us jobs

stock market news: Stocks, bonds struggle for momentum into US jobs: Markets wrap

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stock market news: Stocks, bonds struggle for momentum into US jobs: Markets wrap

Stocks, bonds and major currencies held to tight ranges Friday as traders prepared for US jobs data that will help determine the size of a Federal Reserve rate cut later this month. Shares in Japan fluctuated, as the yen stabilized after a rally this week, while those in Australia were little changed. Futures for US … Read more

US private sector hiring misses expectations in August, may impact Fed’s rate decision

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US private sector hiring misses expectations in August, may impact Fed’s rate decision

Washington: Hiring in the US private sector markedly undershot analyst expectations in August, said payroll firm ADP on Thursday, as the health of the labor market comes under scrutiny. Private sector employment rose by 99,000 in August while job gains in July were revised down to 111,000, said ADP in a report. A consensus forecast … Read more