Latest in U.S. payrolls grew by 256,000 in December, much more than expected; unemployment rate falls to 4.1%
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Mortgage rates were expected to fall, but they’re surging. There’s a reason for that.
Rates were supposed to go down — but a strong U.S. economy is getting in the way.MarketWatch - 12m -
Airlines cancel more than 3,000 U.S. flights amid storm, Delta slide evacuation at Atlanta
Flight disruptions stretched from Dallas to Atlanta.CNBC - 23m -
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 - 1h -
The TikTok Ban Is More Likely Than Ever
While Supreme Court justices pressed both sides in Friday’s oral arguments, experts say it’s hard to see how TikTok gets enough votes to survive.Wired - 1h -
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 - 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 -
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 -
Sainsbury's Christmas Sales Grew; Expects Profit in Line With Market Views
The grocer reported sales volume growth for the key Christmas period and expects to deliver retail operating profit for its fiscal year in line with market consensus.The Wall Street Journal - 14h -
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 -
This is how much hotter 2024 was than 2023
Copernicus says the global temperature for all of 2024 was 1.6 degrees above pre-industrial level.ABC News - 5h -
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 - 5h -
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 - 6h -
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 -
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 - 9h -
VW's Scout has more than 50,000 EV reservations as automaker aims to grow U.S. share
LAS VEGAS — Scout Motors has received more than 50,000 refundable reservation deposits for its first electric pickups and SUVs, according to Volkswagen CEO Oliver Blume.NBC News - 1d -
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 - 1d -
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 - 1d -
VW's Scout has more than 50,000 reservations for upcoming EVs as automaker aims to grow U.S. share
Volkswagen, which revived the old American brand, said Scout is part of its plan to grow its market share in the U.S.CNBC - 2d -
Nvidia’s stock falls further — but analysts see a future that’s brighter than ever
Nvidia’s talk of huge market opportunities in autonomous driving and robotics is “potentially comforting for investors thinking about what might come next for the company,” an analyst says.MarketWatch - 2d -
Haberman: Trump Canada expansion talk 'much more of a troll'
New York Times national political correspondent Maggie Haberman said late Tuesday that President-elect Trump’s swipes at Canada being the "51st state" are more of a “troll” than a likely reality. ...The Hill - 2d -
Private sector companies added 122,000 jobs in December, less than expected, ADP says
Job creation eased more than expected in December while wages grew at the slowest pace in nearly 3½ years.CNBC - 2d -
More dangerous winds expected in California
As wildfires continue to spread in Southern California, the worst of the heavy winds haven't even arrived. Lonnie Quinn takes a look at what comes next.CBS News - 2d -
How much money you need to retire in every U.S. state—it's more than $700,000
Retiring in Hawaii costs over twice the U.S. average, making it the most expensive state for retirement.CNBC - 3d -
Euro zone inflation rose to 2.4% in December, meeting expectations
Economists polled by Reuters forecast a reading of 2.4%, up from 2.2% in November.CNBC - 3d -
U.S. transfers 11 Guantanamo detainees to Yemen after more than two decades without charge
The Pentagon said Monday it had transferred 11 Yemeni men to Oman this week after holding them for more than two decades without charge at the U.S. naval base in Guantanamo Bay, Cuba.NBC News - 3d -
New York Crime Rate Falls, but Number of Felony Assaults Rises Again
Killings and shootings have dropped, but headlines have been dominated by terrifying crimes, like the killing of a woman who was burned to death on the F train.The New York Times - 3d -
German inflation rises more than expected to 2.9% in December
German inflation jumped to a higher-than-expected 2.9% in December, German statistics office Destatis said Monday.CNBC - 4d -
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Major winter storm threatens much of the U.S. with intense cold, snow and ice
Tens of millions of Americans braced Sunday for a massive winter storm, expected to bring the heaviest snowfall and coldest temperatures in over a decade to parts of the country.NBC News - 5d -
Eye Opener: Winter storm to hit much of U.S.
Millions of Americans are in the path of the first major winter storm of the year, which is expected to dump snow and ice and create dangerous conditions from the Central Plains to the East Coast. ...CBS News - 6d -
How much will a $10,000 CD earn at today's lower rates?
CD returns on a $10,000 deposit have dropped, but they're not insignificant. Here's how much savers can still earn.CBS News - Jan. 3 -
How much alcohol is bad for you? And more questions, answered.
U.S. Surgeon General Dr. Vivek Murthy is calling for cancer risk warnings to be included on alcoholic beverages, prompting questions about the health impacts of alcohol.CBS News - Jan. 3 -
Cold Snap to Grip Much of the U.S., Followed by Winter Storms
The Arctic air arrives this weekend and could linger into mid-January.The New York Times - 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 -
Jobless claims drop to 8-month low to end 2024. Low U.S. unemployment fuels economy.
The number of people who applied for unemployment benefits after Christmas fell to an eight-month low, capping off a year of remarkably low layoffs in a surprising resilient U.S. economy.MarketWatch - Jan. 2 -
US unemployment claims fall to the lowest level since March
The number of Americans applying for unemployment checks dropped last week to the lowest level since March, suggesting that most workers enjoy unusual job securityABC News - Jan. 2 -
UK house prices rise more than expected in December
Month-on-month increase of 0.7% takes average house price close to record highFinancial Times - Jan. 2 -
Much of the U.S. bracing for a big blast of winter — and serious cold
A blast of Arctic air will send temperatures dropping across the eastern United States this week — and the frigid conditions could linger longer and expose millions to a prolonged and dangerous ...NBC News - Jan. 2 -
The attack was the deadliest in the U.S. in more than a year.
Less than a month ago, New York State authorities charged Luigi Mangione with an act of terrorism in the killing of a health care executive in a shooting in Midtown Manhattan.The New York Times - Jan. 1
