Payrolls rose by 263,000 in November, more than expected despite Fed rate hikes
Nonfarm payrolls were expected to increase by 200,000 in November, according to Dow Jones estimates.
Nonfarm payrolls were expected to increase by 200,000 in November, according to Dow Jones estimates.
In a tweet early Wednesday, Musk called on the Fed "to cut interest rates immediately" or risk "amplifying the probability of a severe recession."
Global markets have taken heart in recent weeks from data indicating that inflation may have peaked, but analysts have warned against the return of the...
The core personal consumption expenditures price index was expected to rise 0.3% in October and 5% from a year ago, according to Dow Jones estimates.
The Fed's policy tightening and a strengthening dollar are having a knock-on effect on African nations' balance sheets and public debt burdens.
Federal Reserve Chair Jerome Powell is slated to speak Wednesday at the Brookings Institution.
The Job Openings and Labor Turnover Survey, a closely watched gauge of slack in the labor force, showed there were 10.3 million vacancies for the...
Companies added just 127,000 positions for the month, a steep reduction from the 239,000 the firm reported for October