Surprising December jobs growth is denting chances of a first half Fed rate cut

India's inflation slows to lower-than-expected 5.22% in December, boosting case for rate cuts

The full year inflation forecast for the RBI's 2024 fiscal year ending June 2025 is projected at 4.8%.

CNBC - Jan. 13

China's imports post surprise growth in December; exports beat expectations as higher tariffs loom

Economists are expecting exports to make a notable boost to China's economic growth last year when the figures are released later this week.

CNBC - Jan. 13

Stormers dent Sale's chances of qualification

Stormers cruise past Sale Sharks to claim a bonus-point victory and kickstart their Investec Champions Cup campaign in round three.

BBC News - Jan. 11

Where new jobs were in 2024, and potential growth areas in a second Trump term

Health care and government were the top two drivers of job creation in 2023 and 2024, but that could change under a new administration.

CNBC - Jan. 11

This is what it could take for the Fed to hike interest rates

Some economists are now contemplating what was previously unthinkable — and they are focused on the personal-consumption expenditures price index

MarketWatch - Jan. 11

Dow sees worst start to a year since 2016 as Fed rate-cut hopes fade for 2025

U.S. stocks are down so far in 2025 as market volatility climbs.

MarketWatch - Jan. 11

Stock market plunges after better-than-expected December jobs report

The Labor Department reported Friday that 265,000 jobs were added to the U.S. economy in December, which was roughly 100,000 more than expected. The unemployment rate also fell to 4.1%. CBS News ...

CBS News - Jan. 10

Watch live: Biden to discuss economy after US added 256K jobs in December

President Biden will deliver remarks Friday evening about the state of the economy and the most recent jobs report, which showed the country added a whopping 256,000 jobs last month. This report ...

The Hill - Jan. 10

Stocks and Bonds Fall After Strong Jobs Report Fuels Interest Rate Concerns

Stronger-than-expected data on the labor market has added to clues that the economy continues to run at a solid pace, amplifying fears about stubborn inflation.

The New York Times - Jan. 10

Surprising December jobs growth is denting chances of a first-half Fed rate cut

Friday’s unexpectedly big increase in December nonfarm payrolls led to a diminished market-based likelihood for any rate cut by the Federal Reserve until September, based on one method of ...

MarketWatch - Jan. 10

The unemployment rate for Black women fell in December, following a sharp rise

Black women saw a decline in the unemployment rate in December, as it slipped to 5.4%. That is an improvement from November’s rate of 5.9%.

CNBC - Jan. 10

U.S. Employers Add 256,000 Jobs in December

A December gain of 256,000 blew past forecasts, and unemployment fell to 4.2 percent. But markets recoiled as interest rate cuts seemed more distant.

The New York Times - Jan. 10

Here’s where the jobs are for December 2024 – in one chart

December's job report marked another month of stronger-than-expected growth, with gains coming in many different areas of the U.S. economy.

CNBC - Jan. 10

The Most-Downloaded PS5 Games Of December 2024

Sony has shared the most-downloaded PlayStation 5 games of December 2024, and to no one's surprise, Call of Duty: Black Ops 6 once again retains its stranglehold on the No. 1 slot. It's simply ...

GameSpot - Jan. 10

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 - Jan. 10

December jobs report exceeds expectations

The labor market came in much hotter than expected in the final jobs report of President Biden's administration. CBS News MoneyWatch correspondent Kelly O'Grady has more.

CBS News - Jan. 10

Strong December job growth could augur fewer Fed interest-rate cuts

Employers across the U.S. added a robust 256,000 jobs in December, a sign the labor market remains in good shape.

CBS News - Jan. 10

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 - Jan. 10

Wayfair to exit Germany, cut 730 jobs as it looks to focus on physical retail

Wayfair, an early e-commerce disruptor, wants to focus more on physical retail and has decided to exit the German market and cut 730 jobs as a result.

CNBC - Jan. 10

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 - Jan. 10

The Fed Is in No Rush to Cut Rates

Fed officials have signaled that it will take more than one weak report to convince them that the labor market is deteriorating.

The New York Times - Jan. 10

US adds whopping 256K jobs in December

The U.S. added 256,000 jobs and the unemployment rate ticked down to 4.1 percent in December, according to data released Friday by the Labor Department. The December jobs report showed the U.S. ...

The Hill - Jan. 10

December jobs report expected to show hiring slowdown

The December jobs report is set to be released later Friday morning and it's expected to show slowing growth. According to a survey of forecasters by the data firm FactSet, U.S. employers are ...

CBS News - Jan. 10

Microsoft confirms performance-based job cuts across departments

Microsoft is cutting a small percentage of jobs across departments, based on performance, the company confirmed to CNBC on Wednesday.

NBC News - Jan. 9

Fed Governor Bowman says December interest rate cut should be the last

Federal Reserve Governor Michelle Bowman said Thursday she supported the recent interest rate cuts but doesn’t see the need to go any further.

NBC News - Jan. 9

Fed Governor Bowman says December interest rate cut should be the last

Bowman said Thursday she supported the recent interest rate cuts but doesn't see the need to go any further.

CNBC - Jan. 9

Why two Fed officials doubt the need for many more rate cuts

One official warned that “progress on inflation could continue to stall.”

MarketWatch - Jan. 9

4 in 10 companies planning job cuts due to AI: Survey

Companies across the globe, at least four in 10, are likely to cut jobs as artificial intelligence (AI) continues to advance, new research shows. A survey in the World Economic Forum's (WEF) latest ...

The Hill - Jan. 9

December jobs report forecast is 155,000. But here’s the number investors really should watch.

Rising unemployment prodded the Federal Reserve to cut interest rates last fall despite lingering inflation — and the jobless rate could still be the deciding factor for future rate cuts.

MarketWatch - Jan. 9

Serie A first-half awards: USMNT's Christian Pulisic for best goal, Lautaro Martinez biggest disappointment

We're halfway through the 2024-25 season and it's time to take a look back

CBS Sports - Jan. 9

Microsoft confirms performance-based job cuts across departments

Microsoft said it's cutting a small percentage of jobs across departments, based on performance.

CNBC - Jan. 9

Fed officials saw need for ‘careful approach’ to future rate cuts

Minutes from December meeting show policymakers are concerned about US inflation risks

Financial Times - Jan. 8

Rate-Cut Decision Was Narrow, Fed Minutes Show

Stubborn inflation, and potential tariffs, make future rate cuts uncertain.

The New York Times - Jan. 8

Most Fed officials were worried about higher inflation, but not enough to put rate hikes on the table, minutes of December meeting show

“Almost all” Fed officials judged that the upside risks to inflation had increased, according to minutes of the Fed’s December meeting released Wednesday.

MarketWatch - Jan. 8

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