US adds 142K jobs in August, with Fed poised to cut rates

The U.S. added 142,000 jobs in August, and the unemployment rate fell to 4.2%, according to data released Friday by the Labor Department. The new report is in line with economists' forecasts of 161,000 jobs and an unemployment rate of 4.2 percent, and will be closely watched as the Federal Reserve prepares to cut interest […]