Job growth totals 114,000 in July, much less than expected, as unemployment rate rises to 4.3%

Job growth in the U.S. slowed much more than expected during July and the unemployment rate ticked higher, the Labor Department reported Friday.Nonfarm payrolls grew by just 114,000 for the month, down from the downwardly revised 179,000 in June and below the Dow Jones estimate for 185,000. The unemployment...

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‘What is it they’re looking for?’

Federal Reserve Chairman Jerome Powell arrives to speak at a news conference following a Federal Open Market Committee meeting at the William McChesney Martin Jr. Federal Reserve Board Building on July 31, 2024 in Washington, DC. Andrew Harnik | Getty ImagesIf the Federal Reserve is starting to set the table...

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Euro zone GDP Q2 2024

The MSC China is being seen at the dock in Antwerp, Belgium, on July 18, 2024. The Mediterranean Shipping Company (MSC) is an international shipping line founded by Gianluigi Aponte in Italy in 1970.Jonathan Raa | Nurphoto | Getty ImagesThe euro zone's economy grew by more than expected in...

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PCE inflation June 2024:

People shop at a grocery store in Brooklyn on July 11, 2024 in New York City.Spencer Platt | Getty ImagesAn important gauge for the Federal Reserve showed inflation eased slightly from a year ago in June, helping to open the way for a widely anticipated September interest rate cut.The...

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