Tag: Breaking News: Economy
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Trump turns up the heat on Warsh as Fed rate hike looms
Ten days ahead of the next Federal Reserve meeting, the Trump administration looks to be in a full-court press to halt a rate hike in its tracks.
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Women accounted for almost all of job gains in August. Here’s why
Women accounted for virtually all of August’s payroll gains, the latest sign of their growing power in the labor market.
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U.S. payrolls rose 162,000 in August, much more than expected; unemployment rate at 4.1%
Nonfarm payrolls were expected to increase by 53,000 in August while the unemployment rate held at 4.1%, according to the Dow Jones consensus.
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The big business of personal protection: How private security became a $50 billion industry
Private security spending and guard employment have climbed as companies and communities respond to high-profile attacks, even as violent crime falls.
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Global bond sell-off likely not over yet, Mohamed El-Erian tells CNBC
In a wide-ranging interview, the renowned economist also said the U.S. Treasury had taken “a step too far” with its market intervention.
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Stocks making the biggest moves after hours: Lululemon, Zscaler, Guidewire Software & more
Here are some of the companies making headlines in extended trading.
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The big August jobs report is due out Friday. Here’s what to expect for what has been a jobless summer
August nonfarm payrolls are expected to rise by 53,000 as a subdued labor market keeps Fed attention focused on inflation.
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Vance says Fed should lower interest rates: ‘Would be nice to have some help’
Vice President J.D. Vance’s remarks came less than two weeks before the Federal Open Market Committee is set to convene and decide whether to adjust rates.
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Stocks making the biggest moves midday: Tesla, Ciena, Meta, Snowflake, Ultragenyx Pharmaceutical & more
Here are some of the companies making headlines in midday trading.
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Fed Governor Waller indicates he will support holding rates steady at September meeting
In remarks that seem to contrast with statements last week from Chairman Kevin Warsh, Waller expressed confidence in the current inflation trends.
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