Searched for
JOBLESS RATE
US employers add 165,000 jobs in October, but worrying joblessness trends remain: Here's what the latest numbers mean for youUS employers added 165,000 jobs in October, resulting in a decrease in the unemployment rate to 4.1 percent. Average hourly earnings saw a ...
Charting the global economy: Job growth in US tops all forecastsUS employment rose significantly last month, with the jobless rate declining to 4.1%, indicating robust economic activity. Labor productivi...
Dollar holds, yen gains as equity rout saps risk appetite ahead of payrollsThe dollar maintained its ground against key currencies as traders flocked to safe havens following a volatile market downturn. Concerns mo...
US yields fall in choppy session as oil rises and equities sinkAs geopolitical tensions change the landscape, US Treasuries are witnessing a spike in demand while equity markets take a hit and oil price...
US weekly jobless claims at 57-year lows amid low layoffsInitial claims for state unemployment benefits fell 6,000 to a seasonally adjusted 189,000 for the week ended October 31, the Labor Departm...
Gold rises after biggest daily gain since August, with US payrolls in focusOn Thursday, gold prices increased partially due to a declining US dollar, building on a strong daily surge prior. Spot gold's elevation fo...
Global Market Today: Asian stocks slide as US chip selloff deepensThe MSCI Asia Pacific gauge dropped 0.4% with South Korea’s Kospi Index sliding almost 3%. In the US, a gauge of chipmakers extended a thre...
US weekly unemployment claims hover near 57-year lowsInitial unemployment claims in the United States have decreased slightly to 194,000 for the week ending October 24. Labour market condition...
Gold dips on firmer dollar; US inflation data in focusGold prices experienced a decline as the dollar strengthened following the Federal Reserve's decision to hold interest rates steady. Market...
US Fed Chairman Kevin Warsh just telegraphed more rate hikes without saying itWarsh used his assessment of a strong economy and warnings over persistent inflation to signal the Fed’s job is not yet done. The message r...
Currency markets subdued ahead of pivotal central bank weekAs the week kicks off, major currencies hover in narrow trading bands amidst pivotal central bank meetings. Oil prices experienced a declin...
Charting the global economy: Euro area business activity coolsThe euro area’s private sector slowed more than expected in October, weighed down by France as the region’s No. 2 economy grapples with fis...
US bond market down: Why are 10-year, 30-year, 2-year treasury yield notes are falling? Check latest predictionsUS bond Yields have dropped in recent days, as concerns about a slowdown in AI spending and its impact on economic growth have overshadowed...
US stocks today: US stocks slide as AI spending jitters hit Nasdaq, oil prices reboundUS stocks opened lower on Thursday as renewed concerns over the outlook for artificial intelligence weighed on growth stocks. Tesla and Met...
Westpac's latest job cuts not AI-driven, spokesperson saysWestpac is set to eliminate approximately 140 positions as part of a restructuring effort. The Finance Sector Union highlights that the ban...
Gold eases as investors await Fed signals on rate pathGold prices saw a decline as investors shift attention to the looming Federal Reserve policy meeting regarding interest rates. Spot gold pr...
Software majors delete 24,000 jobs across IT and engineering in a yearOver the last one year, Tata Consultancy Services (TCS), Infosys, HCLTech, Wipro, Tech Mahindra and LTIMindtree collectively recorded 92,00...
USD rate: Why is US Dollar down from 18-month peak?USD rate: Government bonds rallied and the dollar pulled back, reflecting cautious remarks from Federal Reserve officials that further cool...
The number of Americans filing for jobless aid remain at historically low levels below 200,000U.S. unemployment benefits applications slightly increased, with initial claims rising to 199,000 for the past week. Despite the increase, ...
Gold steadies after hitting one-week lowGold prices have stabilized after recently dipping to a one-week low, now sitting at $4,114.57 per ounce. This slight recovery follows an u...