The economy added 175,000 jobs last month, a slowdown in hiring. The unemployment rate ticked up to 3.9 percent.
The US economy underperformed expectations as it added only 175,000 nonfarm payroll jobs in the month of April as the Federal ...
U.S. nonfarm payrolls increased by 175,000 last month, the Bureau of Labor Statistics said Friday, or the smallest gain in six months. Economists were looking for the addition of about 240,000 jobs.
Rolling coverage of the latest economic and financial news. FTSE 100 hits record high 09:33 Boom! Britain’s FTSE ...
Fed officials are watching labor trends as they contemplate when to cut rates. But different measures are telling different ...
When inflation is high, the Federal Reserve raises the federal funds rate with the goal of cooling off spending. The federal funds rate is the amount banks charge one another for overnight loans. When ...
WASHINGTON (Reuters) - U.S. labor costs increased more than expected in the first quarter amid a rise in wages and benefits, confirming the surge in inflation early in the year that will likely ...
U.S. economic growth likely slowed to a still-solid pace in the first quarter while inflation accelerated, reinforcing ...
US private sector activities slowed in April, with PMI at a 4-month low. Prices for goods and services rose at a slower pace, ...
Hong Kong stocks led a surge in Asian markets as China’s stepped-up efforts to boost the economy. The Hang Seng Index climbed as much as 2.2pc to put it on track for a ninth consecutive day of gains, ...
"The US economic upturn lost momentum at the start of the second quarter," says S&P Global Market Intelligence's chief business economist. "Further pace may be lost in the coming months.