ninety-nine thousa...
US productivity rises faster than expected in second quarterUS worker productivity saw a stronger than anticipated 1.4% rise last quarter. This growth follows a revised 0.8% increase in the prior per...
Global Market Today: Asian stocks drop as AI rally pauses, oil dipsAsian markets experienced a dip on Thursday as Wall Street's recent tech surge showed signs of slowing down. Crude oil prices also fell sli...
US stocks: Dow closes at record on Mideast optimism; SpaceX, AMD drag NasdaqThe Dow Jones Industrial Average achieved an all-time high on Wednesday, driven by rising optimism over potential peace talks with Iran. Me...
'US Cos Add 44k Jobs in July'American businesses added fewer jobs in July than experts had predicted, with private payrolls up by just 44,000— the weakest increase this...
US service sector maintains strong growth pace in JulyThe Institute for Supply Management said on Wednesday its nonmanufacturing purchasing managers index inched up to 54.1 last month from 54.0...
China announces countermeasures against Washington, including controls on drones exports to the USChina has announced a fresh set of economic countermeasures against the US, including export controls on drones and sanctions on six Americ...
States may get power to sponsor worker visas in the US under new bipartisan billPilot programme would allow states to address labour shortages while Washington retains control over security checks and immigration enforc...
Gold ticks up on softer dollar, focus on US jobs dataOn Wednesday, gold prices experienced a modest uptick as the dollar lost strength. Investors are keenly anticipating important US jobs data...
US stocks: S&P 500, Dow hit record highs on strong AI-linked earnings, Mideast deal hopesWall Street's S&P 500 index reached a new intraday record high on Tuesday. Upbeat artificial intelligence forecasts from Caterpillar and Pa...
Group of 25 Democratic US states sue to challenge Trump's latest tariffs affecting India & 59 other nationsTwenty-five states have filed a lawsuit against the Trump administration's latest tariffs. They argue the president's actions exceed his le...
US stocks: Dow closes at record high on Iran talks optimismUS stocks opened August with strong gains, pushing the Dow Industrials to a record closing high. Easing oil prices and Treasury yields supp...
US stocks: US market starts the month strong as Mideast deal hopes riseMajor US stock indexes opened higher on Monday. De-escalating Middle East tensions helped drag down crude oil prices. Investors are now pre...
US Treasury undertakes intervention in yen market, FT reportsThe United States Treasury intervened in yen exchange rates on Friday. This action supported the Japanese currency through outright purchas...
US weekly jobless claims increase less than expectedThe increase partially unwound the prior week's decline, which had pushed claims to the lowest level of claims since late 1969. Claims tend...
Up to 12 pc of non-agri jobs at risk of substitution due to Gen AI: ReportIn a special report, Wall Street brokerage Goldman Sachs said the labour market impacts of gen-AI are expected to be "uneven" and it looks ...