Professional and business services and health care were bright spots for the labor market in August.
Category: Finance News
Payrolls rose 315,000 in August as companies keep up hiring pace
Nonfarm payrolls were expected to increase 318,000 in August, according to Dow Jones estimates.
The Fed must do two things to re-establish credibility, Allianz’s El-Erian says
The U.S. Federal Reserve needs to do two more things to re-establish its credibility, according to Mohamed El-Erian, chief economic adviser to Allianz.
Stocks making the biggest moves premarket: Lululemon, Broadcom, Starbucks and more
These are the stocks posting the largest moves before the bell.
China’s electric car firms, which rely heavily on Nvidia, are safe from the U.S. chip ban — for now
U.S. restrictions on Nvidia chip sales to China won’t affect Chinese electric car companies.
Turkey’s skyrocketing inflation is flashing warning signals for Gulf banks
Ratings agency Fitch calculates that GCC banks with Turkish subsidiaries posted net losses of roughly $950 million in the first half of 2022.
Britain’s banks are giving staff one-off crisis payments. But they’re being urged to do much more
UK banks offered employees one-time bonuses or pay increases to help with the cost of living, but longer-term solutions may be needed to keep hold of staff.
Stocks making the biggest moves after hours: Lululemon, Broadcom and more
These are the stocks posting the largest moves in after hours trading.
‘No one wants to be the state taxing student loan forgiveness.’ Here’s where borrowers may see a bill
While student loan forgiveness is federally tax-free, borrowers may owe levies at the state level. Here’s where you may see a bill.
Stocks making the biggest moves midday: Nvidia, Okta, Five Below, Bed Bath & Beyond and more
These are the stocks posting the largest moves in midday trading.