jobs

Big U.S. jobs gains give Fed 'much more work to do' to get inflation under control

Big U.S. jobs gains give Fed ‘much more work to do’ to get inflation under control

The Federal Reserve will face more urgency in its fight to cool the US economy with sharp interest rate hikes after the latest batch of labor market data showed an unexpected acceleration in earnings. jobs and strong wage growth. Figures released on Friday allayed fears that the US economy is either slowing sharply or already …

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US government bonds and stocks fall after hot jobs report

US government bonds and stocks fall after hot jobs report

U.S. government bonds and stocks sold off after employment data showed scorching labor conditions, leading traders to bolster expectations for Federal Reserve interest rate hikes. Treasury yields rose after the closely watched US jobs report showed employers added 528,000 jobs in July, more than double the 250,000 expected by economists and up sharply compared to …

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Wall Street ends mixed as investors watch jobs data

Wall Street ends mixed as investors watch jobs data

Indices: Dow slips 0.26%, S&P 0.08%, Nasdaq up 0.41% Energy stocks fall as oil slumps to pre-war level in Ukraine Eyes on Friday’s nonfarm payrolls report Aug 4 (Reuters) – Wall Street’s major indices ended a lackluster session on Thursday as gains in high-growth stocks offset losses in energy stocks as investors awaited the monthly …

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