Private Sector Job Growth Picks
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U.S. Job Growth Slowed in April
The economy added 175,000 jobs last month, a slowdown in hiring. The unemployment rate ticked up to 3.9 percent.The New York Times - Business -
Jobs growth in the US economy slows
Also in this newsletter: ‘seismic’ by-election results for Labour, and G7 at odds over Russia’s frozen assetsFinancial Times - World -
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 -
U.S. job growth totaled 175,000 in April, much less than expected, while unemployment rose to 3.9%
Markets had expected job growth of 240,000 and the unemployment rate to hold at 3.8%.CNBC - Business -
Job growth slowed as employers added a seasonally adjusted 175,000 jobs in April, and unemployment ticked up to 3.9%, marking a break from a string of data showing surprising strength in the labor market.
Job growth slowed as employers added a seasonally adjusted 175,000 jobs in April, and unemployment ticked up to 3.9%, marking a break from a string of data showing surprising strength in the labor market.The Wall Street Journal - World -
ISM service-sector gauge weakens sharply in April
The Institute for Supply Management said on Friday that its service-sector PMI dropped sharply to 49.4% in April from 51.4% in the prior month.MarketWatch - Business -
Labour to impose VAT on boarding as well as private school fees
Move by main opposition party will dash hopes of many tax advisers who had been hoping for exemptionFinancial Times - World -
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How Markets Are Reacting, in Five Charts
Take a look at how various assets are performing after the release of the April jobs report: U.S. stock futures, the 10-year Treasury yield, Brent crude, gold and the U.S. dollar.The Wall Street Journal - World -
Yellen argues that undercutting democracy threatens economic growth
Treasury Secretary Janet Yellen will argue in a Friday speech that democracy is under threat and that undercutting it will, in turn, threaten economic growth.MarketWatch - Business -
Private equity firms step up plans to edge banks out of low-risk lending
Apollo issues record $40bn of loans in the first quarter, mirroring growth at rivals including KKR and BlackstoneFinancial Times - Business -
Tommy Dorfman wed 'private' person Elise Williams in a secret Santa Monica ceremony
Tommy Dorfman and wife are ready to begin 'celebrating [their] love with the world' after revealing their spur-of-the-moment 2023 elopement.Los Angeles Times - Entertainment -
Flight Centre's Top Executive Sees Growth Without Major M&A
Flight Centre’s top executive says the Australia-based travel company is well-positioned to grow without more major deals, though smaller acquisitions are still possible in specialized areas.The Wall Street Journal - World -
Yellen Calls Threats to Democracy Risks to U.S. Economic Growth
In a rare comment on politics--and an indirect swipe at former President Donald Trump--the Treasury Secretary says "democracy is critical to building and sustaining a strong economy."Inc. - Business -
Bombardier Sets Course Beyond Jet Making for Future Growth
The Canadian business-jet manufacturer said it plans to focus on three segments—defense, aftermarket services and selling pre-owned certified aircraft—as key pillars to grow its revenue and cash reserves in the coming years.The Wall Street Journal - World -
Bombardier Sets Course Beyond Jet Making for Future Growth
The Canadian business-jet manufacturer said it plans to focus on three segments—defense, aftermarket services and selling pre-owned certified aircraft—as key pillars to grow its revenue and cash reserves in the coming years.The Wall Street Journal - Business -
The Government-Spending Jobs Boom
Most new jobs are in healthcare, government and social assistance.The Wall Street Journal - World -
18 of 32 first-round picks from 2021 had their fifth-year options picked up
Four of the five first-round quarterbacks had their options declined.Yahoo Sports - Sports -
Analysis: A Goldilocks Jobs Report for the Fed
The April employment report keeps hopes of a late summer interest-rate cut alive, because it eases fears that the economy reaccelerated in the first quarter.The Wall Street Journal - World - Federal Reserve -
April jobs report falls short
Presented by BP — The jobless rate also rose to 3.9 percent during the same period. {beacon} Business & Economy Business & Economy PRESENTED BY The Big Story US economy adds 175K jobs in April New data shows the economy added 175,000 jobs last ...The Hill - Politics -
The Job Market Shifted Into Lower Gear
Also, a congressman from Texas was indicted. Here’s the latest at the end of Friday.The New York Times - Top stories -
Why the Commanders were 'unanimous' on picking Jayden Daniels at No. 2
The selection of Daniels was months in the making. What sold Washington on making him the face of a new era in D.C.?ESPN - Sports -
There's More to Warren Buffett's Game Than Just Picking Great Stocks
The innovative structure of Berkshire Hathaway stands out—and benefits shareholdersThe 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 -
What to watch today in the April jobs report.
Economists expect another strong month for job creation, even as other indicators of labor demand weaken.The New York Times - Top stories