Strong jobs data is good news for the economy, just not for the market. Here's why
Read more at CNBC
Topics
-
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 - 8h -
Live Updates: U.S. Job Growth Ends the Year Strong
Employers finished the year with a burst of hiring, adding 256,000 jobs in December. The unemployment rate ticked down to 4.1 percent.The New York Times - 7h -
Companies from Coca-Cola to Anheuser-Busch are getting in on the canned cocktail market. Here's why
Americans consumed over 62 million cases of ready-to-drink spirits in 2023, an increase of almost 25% from 2022.CNBC - 9h -
Friday's jobs report could present a mixed view of the labor market. Here's what to expect
Economists expect the Bureau of Labor Statistics to report a gain of 155,000 jobs, a step down from the surprising 227,000 increase in November.CNBC - 11h -
Why are gen Z shunning ‘hustle’ culture in favour of long-term jobs? Here are three good reasons | Oli Mould
Unlike previous generations of workers, young people are prioritising stability over chaos and community over churn. For decades, we’ve been told that the modern workplace is a playground of ...The Guardian - 2d -
US stocks slide as strong data sends Treasury yields higher
Investors bet Fed likely to lower interest rates just once this year after better than expected jobs and services figuresFinancial Times - 3d -
Stock market manages strong start to 2025. But watch for these potential pitfalls.
Stock-market investors are just two days into the new year but managed to halt the slide that damped the end of a still stellar 2024.MarketWatch - 5d -
Why the U.S. economy is still strong despite the Fed’s 2022-’23 rate hikes
Something surprising happened on the way toward the highest U.S. interest rates in more than a dozen years: Neither consumers nor businesses buckled under the weight of higher borrowing costs from ...MarketWatch - Jan. 3 -
Problems with UK economy data could be widespread, warns lawmaker
Meg Hillier highlights damaging consequences of under-investment in key forecasting systemsFinancial Times - Jan. 2
More from CNBC
-
Meta announces end of DEI programs. Read the internal memo
Meta says it plans to end a number of internal DEI programs, designed to increase the company's hiring of diverse candidates.CNBC - 1h -
IRS announces the start of the 2025 tax season
The 2025 tax season will begin on Jan. 27 for individual taxpayers. Here are some options to file your 2024 taxes for free.CNBC - 3h -
TikTok ban likely to be upheld by Supreme Court, putting pressure on Trump
The Supreme Court on Friday heard oral arguments in the case involving the future of TikTok in the U.S., which could ban the app as soon as next week.CNBC - 2h -
Fired Disney employee will plead guilty to hacking menus to hide peanut content
Michael Scheuer, who had been a Disney menu production manager, in one instance added a swastika to a menu during hack, prosecutors said.CNBC - 23m -
Amazon to halt some of its DEI programs: Internal memo
The company said it is in the process of "winding down outdated programs and materials" as part of a broader review of hundreds of initiatives.CNBC - 21m
More in Business
-
James Arthur Ray, Self-Help Guide Whose Retreat Became Deadly, Dies at 67
A rising star among New Age motivational speakers, he was brought down by a disaster during one of his retreats in Arizona, where three people died in a sweat lodge.The New York Times - 4m -
Here’s when you can file your 2024 taxes — and what’s new this year with refunds, tax laws and free tax prep
Income-tax refunds averaged more than $3,100 last year. How much will they be this year?MarketWatch - 9m -
Amazon to halt some of its DEI programs: Internal memo
The company said it is in the process of "winding down outdated programs and materials" as part of a broader review of hundreds of initiatives.CNBC - 21m -
Fired Disney employee will plead guilty to hacking menus to hide peanut content
Michael Scheuer, who had been a Disney menu production manager, in one instance added a swastika to a menu during hack, prosecutors said.CNBC - 23m -
American Airlines’ use of ‘ESG activist’ BlackRock failed workers, US judge says
Case over pension scheme management highlights rising risks of legal challenges over environmentally-focused policiesFinancial Times - 25m