Bitcoin Hits Lowest Price in a Month Following Weak US Jobs Report – Decrypt
Bitcoin Price Bitcoin plummeted to below $54,000 per coin on Friday after the U.S. jobs report showed payroll numbers were weaker than expected. Bitcoin, the largest digital asset by market cap, is currently trading at $53,829, its lowest price since Aug. 5, according to CoinGecko. It has fallen about 5% in the past 24 hours […]
Dow tumbles over 300 points after weak jobs report spooks investors
Wall Street's main stock indexes fell on Friday after a key jobs report did little to dispel uncertainty over the size of an expected interest rate cut when the Federal Reserve meets later this month. In recent trading, the Dow Jones Industrial Average fell 352 points, or 0.9%, to 40,409. The S&P 500 was down […]
Wall Street hits session low, yields fluctuate as market digests mixed August jobs report – Seeking Alpha
U.S. stocks came under downward pressure on Friday and Treasury yields were slightly more volatile after mixed August jobs data sparked a debate over the size of interest rate cuts the Federal Reserve plans to make later this month. Futures initially pared losses before the open after the nonfarm payrolls data was released. Meanwhile, Treasury […]
U.S. Added 142,000 Jobs in August, Earlier Months Revised Down, Manufacturing Jobs Crash
U.S. job growth in August was much weaker than expected and the previous month's job gains were also revised downward, suggesting the labor market is even weaker than it appears. The Labor Department said Friday that the economy added 142,000 jobs. Economists had expected payrolls to rise to 160,000 that month. The employment forecast for […]
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 […]
Surge of foreign-born workers remake American jobs market
AFPI Chief Economist Michael Vogtunder will share his views on the U.S. economy at Kudlow's speech. The surge in legal and illegal immigration under the Biden-Harris administration is dramatically changing the overall composition of the U.S. job market. The large increase in immigrant workers has helped ease the labor shortage, but it has also pushed […]
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, […]
ForexLive Asia-Pacific FX news wrap: Awaiting the US jobs (NFP) report – ForexLive
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