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Private sector gained jobs for fourth straight month to end 2023: Report

Private employers added 164,000 jobs in December, and wages rose 5.4% from a year earlier, according to a national employment report released Thursday by the ADP Institute. “We are returning to a labor market that closely matches pre-pandemic employment,” ADP chief economist Nella Richardson said in a press release. She said: “While wages did not […]

Nets fall to Rockets for fifth straight defeat as bad stretch lingers

HOUSTON — The Nets can't buy baskets. Or beg for victory. Brooklyn fell apart in the third quarter, losing 112-101 to the Rockets on Wednesday night in front of a crowd of 16,563 at Toyota Center. This extends the Nets' losing streak to five, dropping 10 of their last 11 games. This slippage is making […]

U.S. Manufacturing Contracts For 14th Straight Month

The manufacturing sector continued to contract in December, a closely watched economic indicator released Wednesday by the Institute for Supply Management showed. The ISM Purchasing Managers Index (PMI) rose to 47.4% in December, slightly higher than analysts' expectations of 47.2%. Last month's PMI was 46.7. Despite the better-than-expected improvement, this figure remains below the 50 […]