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,
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
Kolkata: Indians have an estimated 22,000 tonnes of gold lying in their households, equivalent to what the country would have imported in 26 years to make jewellery, bars and coins. To unleash this idle gold and help reduce imports, gold trade bodies have written to the government, urging to make the Gold Monetisation Scheme (GMS)
In this article WBA Follow your favorite stocksCREATE FREE ACCOUNT People walk by a Walgreens on Nov. 3, 2024 in Brookline, Massachusetts. Danielle DeVries | CNBC Walgreens on Friday reported fiscal first-quarter earnings and revenue that topped expectations, as it shutters stores and cuts other costs to steer itself out of a rough spot. Here’s
The Dow Jones tumbled 700 points on Friday after NFP figures surged in December. Market bets for Fed rate cuts sank, rate traders now expect a single rate cut this year. Consumer sentiment and inflation expectations also rose, further hitting risk appetite. The Dow Jones Industrial Average (DJIA) took a hard hit on Friday after
Dollar is charging higher in early US session, buoyed by a strong set of employment data. Non-farm payrolls surged well above expectations in December, while the unemployment rate unexpectedly ticked lower. This set of data solidified the market’s belief that Fed will pause rate cuts at its upcoming meeting later this moth, with the probability
A jobseeker holds flyers during the New York Public Library’s annual Bronx Job Fair & Expo at the the Bronx Library Center in the Bronx borough of New York, on Sept. 6, 2024. Yuki Iwamura | Bloomberg | Getty Images The unemployment rate fell for Black women in December, following an alarming increase in the
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
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
Oil prices rose in early Asian trade and were on track for a third straight week of gains with icy conditions in parts of the United States and Europe driving up fuel demand for heating. Brent crude futures climbed 24 cents, or 0.3%, to $77.16 a barrel at 0138 GMT. U.S. West Texas Intermediate crude
Constellation Brands put up such disappointing quarterly results before Friday’s opening bell that we’re having second thoughts about whether the beer, wine and spirits stock still belongs in the portfolio. Net sales for the three months ended Nov. 30 were largely flat year over year, coming in at $2.46 billion, missing the $2.53 billion expected,
EUR/USD dives to near 1.0200 on surprisingly robust US NFP data. US President-elect Donald Trump is expected to declare a national economic emergency. The Euro gains despite traders price in four interest rate cuts by the ECB this year. EUR/USD posts a fresh more-than-two-year-low near 1.0200 in Friday’s North American session. The major currency pair slides vertically as the United
Dollar holds onto its leadership position as markets await the US non-farm payroll report. Investors expect the data to reinforce Fed’s decision to pause rate cuts this month, particularly if the report confirms continued labor market strength. In such a scenario, rising US Treasury yields could further bolster the greenback. However, any post-NFP rally might
Fundamental Overview The Nasdaq has been stuck in a big range since the last FOMC decision as the market perceived it as more hawkish than expected. The Fed continues to place a great deal on inflation progress to proceed with further rate cuts as highlighted by Fed’s Waller this week. Therefore, the market is waiting
Gold (XAU/USD) daily chart The precious metal is keeping a solid bounce off its 100-day moving average (red line) to start the new year, now trading up to $2,680 this week. A test of the $2,700 level beckons, before potentially revisiting the end-November and December highs around $2,725-26 next. A major positive for gold to
Gold February futures contracts at MCX opened slightly higher on Friday at Rs 78,311/10 gram, which is up by 0.27% or Rs 207 while silver March futures contracts inched higher to open at Rs 92,160/kg, up by nearly 0.5% or Rs 449. Gold prices increased by Rs 1,560/10 grams in January so far while silver
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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