Friday’s unexpectedly big increase in December nonfarm payrolls led to a diminished market-based likelihood for any rate cut ...
Payrolls: 256,000 jobs added in December vs. 153,000 expected, according to economists surveyed by FactSet. Unemployment rate ...
The Labor Department reported Friday that 265,000 jobs were added to the U.S. economy in December, which was roughly 100,000 ...
The U.S. labor market added 256,000 jobs in December, a strong showing at the end of 2024, as the labor market revved up ...
A hot December jobs report has many strategists confident the Federal Reserve will hold off on further interest rate cuts for ...
Employers finished the year with a burst of hiring, adding 256,000 jobs in December. The unemployment rate ticked down to 4.1 ...
"I think really the market is saying maybe no rate cuts in 2025, and that the 10-year could very easily break well above 5%," ...
A December gain of 256,000 blew past forecasts, and unemployment fell to 4.2 percent. But markets recoiled as interest rate cuts seemed more distant.
Health care added 46,100 jobs in December, with gains focused in home health care services (+15,200), nursing and residential ...
The Dow Jones Industrial Average ( ^DJI) sank about 1.6%, or close to 700 points, while the S&P 500 ( ^GSPC) also fell 1.5%.
If you've been waiting for borrowing costs to fall for credit cards, car loans or mortgages, your wait just got longer.
The Fed is likely done cutting rates amid robust economic activity and can now eye a hike if core PCE or long-term inflation ...