Live Updates: U.S. Job Growth Ends the Year Strong
Read more at The New York Times
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Strong December job growth points to fewer Fed interest-rate cuts
Friday's jobs numbers mark the last employment report of the Biden administration.CBS News - 11m -
30-year Treasury yield briefly breaks 5% after strong December jobs report
Yields on 10- and 30-year U.S. government debt looked to be on track for their highest levels in more than a year on Friday after December payroll data came in stronger than expected, reducing ...MarketWatch - 1h -
U.S. economy adds 256,000 jobs in December, unemployment rate at 4.1%
The final jobs report of the Biden administration has been released. It shows that the U.S. economy added 256,000 jobs in December and that the unemployment rate came in at 4.1%. NBC News’ ...NBC News - 1h -
U.S. adds 256,000 jobs, as Biden leaves Trump with sturdy labor market
President Joe Biden will end his term with a relatively healthy labor market as the U.S. added 256,000 jobs in December and the unemployment rate ticked down to 4.1%.NBC News - 2h -
Tibet earthquake: at least 95 reported dead as strong quake strikes near holy Shigatse city – live updates
Chinese state media also say 130 injured as rescue efforts in remote high-altitude terrain underway in below-freezing conditions. Full report: dozens dead as 6.8-magnitude quake strikes holy city ...The Guardian - 3d -
Oil ends lower as signs of strong demand for Mideast crude fail to feed recent rally
Oil futures settled with a loss on Monday, with hopes for further economic stimulus from China and signs of strong demand for Middle Eastern crude failing to support prices in the wake of a ...MarketWatch - 3d -
Live updates: US reels after New Year’s attacks; 119th Congress kicks off
In the past week, the U.S. saw a pair of New Year’s Day attacks in Nevada and Louisiana that took multiple lives and injured dozens, and the 119th Congress kicked off with a packed first day. ...The Hill - 4d -
China has cost the U.S. millions of jobs. Trump will change that — not necessarily for the better.
Trump needs to make friends in Asia or his China tariffs will hurt Americans.MarketWatch - 6d -
Economists Fear Trump’s Tariff Policies Will Harm U.S. Growth
A new survey finds a majority of economists fear protectionist plans by the President-elect will spark inflation and eventually undermine U.S. economic expansion.Inc. - 6d
More from The New York Times
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R. Nicholas Burns, U.S. Ambassador, Says China Is Aligned With ‘Agents of Disorder’
R. Nicholas Burns, the top U.S. diplomat in Beijing, says the Biden administration is making a final push to urge China to reconsider its tilt toward Russia, Iran and North Korea.The New York Times - 32m -
Can Low Unemployment Last Under Trump?
Hiring has slowed, but joblessness remains at levels defying economic norms. Big policy changes under a new administration could test that resilience.The New York Times - 20h -
Fox Must Face Smartmatic’s $2.7 Billion Defamation Lawsuit, Court Rules
The complaint, which arose out of Fox News’s promotion of vote-rigging conspiracy theories after the 2020 U.S. presidential election, is on track to proceed to trial.The New York Times - 16h -
U.S. Steel Faces Stark Choices as Nippon Steel Merger Founders
The onetime dynamo is fighting to revive a takeover by Nippon Steel. Other tie-ups could also face obstacles, and going it alone could force cutbacks.The New York Times - 17h -
Banks Are Racking Up Wins Even Before Trump Is Back in White House
Lobbying by banks helped torpedo a major proposal, and a top regulator announced this week that he would step down from a leadership role.The New York Times - 1d
More in Business
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SEC charges former WWE boss Vince McMahon over undisclosed settlements with two women
Vince McMahon resigned last year as TKO Group Holdings executive chairman after a former WWE employee sued him for alleged sexual assault and trafficking.CNBC - 9m -
Oil prices jump as U.S. imposes sweeping sanctions against Russia oil industry
The U.S. Treasury Department is targeting more than 180 Russian tankers.CNBC - 10m -
Disney, Fox and Warner Bros. Discovery call off plans to launch Venu sports streaming service
Venu was first announced in February and intended to combine the live sports assets of Fox, WBD and Disney-owned ESPN.CNBC - 13m -
Walgreens’ stock could see its best day ever. Is a turnaround really in store?
Walgreens was the worst stock in the S&P 500 last year. An analyst writes that it’s still “premature to say that Walgreens is on a stable path to growth” despite upbeat earnings.MarketWatch - 17m -
U.S. payrolls grew by 256,000 in December, much more than expected; unemployment rate falls to 4.1%
Nonfarm payrolls were expected to increase by 155,000 in December, according to the Dow Jones consensus forecast.CNBC - 18m