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On Friday, the September jobs report is expected to show 130,000 nonfarm payroll jobs were added to the US economy with unemployment holding steady at 4.2%, according to data from Bloomberg.
US stocks have been slumping heading into the first full-on week of 2025.. In the past five trading sessions, the S&P 500 is down more than 1.5%, while the Nasdaq Composite is off nearly 2% ...
"We had some macro news but somewhat mixed and you know we have a very strong dollar today," said Peter Cardillo, chief market economist at Spartan Capital Securities in New York. A report from ...
Business and economy 2025 Balkan retail boycotts Following boycotts in Croatia on January 24, and in conjunction with a follow-up boycott in the country, residents of Bosnia and Herzegovina , Serbia , Montenegro , and North Macedonia start a boycott of retail stores in response to rising prices.
Economic News Biden's decision to block Nippon Steel takeover creates uncertainty for U.S. Steel workers By blocking a Japanese company’s takeover of U.S. Steel, President Joe Biden says he is protecting good jobs in the American heartland
This followed reports of weekly initial claims for unemployment insurance that increased from a typical level of around 200,000 per week through early March, to 3.3 million the week of March 21, a peak of 6.9 million (March 28), and declines each week thereafter to 3.0 million the week of May 9.
The S&P 500 posted 2 new 52-week highs and 11 new lows while the Nasdaq Composite recorded 49 new highs and 25 new lows. (Reporting by Johann M Cherian and Pranav Kashyap in Bengaluru; Editing by ...
The Joint Economic Committee (JEC) is one of four standing joint committees of the U.S. Congress. The committee was established as a part of the Employment Act of 1946 , which deemed the committee responsible for reporting the current economic condition of the United States and for making suggestions for improvement to the economy.