Traders work on the floor of the New York Stock Exchange during afternoon trading on June 03, 2024 in New York City. Michael M. Santiago | Getty ImagesMay's surprising pace of job growth along with a rise in wages added to conviction that the Federal Reserve will stay on hold...
A representative speaks with a jobseeker at a job fair at Brunswick Community College in Bolivia, North Carolina, on April 11, 2024.Allison Joyce | Bloomberg | Getty ImagesThe unemployment rate for white Americans held steady from April to May, bucking the trend for all other racial groups, according to...
Russia's President Vladimir Putin gestures as he delivers a speech during the Saint Petersburg International Economic Forum (SPIEF) in Saint Petersburg on June 7, 2024.Anton Vaganov | Afp | Getty ImagesRussian President Vladimir Putin said on Friday that nearly 40% of the country's trade turnover is now in rubles...
Job growth in May was surprisingly strong, pushing back on lingering fears of a broader economic slowdown and likely slowing the Federal Reserve's rate-cutting timeline.The U.S. economy added 272,000 jobs for the month, coming out significantly higher than the Dow Jones consensus estimate for 190,000. That's also higher than...
The U.S. economy added far more jobs than expected in May, countering fears of a slowdown in the labor market and likely reducing the Federal Reserve's impetus to lower interest rates.Nonfarm payrolls expanded by 272,000 for the month, up from 165,000 in April and well ahead of the Dow...
Russian President Vladimir Putin is seen while visiting the Lakhta Center on June 5, 2024, in Saint Petersburg, Russia. Vladimir Putin visited a newly built Lakhta Center, a skyscraper of Gazprom, prior to his meetings at the Saint Petersburg International Economic Forum SPIEF 2024.Contributor | Getty Images News |...
Liu Jie/Xinhua via Getty ImagesInvestors will be looking to May's nonfarm payrolls report for more clarity on whether the Federal Reserve can ease up in its battle against inflation.Economists surveyed by Dow Jones expect the Bureau of Labor Statistics to report that the U.S. economy added 190,000 more jobs...
A shopper browses a selection of body boards outside a Five Below store in Bloomington, Illinois, on July 25, 2018.Daniel Acker | Bloomberg | Getty ImagesWhile inflation is showing signs of easing, consumers in the country may still be feeling its effects for quite some time, according to Joel...
Samantha McCloud, 16, left, Victoria Garcia, 16, Jessel Rincon, 16, at college and career fair at Temple City High School on Saturday, Oct. 21, 2023 in Temple City, CA.Irfan Khan | Los Angeles Times | Getty ImagesAfter receiving a graduate degree, Julianna Larock was bombarded with news about the...
A bartender prepares drinks in Le Central restaurant in San Francisco, California, US, on Tuesday, May 7, 2024. David Paul Morris | Bloomberg | Getty ImagesPrivate job creation slowed more than expected in May, according to a report Wednesday from ADP that signals further sluggishness in the labor market.The payroll...