Interest Rate Rise
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Interest rate cut bets rise as US job creation slows; FTSE 100 at record high – business live
Rolling coverage of the latest economic and financial news, as latest US non-farm payroll shows weakening job creation. Newsflash: The UK’s services sector has posted the fastest business activity growth in almost a year, reinforcing hopes that ...The Guardian - World -
Interest rates are staying high—how to make them work in your favor
The U.S. Federal Reserve is keeping its benchmark interest rate at its current decades-long high. Savers and borrowers can take advantage of the moment.CNBC - Business -
Weaker-Than-Expected Payrolls Push Down Dollar
The dollar weakened, with the WSJ Dollar Index down, as April jobs report missed expectations.The Wall Street Journal - World -
Norges Bank Holds Rates, Hints at Later Cut
Norway’s central bank held its key policy rate at 4.5% and reiterated that it was likely to stay at that level for some time, as high wage growth and a weak krone keep inflation elevated.The Wall Street Journal - World -
U.S. Stocks Climb After Jobs Report
U.S. stocks were climbing after the latest jobs report showed hiring pulled back sharply in April.The Wall Street Journal - World -
Natural Gas Futures Rise
Natural gas futures rose, supported by lower production and higher power-sector demand with parts of the U.S. heating up.The Wall Street Journal - World -
Eurozone Jobless Rate Still at Record Low
The eurozone’s unemployment held steady in March, a sign of the robustness of the bloc’s jobs market that might be of concern to the ECB as it focuses on the impact of sticky wage growth.The Wall Street Journal - World -
Jobs Report in Focus as Investors Seek Rate Clues
Stock futures ticked higher ahead of an employment report that is expected to show labor-market growth slowing in April.The Wall Street Journal - World