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USA Markets - There's no jobs report today, but here's what private data is telling us about the labor market
The Bureau of Labor Statistics won't be publishing the October jobs report on Friday. LinkedIn, Bank of America, and more crunched their own numbers.
Private reports suggest US labor market weakened in October
The U.S. economy shed jobs in October amid losses in the government and retail sectors, while cost-cutting and the adoption of artificial intelligence by businesses led to a surge in announced layoffs ...
FTSE 100 closes higher as US markets rally after tech falls
The FTSE 100 regained its poise on Wednesday, closing sharply higher, as US markets stabilised following positive jobs data. The FTSE 100 index closed up 62.12 points, or 0.6%, at 9,777.08. The FTSE ...
Oil prices fall amid broader market selloff, gains in US crude stockpiles
Oil prices fell on Wednesday amid a broader selloff in global financial markets that underscored concerns about economic and fuel demand growth, with a stronger U.S. dollar and reports of rising U.S.
Bessent says US housing market in 'recession' due to Federal Reserve interest rate policies
Treasury Secretary Scott Bessent said the U.S. housing market is in a recession due to high interest rates, and repeated his call for Fed cuts to lower mortgage rates.