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U.S. labor market slows in April
The U.S. job market appears to have slowed last month. 175,000 jobs were added in April, falling short of expectations, while the unemployment rate came in at 3.9%. CBS News business analyst Jill Schlesinger has more.CBS News - Top stories -
Immigrant workers are helping boost the U.S. labor market
The government predicts that the influx of immigrant workers will grow gross domestic product over the next decade by $7 trillion.CNBC - Business -
The U.S. labor market is shifting toward skilled labor as white-collar hiring slows
America's jobs market increasingly appears to have a steady demand for skilled workers and a flagging interest in hiring more "knowledge-based" professionals.NBC News - Top stories -
How to ensure that Biden’s environmental and labor regulations survive
Even if courts were going to look favorably on some of the Biden regulations, there is a great deal that a potential second Trump administration could do to subvert the rules.The Hill - Politics - Joe Biden -
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 -
Overlooked No More: Min Matheson, Labor Leader Who Faced Down Mobsters
As director of the International Ladies’ Garment Workers’ Union, she fought for better working wages and conditions while wresting control from the mob.The New York Times - Business -
Condé Nast union reaches labor agreement, won't picket Met Gala
Condé Nast employees were set to walk off the job only hours before the Met Gala, chaired by company editorial director Anna Wintour.CBS News - Top stories -
Amazon CEO Jassy's Anti-Union Comments Broke the Law, Says Labor Judge
Claims made on CNBC broadcast that employees "would be better off without" a union were unlawful, a National Labor Relations Board judge ruled.Inc. - Business - Amazon -
Credit cards are the ‘financing of last resort’ for older adults as inflation persists
As inflationary pressures leave older adults with little wiggle room to pay for everyday items and cover emergency costs, credit cards have become the financing method of last resort. As a result, balances have jumped since last year.MarketWatch - Business -
Berkshire Reports Strong Earnings and Formidable Cash Stockpile
The company also disclosed in its first-quarter earnings that it had trimmed its stake in Apple, but Warren Buffett, its C.E.O., said he remained a fan of Apple.The New York Times - Business -
Gold Futures Rise on Promising U.S. Economic Data
Gold futures rose 1% on improved hopes for U.S. interest rate cuts after promising economic data on Friday.The Wall Street Journal - World -
Li Auto Shares Gain on Strong L6 Orders
Li Auto shares rose sharply after the Chinese electric-vehicle maker posted strong orders for its first model priced under 300,000 yuan, or the equivalent of nearly $41,452.The Wall Street Journal - World -
Li Auto Shares Gain on Strong L6 Orders
Li Auto shares rose sharply after the Chinese electric-vehicle maker posted strong orders for its first model priced under 300,000 yuan, or the equivalent of nearly $41,452.The Wall Street Journal - Business -
Trump blames strong dollar for U.S. economy ‘going to hell’
Trump’s economic advisors are ”actively debating ways to devalue the U.S. dollar if he’s elected to a second term,” according to one report.MarketWatch - Business - Donald Trump -
Treasury Yields, Dollar Shed Most of Past Month's Gains
The dollar extended losses to start a week featuring few data points likely to move markets and lots of comments from Federal Reserve officials.The Wall Street Journal - World -
US employers scaled back hiring in April but still added 175,000 jobs
The nation’s employers pulled back on their hiring in April but still added a decent 175,000 jobs in a sign that persistently high interest rates may be starting to slow the robust U.S. job marketABC News - Top stories -
Henderson's Take: Just How Strong Is U.S. Manufacturing? Trucks and Fuel Send a Troubling Message
A recent ISM report suggested manufacturing expanded in March. But truck demand and diesel prices are down.The Wall Street Journal - World -
Suárez has strong 6-inning outing as the streaking Phillies rout the Giants 14-3
Ranger Suárez pitched six strong innings, Whit Merrifield homered and the streaking Philadelphia Phillies routed the San Francisco Giants 14-3 on Saturday nightABC News - Sports - MLB -
Guardians prospect Chase DeLauter, No. 46 in MLB, breaks foot again, sidelining outfielder after strong spring
DeLauter had surgery on the same foot while playing at James Madison UniversityCBS Sports - Sports - MLB -
Rays beat Mets 3-1 to spoil strong MLB debut by New York's Scott; Cash picks up 755th victory
Pinch hitter Austin Shenton’s bases-loaded walk scored a tiebreaking run in the eighth inning and the Tampa Bay Rays beat the New York Mets 3-1 on Saturday nightABC News - Sports - MLB -
Auto & Transport Roundup: Market Talk
Read about TransDigm, Norfolk Southern, Westports Holdings and more in the latest Market Talks covering the Auto & Transport sector.The Wall Street Journal - World -
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 -
Energy & Utilities Roundup: Market Talk
Find insight on oil futures, the U.S. rig count, the Trans Mountain oil pipeline and more in the latest Market Talks covering the Energy & Utilities sector.The Wall Street Journal - World -
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 -
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Financial Services Roundup: Market Talk
The latest Market Talks covering Financial Services.The Wall Street Journal - World -
Basic Materials Roundup: Market Talk
The latest Market Talks covering Basic Materials.The Wall Street Journal - World -
Apple sales fall in nearly all countries
The tech giant says demand for its smartphones fell more than 10% in the first three months of the year.BBC News - Top stories - Apple -
Have you sold your property ‘off market’?
FT Money wants to hear about your experiencesFinancial Times - World -
U.S. Job Market Eases, but Hiring Remains Firm
Employers added 175,000 jobs in April, a milder pace than in the winter months, though layoffs have remained low and most sectors appear stable.The New York Times - Business -
Tech, Media & Telecom Roundup: Market Talk
Read about Cloudfare, Apple, Trimble, Universal Music and more in the latest Market Talks covering the Tech, Media & Telecom sector.The Wall Street Journal - World