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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 - 5h -
The Fed Is in No Rush to Cut Rates
Fed officials have signaled that it will take more than one weak report to convince them that the labor market is deteriorating.The New York Times - 6h -
Rate-Cut Decision Was Narrow, Fed Minutes Show
Stubborn inflation, and potential tariffs, make future rate cuts uncertain.The New York Times - 1d -
Surprising December jobs growth is denting chances of a first-half Fed rate cut
Friday’s unexpectedly big increase in December nonfarm payrolls was leading to a reduced market-based likelihood for any rate cut by the Federal Reserve until September, based on one method of ...MarketWatch - 3h -
Stocks and Bonds Fall After Strong Jobs Report Fuels Interest Rate Concerns
Stronger-than-expected data on the labor market has intensified concerns that the economy continues to run at a solid pace, amplifying fears about stubborn inflation.The New York Times - 3h -
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 - 4h -
30-year Treasury yield briefly breaks 5% after strong December jobs report
Yields on 10- and 30-year U.S. government debt looked to be on track for their highest levels in more than a year on Friday after December payroll data came in stronger than expected, reducing ...MarketWatch - 4h -
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 - 22h -
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
More from CBS News
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2 ways to use your home equity in 2025 (and 2 to avoid)
Home equity loans and HELOCs can be valuable financial tools in 2025 if used for these specific reasons.CBS News - 21m -
4 injured after Delta flight aborts takeoff at Atlanta airport
Approximately 200 passengers evacuated the plane through emergency slides and some were seen running through the snow, away from the aircraft.CBS News - 24m -
Biden extends legal status of nearly 1 million immigrants
The Biden administration announced it would extend the temporary legal status of nearly 1 million immigrants from El Salvador, Sudan, Ukraine and Venezuela.CBS News - 24m -
Bob Menendez to be sentenced in bribes case
Former New Jersey Sen. Bob Menendez may be sentenced to prison time after being convicted on 16 corruption charges. CBS News' Nikole Killion reports.CBS News - 29m -
Supreme Court TikTok arguments touched on free speech
The Supreme Court heard arguments on a law passed by Congress to ban TikTok in the U.S. CBS News' Catherine Cole breaks down what was said about free speech and China's influence on the social ...CBS News - 33m
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Second pair of lynx captured in Cairngorms
Two other lynx were captured in the same area on Thursday.BBC News - 8m -
California fires live updates: If you fly a drone, you'll be prosecuted, DA warns
At least 10 people are dead and many more injured as several fires broke out across Southern California amid historically dry and windy conditions.ABC News - 10m -
Snow and Ice Pound the South, Snarling Travel
A winter storm was sweeping across a wide swath of the South on Friday. Atlanta’s airport issued a ground stop after a plane was evacuated onto a snowy runway.The New York Times - 10m -
California wildfires maps show evacuations, power outages, air quality
Wildfires are tearing through thousands of acres in Los Angeles County in California, as strong Santa Ana winds stoke the blazes.ABC News - 14m -
Large Blaze Ravages Bronx Apartment Building, Leaving Many Displaced
Over 200 firefighters and emergency medical workers responded to the fire early Friday. There were no fatalities or life-threatening injuries.The New York Times - 15m