The U.S. labor market ended 2024 on a high note, with employers adding 256,000 jobs in December. This exceeded expectations and reflected confidence in economic stability. The unemployment rate dropped to 4.
Wall Street's fear gauge hit a three-week high on Friday. A Labor Department report showed job growth unexpectedly accelerated in December while the unemployment rate fell to 4.1% as the labor market ended the year on a strong note. A hotter-than-expected ...
U.S. stock indexes held firmer and finished mixed a day after strong reports on the economy stirred up worries that inflation and interest rates may remain higher than expected.
Wall Street wiped out its entire post-election rally this week as mounting interest-rate fears were stoked by a red-hot labor market, surging inflation expectations and escalating geopolitical tensions ahead of Donald Trump‘s return to the White House.
Jobs data for December will add to ongoing mixed signals in the U.S. labor market. Analysts surveyed by Dow Jones expect 155,000 jobs added on the month, down from 227,000 in November, with the unemployment rate expected to have remained unchanged at 4.
U.S. stocks tumbled, with the S&P 500 erasing its 2025 gains, after an upbeat jobs report stoked fresh inflation fears and reinforced bets that the Federal Reserve will be cautious in cutting interest rates this year.
The U.S. Department of Labor said it entered an agreement with JBS USA in which the meatpacker will provide $4 million to assist individuals and communities affected by unlawful child labor practices nationwide.
While private equity activity in healthcare has been high over the last several years, a more recent rise in bankruptcies and defaults points to a possible rough patch for healthcare PE investments.
Newly inaugurated President Donald Trump has fired another shot in the ongoing battle over remote work, requiring federal employees to return to their offices.
Business owners saw a drop in activity along the typically-bustling 26th Street corridor amid reports of immigration activities starting in Chicago — even before frigid temperatures set in.
(CNN) — Here is a look at women in business, education, government and sports who have broken through the glass ceiling and become the first in their respective positions in the United States. 1739 - Elizabeth Timothy is the first woman newspaper publisher, of the South Carolina Gazette.
Echoing false and misleading claims he has previously made, Trump misleadingly suggested that the Federal Emergency Management Agency had taken little or no action following Hurricane Helene’s devastation.