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Kamala Harris Campaign Raises $300 Million in August

Vice President Kamala Harris' presidential campaign raised more than $300 million in August, more than double the amount raised by former President Donald Trump's campaign. Harris is Raise The big investment came after President Joe Biden announced on July 21 that he would not seek the Democratic nomination. According to two sources familiar with the […]

August jobs report breakdown: Which industries hired the most workers?

Kenny Polcari, chief market strategist at SlateStone Wealth, appeared on “Varney & Co.” to react to August's unemployment rate. Increased employment GDP rose slightly in August but fell short of economists' expectations as job losses in manufacturing, retail and other sectors partly offset gains in other sectors. In its monthly employment report released on Friday, […]

US economy added 142,000 jobs in August, missing expectations

Strategas Chairman and CEO Jason Treynort discusses the revised CPI, real wage and employment data, and the Harris tax increase plan. U.S. job growth accelerated in August but fell short of economists' expectations and the unemployment rate remained little changed. The Labor Department said on Friday that payrolls rose by 142,000 in August, well above […]

US jobs report for August weaker than expected

The U.S. labor market weakened last month, with payrolls rising by just 142,000 in August, well below the 161,000 that analysts had expected. Stock market futures fell sharply before the open on Friday after the Labor Department also cut its forecast for July payrolls, now showing an 89,000 increase compared to an earlier estimate of […]

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 […]

US futures point lower ahead of crucial August jobs report – Investing.com

Investing.com — U.S. stock futures were trading below flat on Friday as investors awaited a long-awaited labor market report that could influence the Federal Reserve's next monetary policy decision. By 6:21 a.m. ET (10:21 a.m. GMT), the contract was down 130 points, or 0.3 percent, down 34 points, or 0.6 percent, and down 207 points, […]

Harris team blows past $360 million in August fundraising haul, more than doubling Trump

Vice President Kamala Harris' political team has again surpassed $300 million in fundraising, more than double what former President Donald Trump raised in August. The Harris campaign raised $361 million last month, and the campaign, joint committees and the Democratic National Committee had $404 million in cash through August, the campaign said. By comparison, the […]