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US ECONOMIC SLOWDOWN JOBS
Strong jobs report fuels Fed rate hike prospects as Trump escalates rate cut pressureA stronger US jobs report has raised expectations of a September Fed rate hike, while Donald Trump has stepped up pressure on the central b...- US stocks today: S&P 500, Dow stocks slip as stronger jobs report lifts rate-hike betsUS stocks slipped after a stronger-than-expected August jobs report boosted bets on a Fed rate hike in September. The S&P 500 and Dow fell,...
- Donald Trump threatens trade halt over high interest rates, demands Fed rate cutPresident Donald Trump stated he would halt trade with deficit nations. He demands the Federal Reserve lower interest rates immediately. Hi...
- US nonfarm payrolls surge in August; unemployment rate steady at 4.1%In August, the U.S. experienced remarkable job growth while unemployment rates held firm, indicating an impressive labor market. This uptic...
- Global Market: European shares edge lower as investors await US jobs dataEuropean shares edged lower on Friday as investors stayed cautious ahead of key U.S. jobs data, while Volkswagen shares jumped 6% after the...
- Strong demand boosts US services sector activity in AugustU.S. services sector activity grew in August, with new orders reaching a 3-1/2-year high. Input prices also increased, suggesting inflation...
- US economic activity rises modestly, inflation pressures persist: Fed Beige BookRecent reports indicate a modest growth in US economic activity alongside slight increases in employment figures. However, moderate price r...
- Global Market: China stocks rebound as investors await US jobs data, domestic economic indicatorsMainland Chinese stocks rebounded after two sessions of losses, with property shares leading gains. Investors remained focused on upcoming ...
- Fed's Williams ties rising bond yields to strong economy, CNBC reportsJohn Williams, the President of the New York Fed, emphasizes the impact of robust economic growth on increasing bond yields. He highlights ...
- Indian firms invest $40 billion in US, support 70,000 jobs: US EmbassyUS Treasury Secretary Scott Bessent met Indian Finance Minister Nirmala Sitharaman recently. This meeting occurred during the G20 Finance M...
- Gold hits over two-week low, US jobs data in focusOn Wednesday, gold prices hit their lowest point in two weeks, driven down by rising Treasury yields and a stronger dollar that made the me...
- Dollar holds firm as Middle East hostilities lift oilThe dollar rose significantly on Wednesday due to climbing oil prices prompted by renewed conflicts in the Middle East, which rattled globa...
- US Treasury bond yields ease from highs after data as Iran war escalation fans inflation concernsU.S. Treasury yields retreated from earlier highs on Tuesday after economic data emerged. The manufacturing PMI fell to 54.6 in August, whi...
- India's factory growth at five-year low in August on weakening demand, PMI showsIndia’s manufacturing growth slowed to a five-year low in August as weak demand dragged new orders and output lower, while factory employme...
- Advertising giant WPP set to axe 1,000 more jobs as AI reshapes the industryBritish advertising group WPP plans to cut up to one thousand more jobs this year. This latest round adds to over eleven thousand job losse...
- US stock market: Bessent dismisses US bond market turmoil concerns, points to economic strengthU.S. Treasury Secretary Scott Bessent reassured markets by minimizing concerns over turbulence and debt. He emphasized that robust economic...
- US Stock Market: Jobs data, Broadcom results to test stock rally near record highsUS stocks are trading near record highs, but the rally faces key tests this week from August jobs data and Broadcom’s quarterly results. In...
- US plans to sanction another bank in effort to clamp down on Iran transactions: Scott BessentUS Treasury Secretary Scott Bessent said the Trump administration will impose sanctions on another bank this week as Washington intensifies...
- U.S. added 79,000 fewer jobs in 12 months through March, BLS saysGovernment data indicates fewer jobs were created over the past year. This revision follows a surprise employment drop reported in July. Jo...
- The number of Americans applying for jobless aid slips to 203,000 as layoffs remain lowJobless claims in the United States have fallen to historic lows. Layoffs are rare, and most Americans currently enjoy job security. The ec...
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