Hong Kong stocks led a surge in Asian markets as China’s stepped-up efforts to boost the economy. The Hang Seng Index climbed as much as 2.2pc to put it on track for a ninth consecutive day of gains, ...
The reduction came after significant cost-cutting ... demand in the US economy and its impact on the interest rates. The Labor Department’s report is expected to show US job growth probably ...
US private sector activities slowed in April, with PMI at a 4-month low. Prices for goods and services rose at a slower pace, ...
The Federal Reserve is seeking to tame inflation while Biden aims to make the economy central to his re-election campaign ...
The Employment Cost Index (ECI), the broadest measure of labor costs, increased 1.2% last ... closer to the Fed's 2% target. Though job growth accelerated in the first quarter, surveys including ...
The economy added 175,000 jobs last month, a slowdown in hiring. The unemployment rate ticked up to 3.9 percent.
Jobs growth slowed markedly in April and wage ... Macroeconomics "The figure does not come as a surprise to us given other recent labor market data observations. However, it should be perceived ...
U.S. nonfarm payrolls increased by 175,000 last month, the Bureau of Labor Statistics said Friday, or the smallest gain in six months. Economists were looking for the addition of about 240,000 jobs.
U.S. worker productivity growth slowed sharply in the first quarter, resulting in a surge in labor costs, but the trend in ...
"The US economic upturn lost momentum at the start ... activity reveal a sharp and unexpected slowdown in the pace of growth in April 2024, marking the softest expansion since December 2023.
Rolling coverage of the latest economic and financial news ...
"The US economic upturn lost momentum at the start ... activity reveal a sharp and unexpected slowdown in the pace of growth in April 2024, marking the softest expansion since December 2023.