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The Dow Jones consensus expectation was 110,000. ADP May data showed 38,000 jobs created in leisure and hospitality, 20,000 created in financial services and 8,000 in information.
Investors bought up Treasurys ahead of the Fed meeting, pushing yields lower.
Warning signs percolating out of the private sector could undermine the case that the labor force’s resilience can continue ...
There's only a 2% chance the Fed has enough votes to cut to outstrip Fed Chair Powell's opinion to keep interest rates where ...
Trump blasted Fed Chair Jerome Powell on Truth Social, demanding a rate cut, following the weak ADP jobs report. He criticized Powell for inaction and pointed to Europe’s nine rate cuts as a ...
President Trump's visit to the Fed is the latest development in his long-running fight with Fed Chair Powell that has focused ...
The Schwab US Dividend Equity ETF (SCHD) has remained in a tight range this month. SCHD was trading at $27 on Monday, a range ...
Economists had forecast an increase of 100,000 but declines in business services and education and health care offset increases in leisure and hospitality.
Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Markets jump ...
In today's big story, a worse-than-expected jobs report reinvigorated President Donald Trump's attacks against Fed Chair Jerome Powell to lower rates. (But one corner of the job market is doing ...
President Donald Trump has again pressed Federal Reserve Chair Jerome Powell to lower interest rates, this time after payroll services firm ADP released its lowest private-sector job numbers in years.
Gold prices firmed on Wednesday as weaker-than-expected jobs data fueled hopes of the U.S. Federal Reserve cutting rates sooner than anticipated, while investors also awaited the upcoming non-farm ...