Health care and hospitality were key drivers for a job market that has cooled off in recent months.
Category: Finance News
August payrolls grew by a less-than-expected 142,000, but unemployment rate ticked down to 4.2%
Nonfarm payrolls were expected to expand by 161,000 in August while the unemployment rate fell to 4.2%.
Stocks making the biggest moves premarket: Bowlero, UiPath, Broadcom and more
These are the stocks posting the largest moves in premarket trading.
China should focus on fighting deflationary pressure, former central bank governor says
China’s policymakers need to focus on boosting domestic demand, Yi Gang, former head of the People’s Bank of China, said Friday at the Bund Summit in Shanghai.
7-Eleven’s parent company rejects takeover proposal, says offer ‘grossly undervalues’ company
Even if the offer was raised “very significantly,” Seven & i said the bid does not consider the “multiple and significant challenges” it would face.
China’s wealthy are increasingly looking overseas for business investment opportunities
China’s wealthy want to pursue business opportunities abroad, rather than just investment returns, according to asset managers and consultants.
Stocks making the biggest moves after hours: Broadcom, DocuSign, UiPath and more
These are the stocks posting the largest moves in extended trading.
Friday’s jobs report for August is going to be huge. Here’s what to expect
The Wall Street consensus is for nonfarm payrolls growth of 161,000 for August and a slight decline in the unemployment rate to 4.2%.
JPMorgan top economist says the Fed should cut rates by a half point this month
JPMorgan chief U.S. economist Michael Feroli believes there is a strong case for the Federal Reserve to speed up the pace of rate cuts.
Stocks making the biggest moves midday: JetBlue, Hewlett Packard Enterprise, Tesla, G-III Apparel and more
These are some of the stocks posting the largest moves in midday trading Thursday.