Treasury yields wrecking-ball surge gets fresh fuel after blowout jobs report
By Davide Barbuscia NEW YORK The U.S. Treasury yield surge that has shaken markets in recent weeks may
2023-10-06 23:15
Here's why the shockingly good jobs report is going to cost you
The US economy feels lousy for so many people. So you'd think some really, really, shockingly good news about the job market would give Americans' spirits a boost.
2023-10-06 22:50
Auto workers worry it takes less labor to build electric cars. Maybe not, some researchers say
A traditional car engine is a complex wonder of engineering, with pistons moving up and down, springs compressing and decompressing, spinning shafts, opening and closing valves and spinning gears meshing together. That's not to mention a transmission, connecting the engine to the wheels, that's a complex machine all its own. An electric motor, on the other hand, is really just some magnets wrapped in wires and it only needs a single speed transmission. That simplicity worries the United Auto Workers union.
2023-10-06 21:52
US job growth soared in September, adding 336,000 positions
The US job market surged in September, adding more jobs than expected for the second consecutive month, according to data released Friday by the Bureau of Labor Statistics.
2023-10-06 20:47
Further Fed rate hike comes into view as job growth accelerates
Traders on Friday raised bets that the Federal Reserve will hike interest rates before the end of the
2023-10-06 20:47
U.S. jobs data could be the Fed's cue to hike or hold
By Howard Schneider WASHINGTON A new U.S. employment report on Friday will show whether the labor market continued
2023-10-06 18:26
US jobs report stands as next catalyst for Treasury market gyrations
By Davide Barbuscia NEW YORK A wild week in Treasury markets is set to culminate with the U.S.
2023-10-06 04:22
Two jobs reports, two different views of the labor market
Almost any economist will tell you they don't have a crystal ball. But using all kinds of fancy (and sometimes not so fancy) models, they make predictions about forthcoming economic data. And oftentimes, economists' consensus forecasts are spot on.
2023-10-05 10:24
The private sector added just 89,000 jobs last month, far below expectations
US employers in the private sector added an estimated 89,000 jobs in September, a much lower total than expected and an indication of a sharp pullback in the labor market, payroll processor ADP reported Wednesday.
2023-10-04 20:48
US job openings jump in August; quits rate unchanged
By Lucia Mutikani WASHINGTON (Reuters) -U.S. job openings unexpectedly increased in August amid a surge in demand for workers in
2023-10-03 23:49
Flexible hours, sick pay and meals, British workers get a better deal
By James Davey, Kate Holton and David Milliken BRIGHTON, England For Josh Hughes-Davies, the best thing about his
2023-10-02 13:29
Credit Suisse sheds nearly 13% of workforce this year
ZURICH (Reuters) -Credit Suisse has shed nearly 13% of its workforce this year, underlining the turmoil at the bank that
2023-09-29 17:29