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DEPARTMENT OF LABOR
US consumer prices increase as expected in JulyU.S. consumer prices saw a slight increase in July, which could impact Federal Reserve rate decisions. Core inflation also gained marginall...
US July CPI seen rising moderately, Fed rate outlook in focusUS consumer prices are expected to have risen modestly in July, potentially easing market expectations of a Federal Reserve rate hike this ...
Indian bonds steady as soft US data offsets oil riseIndian government bonds were largely steady on Monday as softer US jobs data supported expectations of lower US rates, while rising crude p...
Will Nifty, Sensex extend losses on Monday? Middle East tensions, Q1 results and 3 other factors to steer D-St this weekIndian stock markets ended lower as benchmark indices Sensex and Nifty diverged. Investors face crucial triggers next week, including over ...
US Treasury yields fall as jobs report dashes hike betsU.S. Treasury yields saw a drop on Friday following an unexpected decline in July's job numbers. Traders subsequently lowered their predict...
Dollar drops as weak US jobs data pushes out Fed hike expectationsThe US dollar lost ground against key currencies due to unexpected job losses in July, raising fears about economic stability. As a result,...
Gold prices jump 7% to log best weekly gain in 8 months. Start of another yellow metal bull run?Gold prices surged 7% this week, marking their strongest weekly gain in eight months as falling crude prices, weak US jobs data and resilie...
US stocks: S&P closes at record high as soft jobs report eases rate-hike concernsThe US stock market enjoyed a significant boost on Friday as the S&P closed at an all-time high. The unexpected rise in job losses led to r...
Gold hits seven-week high as weak U.S. jobs data dents rate hike betsGold prices reached a seven-week high on Friday owing to surprising job losses in the United States that lowered the likelihood of upcoming...
US stocks: US stocks rise as surprise payrolls decline cools rate-hike fearsUS stock markets opened higher on Friday after unexpected job losses. The S&P 500 and Nasdaq saw gains at the opening bell. This economic d...
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 ...
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, ...
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...
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...
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...
H-1B visa extensions could soon come with a hefty new price tag under new Trump planThe Trump administration is preparing to expand an existing fee on H-1B and L-1 visas by applying it to extension petitions, not just new a...
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...
H-1B visa: US updates list of employers barred from program; 4 companies named as willful violatorsThe US Department of Labor has updated its H-1B debarment list, naming four employers as willful violators of visa rules. The companies are...