Latest in U.S. adds 256,000 jobs, as Biden leaves Trump with sturdy labor market
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Stellantis aims to reverse yearslong declines in U.S. sales and market share in 2025
Stellantis' top priority for the U.S. this year is to grow its retail market share after several years of declining sales in its largest, most crucial market.CNBC - 1h -
Strong jobs data is good news for the economy, just not for the market. Here's why
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.CNBC - 2h -
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 - 5h -
Labor Market Ends 2024 With a Bang
Surprisingly, employers added 256,000 jobs in December 2024, and unemployment ticked down.Inc. - 7h -
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 - 7h -
Service Workers Union Rejoins AFL-CIO After 20 Years as Labor Girds for Trump 2.0
The Service Employees International Union, which has 2 million members, will renew its affiliation with the umbrella labor union, bringing membership to about 15 million.Inc. - 1d -
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 - 2h -
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 - 6h -
US job market soars past expectations in last report before Trump retakes White House
Economy adds 256,000 jobs in December, with Biden boasting of 16.6m jobs created during presidency. The US labor market expanded strongly in the last jobs report of the Biden administration , ...The Guardian - 6h -
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 - 8h -
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 - 8h -
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 - 10h -
Many Americans are leaving U.S. states with abortion bans, study finds
Abortion bans enacted since Roe v. Wade was overturned may be driving Americans to leave restrictive states, researchers find.CBS News - 11h -
Investors are on edge as Friday’s jobs report could make or break the stock-market rally
Rising Treasury yields are ratcheting up the anxiety for equity investors. Thursday’s stock-market closure offered only a brief reprieve from the mounting tension.MarketWatch - 1d -
McConnell: Biden selling out to Big Labor by blocking US Steel deal
Sen. Mitch McConnell (R-Ky.) argued President Biden is selling out to Big Labor by blocking the sale of U.S. Steel to Japanese-owned Nippon Steel. “The Biden administration will leave America’s ...The Hill - 1d -
Fed’s Collins says her concerns about labor-market fragility have decreased
The U.S. labor market remains healthy and the Federal Reserve can take a gradual and patient approach to future rate cuts, Boston Fed President Susan Collins said Thursday.MarketWatch - 1d -
After leaving the U.S., Richard Gere dives into holiday season in Spain with family
The Hollywood legend has wasted no time in enjoying his new life in Spain, taking full advantage of the holiday season to explore the surrounding areas of his Madrid abode.MarketWatch - 1d -
Job Openings Rise Unexpectedly to 8.1 Million in Resilient Labor Market
Ahead of hiring numbers due out Friday, the Labor Department said the November jump in job openings, up from 7.8 million the month before, shows companies still need workers.Inc. - 2d -
Deschamps to leave France job after 2026 WC
Didier Deschamps will leave his role as France head coach at the end of his current contract culminating in the 2026 World Cup cycle.ESPN - 2d -
Trump’s icebreaker leaves Greenland and Denmark adrift
US president-elect’s gambit in the Arctic has unnerved Nuuk and left Copenhagen struggling to respondFinancial Times - 2d -
U.S. Steel CEO calls for Trump to take fresh look at Nippon deal, slams Biden decision as corrupt
Trump opposes U.S. Steel's sale to Nippon, but CEO David Burritt believes he can convince the president-elect that the deal is in the interest of U.S. workers.CNBC - 3d -
U.S. Steel CEO appeals to Trump after Biden blocks deal with Japanese firm
President-elect Trump has also opposed Nippon Steel's $15 billion acquisition of U.S. Steel, which President Biden blocked last week.NBC News - 3d -
Job openings reverse long decline, but the U.S. labor market is still not out of the woods
President-elect Donald Trump is inheriting low unemployment after several years of strong postpandemic hiring, but he’s also confronting a weakening labor market in which fewer jobs are available ...MarketWatch - 3d -
U.S. stocks dominated global markets in 2024 — why they likely won’t in 2025
The U.S. stock market remained the envy of the world in 2024, extending its outperformance against international peers and claiming an even bigger slice of the multitrillion-dollar global equity ...MarketWatch - 3d -
U.S. Adds Tencent to Chinese Military Companies Blacklist
Tencent’s shares plunged nearly 10 percent after it was designated a military company. The Chinese battery manufacturer CATL was also added to the list.The New York Times - 3d -
Lead Trump documents prosecutor leaves DOJ
A lead prosecutor on the Department of Justice's (DOJ) prosecution into President-elect Trump's mishandling of documents at Mar-a-Lago has retired from the department. Jay Bratt left the DOJ on ...The Hill - 4d -
Did the US jobs market hold up?
Market Questions is the FT’s guide to the week aheadFinancial Times - 5d -
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 -
Johnson’s Reward as Speaker: An Impossible Job Delivering for Trump
Speaker Mike Johnson narrowly avoided a painful and prolonged fight to keep his post, but his messy victory showed how difficult his job will be in the new all-Republican Congress.The New York Times - 6d -
Labor groups cheer Biden dismissal of US Steel sale as businesses bristle
Labor groups applauded as businesses leveled sharp criticism Friday at the decision by the Biden administration to block the acquisition of steelmaker U.S. Steel by Japanese rival Nippon Steel over ...The Hill - Jan. 3 -
Biden's final actions as president leave some trans people feeling unsupported
With Donald Trump days away from taking office after piling on transgender people throughout his campaign, some worry Joe Biden did not do enough to shield them from what’s likely to come.NBC News - Jan. 3 -
Biden administration adds exemptions into new climate rules for hydrogen energy
The Biden administration on Friday finalized fairly strict climate rules for the nascent hydrogen energy industry — but the rules contain new flexibilities that are expected to make them less ...The Hill - Jan. 3 -
Biden rejects U.S. Steel-Nippon Steel deal
A government panel failed to reach consensus on national security risks of a proposal for Nippon Steel to purchase U.S. Steel, leaving the decision to the president.CBS News - Jan. 3 -
Biden's final actions as president leave some transgender people feeling unsupported
Some transgender people worry President Joe Biden did not do enough to shield them from the torrent of Trump policies to comeABC News - Jan. 3 -
China Adds to Sanctions of U.S. Defense Contractors Over Taiwan Arms Sales
Beijing sent a fresh warning to President-elect Donald Trump of the tools it can use to protect national interests.The Wall Street Journal - Jan. 3 -
U.S. dollar index hits more than two-year high as markets brace for Trump return
Optimism around the U.S. economy was in focus as markets reopened following disrupted trade over Christmas and the New Year's holiday.CNBC - Jan. 2 -
Mike Waltz: Deadly attacks add urgency to confirming Trump nominees
President-elect Trump's incoming national security adviser argued Monday that the attack in New Orleans that killed 14 people underscored the need to quickly confirm a slew of Cabinet nominees. ...The Hill - Jan. 2 -
Job losses at Europe’s car parts suppliers soar as vehicle market slows
Falling sales growth and excess capacity have led to sector pain that the EV transition is not easingFinancial Times - Jan. 2