as markets on Friday reflected a greater chance of the Federal Reserve pausing interest-rate cuts at least until May. The Dow DJIA dropped almost 700 points Friday, booking a back-to-back weekly ...
Copyright 2025 The Associated Press. All Rights Reserved. U.S. President Joe Biden lauded his record on the economy Friday, 10 days before his administration comes to ...
WASHINGTON — U.S. job growth surged and unemployment fell last month, an unexpected show of strength that may prove costly to homebuyers and businesses who were counting on sharply lower ...
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But manufacturers cut 13,000 jobs. U.S. markets tumbled immediately on the release of the December jobs number because the odds that the Federal Reserve will slow its plans to cut interest rates ...
U.S. job growth surged with 256,000 jobs added in December, surpassing expectations and lowering unemployment to 4.1%. Strong job market may delay interest rate cuts, potentially impacting homebuyers ...
As a result, the Federal Reserve could me much less likely to cut borrowing costs again in the coming months. The Fed cut its rate three times last year in part out of concern that hiring and growth ...
Surging job market could prove costly for households, businesses as odds of quick rate cuts fade 7 Hours ago No. 11 Ohio State's power play overpowers No. 3 Gophers in men’s hockey ...