US employers added 236,000 jobs in March, unemployment at 3.5%
US hiring slowed in March – but the jobs market remains historically tight in a trend that could put pressure ...
Tag: federal reserve
Private sector added 145K jobs in March, fewer than expected
US private employers hired far fewer workers than expected in March, adding to signs that the labor market was cooling. The ADP National Employment ...
US banking chaos ‘definitely brings us closer’ to recession: Fed
The turmoil at First Republic and other embattled US regional banks “definitely brings us closer right now” to an economic ...
Fed President James Bullard expects rates as high as 5.75%
St. Louis Federal Reserve president James Bullard said Friday the US likely will need higher than expected interest rates to contain inflation ...
Federal Reserve hikes key interest rate despite US bank chaos
The Federal Reserve hiked interest rates on Wednesday — a pivotal move that showed the central bank’s resolve to tackle ...
Dow gains as investors weigh bank risks, Fed rate-hike pause
The S&P 500 and the Dow Jones gained on Monday as a state-backed rescue of embattled lender Credit Suisse helped ...
Mortgage rates fall for first time in six weeks
The average long-term US mortgage inched back down this week after five straight weeks of increases, good news for homebuyers ...
Jobless claims drop by 20,000 — more than expected
The number of Americans filing new claims for unemployment benefits fell more than expected last week, pointing to continued labor market strength, ...
Retail sales dip 0.4% in February after January buying burst
America’s consumers trimmed their spending in February after a buying burst in January, underscoring the volatility of the economic environment. ...
Dow, stocks plunge as Credit Suisse sparks fresh bank selloff
Stocks dropped on Wednesday as turbulence at Credit Suisse renewed fears of a banking crisis, while data hinting at economic weakness ...
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