US non-farm payroll report is taking center stage today as markets look for confirmation of Fed’s anticipated decision to pause rate cuts this month. Recent comments from multiple Fed officials have highlighted a cautious approach to further monetary easing, with a consensus forming that the central bank is nearing a pause in its rate-cutting cycle.
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Getty Images December’s job report marked yet another month of stronger-than-expected growth, with gains coming from many different parts of the U.S. economy. Last month, health-care and social assistance jobs saw the largest gains for a third consecutive month, adding 69,500 to payrolls, according to data from the Bureau of Labor Statistics. Including private education,
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Crude oil is settling at $76.57 per barrel, up $2.65 or 3.56%. The price reached a 3- month high today. New U.S. sanctions targeting Russia’s oil exports helped to contribute to the rise. The Biden administration imposed sanctions on Russian oil producers Gazprom Neft and Surgutneftegas, their subsidiaries, over 180 vessels, oil traders, oilfield service
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The December 2024 U.S. jobs report was released at 8:30 AM ET, and showed strong job growth, with non-farm payrolls increasing by 256,000, significantly beating expectations of 160,000. The unemployment rate dropped to 4.1% (unrounded 4.0855%), lower than the expected 4.2%. The labor force participation rate held steady at 62.5%, while the broader U6 underemployment
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In this article 2330-TW Follow your favorite stocksCREATE FREE ACCOUNT The logo for Taiwan Semiconductor Manufacturing Company is displayed on a screen on the floor of the New York Stock Exchange on Sept. 26, 2023. Brendan Mcdermid | Reuters Taiwan Semiconductor Manufacturing Co. posted December quarter revenue that topped analyst estimates, as the company continues
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