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US adds 256K jobs in December, dimming rate cut hopes

U.S. employers added a surprisingly strong 256,000 jobs in December, but hopes that the Federal Reserve will cut interest rates anytime soon are fading. The explosive numbers released by the U.S. Bureau of Labor Statistics were a sharp increase from the previous month as employment recovered from strikes and major hurricanes, and lifted traders' expectations […]

US economy added 256K jobs in December, well above expectations

Kathryn Rooney Vera, chief market strategist at StoneX, talks about the importance of reducing federal spending on moneymaking. The U.S. economy added jobs faster than expected in December, as Federal Reserve policymakers watch the strength of the labor market ahead of a meeting later this month. The Labor Department reported Friday that employers added 256,000 […]

ADP Says Private Sector Job Growth Slowed In December

Private sector employment cooled more than expected in December, with wage growth slowing to its slowest pace in more than three years, according to a report released Wednesday by payroll firm ADP. Employers added a seasonally adjusted 122,000 jobs last month, down from 146,000 in November and well below the 134,000 expected by economists polled […]

Private sector adds 122,000 jobs in December, below expectations, ADP says

Art Laffer, co-author of “The Trump Economic Miracle,” discusses “Kudlow” about President-elect Donald Trump's plan to clean up the government. Payroll company ADP said Wednesday that private sector companies added 122,000 jobs in December. The figure was lower than the 140,000 expected by economists and also lower than the 146,000 reported in the previous month. […]

FBI found 150 bombs in Virginia home search in December, prosecutors say

Federal agents seized the largest stockpile of homemade explosives ever seized when they arrested Brad Spafford on firearms charges in Virginia last month, according to a court filing by federal prosecutors. I discovered it. Defense attorneys argued in Tuesday's motion that authorities have not presented evidence that he planned violence and also noted that he […]

Ether ETF net inflows hit $2.6B in December – Cointelegraph

Total net inflows into the Ether (ETH) exchange-traded fund (ETF) exceeded $2.6 billion in December as the fund gained momentum against the wildly popular Bitcoin (BTC) ETF, according to data from Farside Investors. Ta. In November and December, the Ether ETF posted eight consecutive weeks of net inflows, with a record $2.2 billion in inflows […]