Market backs off on hopes for interest rate cuts following strong jobs report
May’s surprising pace of job growth and wage rise added to the conviction that the Federal Reserve will stay on…
Jobless rates rise in May for all racial groups except white Americans
The unemployment rate for white Americans held steady from April to May, bucking the trend for all other racial groups,…
Here’s where the jobs are for May 2024 — in one chart
Job growth in May was surprisingly strong, pushing back on lingering fears of a broader economic slowdown and likely slowing…
Cut off from the West, Putin says almost 40% of Russian trade turnover is now in rubles
Russian President Vladimir Putin said Friday that nearly 40% of the country’s trade turnover is now in rubles as the…
U.S. adds a much-better-than-expected 272,000 jobs in May, but unemployment rate edges up to 4%
The U.S. economy added far more jobs than expected in May, countering fears of a slowdown in the labor market…
War, what war? Putin looks to woo new business partners willing to overlook its invasion of Ukraine
Russia’s annual economic forum in St. Petersburg used to be known as the country’s “Davos” in a nod to the…
Here’s what to expect from Friday’s big jobs report
Investors will be looking to May’s nonfarm payrolls report for more clarity on whether the Federal Reserve can ease up…
Young job seekers are finding it tougher to find employment, despite a bustling labor market: ‘It was brutal’
After receiving a graduate degree, Julianna Larock was bombarded with news about the powerful labor market and how much demand…
