• U.S. job growth cools in November

    2 days ago - By Reuters

    U.S. job growth slowed in November, suggesting some moderation in economic activity that could support expectations of fewer interest rate increases in 2019. Fred Katayama reports.
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  • Jobs report misses estimates as unemployment holds at 49-year low

    2 days ago - By Chron

    Grigory Dukor/Reuters
    Employers hired fewer people than forecast in November, according to the monthly jobs report from the Bureau of Labor Statistics.
    Wage growth increased in line with expectations, holding at its fastest year-on-year rate since the financial crisis.
    The jobs report provides a high-level diagnosis of the US economy, and November's report indicated a slight slowdown.
    US employers hired fewer people than forecast in November as the unemployment rate held at a 49-year low, according to the jobs report from the Bureau of Labor Statistics released Friday.
    Nonfarm payrolls...
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  • Stocks Open Lower and Bonds Fluctuate After November Jobs Report

    2 days ago - By Fortune

    U.S. stocks opened lower, Treasuries tried to push higher and the dollar dropped after weaker-than-expected jobs data bolstered speculation the Federal Reserve may have room to slow tightening next year. Oil jumped after OPEC ministers agreed on output cuts.
    The S&P 500 vacillated before declining as the data failed to address concern whether the economic growth may be slowing. The 10-year Treasury yield slipped as low as 2.86 percent and the dollar slid against major peers as investors assessed whether the report will bolster central-bank doves.
    "It was a Goldilocks report," said Alec...
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  • Investors flee bonds and stocks in turbulent week for growth and trade

    2 days ago - By Reuters

    Investors pulled billions from bonds and stocks this week as U.S. bond movements triggered fears over global growth and a trade tussle between the United States and China heated up, strategists at Bank of America Merrill Lynch said on Friday.
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  • OPEC, Russia agree to slash oil output despite Trump pressure

    2 days ago - By Reuters

    OPEC and its Russia-led allies agreed on Friday to slash oil production by more than the market had expected despite pressure from U.S. President Donald Trump to reduce the price of crude.
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  • Vanilla-Flavored Jobs Report Seems to Settle Market After Volatile Week

    2 days ago - By Forbes

    We arguably got the perfect jobs report for a crazy week, with little in it that has any chance of changing expectations for the bond market. Job growth was a bit under expectations, and that could help ease any fears of potential overheating.
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  • U.S. job growth cools in November, monthly wage gains modest

    2 days ago - By Reuters

    U.S. job growth slowed in November and monthly wages increased less than expected, suggesting some moderation in economic activity that could support expectations of fewer interest rate increases from the Federal Reserve in 2019.
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  • Analysts Expect 12% Upside For The Holdings of The iShares U.S. Medical Devices ETF

    2 days ago - By Forbes

    For the iShares U.S. Medical Devices ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $235.55 per unit.
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  • Futures cut losses as jobs data eases rate hikes fears

    2 days ago - By Reuters

    U.S. stock futures recovered from slight losses to trade flat on Friday after data showed a slowdown in U.S. jobs growth in November, pointing to fewer future rises in interest rates.
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  • US hiring slowed to 155K jobs, jobless rate stayed 3.7%

    2 days ago - By Chron

    WASHINGTON - U.S. employers pulled back on hiring in November, adding just 155,000 jobs. That's below this year's average monthly gains but enough to suggest that the economy is expanding at a solid pace despite sharp gyrations in the stock market.
    The Labor Department says the unemployment rate remained 3.7%, nearly a five-decade low, for the third straight month. Average hourly pay rose 3.1% from a year ago, matching the previous month's figure, which was the best since 2009.
    The economy is expanding at a healthy pace but rising trade tensions between the U.S. and China, ongoing interest...
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