Job gains continue to surge, and the unemployment rate remains low, but as the president seeks re-election, voters say they care more about high prices.
Category: United States Economy
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U.S. Adds 272,000 Jobs in May, an Unexpectedly Strong Pace in Hiring
Hiring levels have eased slightly but remain strong. The data for May, due Friday, is expected to show a gain of 190,000.
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What to Make of the Jobs Report’s Mixed Signals
The monthly data is drawn from two surveys. This time, one was quite strong, and the other flashed warning signs.
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Wage Growth Exceeds Forecasts, Potentially Deterring Fed Rate Cuts
The latest data could add to fears that the labor market remains too hot to bring inflation fully under control.
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The jobs report will be the latest test of the U.S. economy’s resilience.
Hiring levels have eased slightly but remain strong. The data for May, due Friday, is expected to show a gain of 190,000.
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Markets Poised to Take a Jobs Slowdown in Stride
Stocks have recently set records as investors bet that the Federal Reserve might opt to cut interest rates sooner than previously expected.
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Jobs Report Will Be Latest Test of U.S. Economy’s Resilience
Hiring levels have eased slightly but remain strong. The data for May, due Friday, is expected to show a gain of 190,000.
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U.S. Adds Tariffs to Shield Struggling Solar Industry
American solar manufacturers are pushing for further protections for their new factories against cheaply priced imports from China.
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Europe’s Fed Problem
The European Central Bank is widely expected to cut interest rates on Thursday. But how low it can go may ultimately depend on the Federal Reserve.
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E.C.B. Is Likely to Leapfrog the Fed on Interest Rate Cuts
With eurozone inflation falling, the European Central Bank has signaled it is ready to lower rates this week, diverging from the U.S. Federal Reserve.
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Car Deals Vanished During the Pandemic. They’re Coming Back.
Automakers and dealers are starting to offer discounts, low-interest loans and other incentives to lure buyers as the supply of cars grows.