Latest in U.S. stocks got clobbered Friday despite a blockbuster jobs report. What’s going on?
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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 - 2h -
U.S. stocks got clobbered Friday despite a blockbuster jobs report. What’s going on?
Rising bond yields are heaping pressure on equities as investors fear a resurgence of inflation.MarketWatch - 5h -
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 - 6h -
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 - 8h -
Biden: 'We've still got a long way to go' to combat California wildfires
President Biden and Vice President Harris received a briefing on the ongoing efforts to combat the devastating wildfires in California. President Biden pledged additional federal support but ...NBC News - 9h -
Report: Sabres & Red Wings Almost Made Blockbuster Trade
The Sabres and Red Wings reportedly got close to making a major move.Yahoo Sports - 12h -
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 - 13h -
U.K. Grocers' Stocks Fall on Cost Woes Despite Positive Christmas
Shares in Tesco, Sainsbury’s and M&S have fallen as higher salaries and increased national insurance contributions, together with inflation and higher-for-longer interest rates, set the tone for a ...The Wall Street Journal - 14h -
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 - 11h -
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 - 12h -
Jensen Huang crushed the quantum stocks, and now Martin Shkreli is going for the kill
So-called ‘Pharma Bro’ says he’s short the likes of Rigetti Computing as market resembles the dotcom bubbleMarketWatch - 13h -
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 - 14h -
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 - 14h -
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 - 16h -
Report: Steve Spagnuolo has three interviews scheduled for Friday
Chiefs defensive coordinator Steve Spagnuolo has a busy itinerary Friday.Yahoo Sports - 1d -
Heavy Snow and Ice Is Forecast for Southern U.S. on Thursday and Friday
Parts of Texas, Oklahoma and Arkansas began to see snowfall on Thursday as Southern states stretching to the Carolinas brace for the storm to reach them on Friday.The New York Times - 1d -
Everton, P'borough clash to go ahead despite snow
Everton's FA Cup third-round match against Peterborough on Thursday night is set to go ahead despite icy conditions on Merseyside.ESPN - 1d -
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 -
Report: Chris Spielman will interview for Jets G.M. job
The unsung hero of the resurgence of the Detroit Lions is finally getting his due.Yahoo Sports - 2d -
Bill Belichick has no plans on returning to NFL despite Tom Brady reaching out about Raiders job, per reports
It looks like there won't be a reunion in Las VegasCBS Sports - 2d -
Mexico-U.S. Migration: What to Know
Donald J. Trump has said that Mexico is allowing an “invasion” of migrants into the United States. But the current situation on the ground tells a different story: Unlawful crossings at the ...The New York Times - 2d -
N.Y. appellate judge allows Trump's Friday hush money sentencing to go forward
A New York appeals court judge Tuesday denied Donald Trump's bid for an emergency order halting the president-elect's scheduled sentencing Friday on criminal charges in the hush money case.NBC News - 3d -
Dozens of lawmakers beat stock market in 2024: Report
The stock portfolios of more than two dozen lawmakers once again outperformed the market as bans on congressional stock trading stalled, according to a new report from the trading trackers at ...The Hill - 3d -
Tech stocks got slammed because economic data sparked a jump in bond yields
Data on job openings and service-sector activity sent markets into “good news is bad news” mode on Tuesday.MarketWatch - 3d -
LGBTQ rights group reports progress at U.S. companies despite conservative backlash
The HRC said that more companies are providing strong benefits and protections to LGBTQ employees despite conservative backlash in recent years.NBC News - 3d -
Bank of America’s stock could go up 20% in 2025, says this analyst
UBS’s Erika Najarian upgrades Bank of America to buy from neutralMarketWatch - 3d -
Liverpool-Man Utd to go ahead despite heavy snow
Liverpool's Premier League game against Manchester United on Sunday is set to go ahead despite heavy snow in the north of England.ESPN - 5d -
New York becomes the first U.S. city with a congestion charge despite opposition
Motorists entering Manhattan’s busiest neighborhoods will now have to pay up to $9 in congestion charges, as New York City’s first-in-the-nation Congestion Relief Zone officially launched Sunday.NBC News - 5d -
Marcus Rashford at Manchester United. What’s Going on?
The England striker is one of the team’s highest earners but has been absent during a crucial period for his club.The New York Times - 6d -
What’s going to happen with Social Security and Medicare in 2025?
What retirees should know about these important benefits heading into the new year.MarketWatch - 6d -
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 -
Stocks will struggle under Trump if this rate keeps going higher
U.S. debt concerns and higher Treasury yields may be stumbling blocks for stocks in 2025.MarketWatch - 6d -
Tesla’s stock got a big Trump bump. Now Elon Musk needs to get back to work.
Some of the question marks for the coming year: How will Chief Executive Elon Musk’s foray into politics will play out? And how fast and seamless will Tesla’s new projects, including a cheaper EV ...MarketWatch - 6d -
Here's why one of our favorite industrial stocks is up more than 3% Friday
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.CNBC - Jan. 3 -
U.S. Steel stock tumbles to almost half of what Nippon Steel offered after Biden rejection
Investors were betting on a grim future for U.S. Steel after President Joe Biden used his legal authority to block the acquisition by Nippon Steel of Japan on Friday.MarketWatch - Jan. 3 -
Jim Cramer's top 10 things to watch in the stock market Friday
Shipments from Tesla's Shanghai factory posted their first annual decline. A study on GLP-1 user behavior also caught my eye.CNBC - Jan. 3 -
Biden to announce decision on U.S. Steel acquisition as early as Friday
President Biden announced Friday he would reject Nippon Steel's proposed acquisition of U.S. Steel.CBS News - Jan. 3 -
A quarter of a century on: what we got right and wrong about sport’s future
From VAR to the rise of women’s sport, the media’s finest were hit and miss in predicting how things would develop. Imagine tumbling back in time to 1 January, 2000. You pick up the 70p Saturday ...The Guardian - Jan. 2
