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For months, the economy has been like a jigsaw with one mismatched piece: Consumer spending has been holding up and overall growth has been solid, but the job market has looked treacherously wobbly. As of Friday, the last piece of that puzzle is finally clicking into place. Fresh employment data for September showed that hiring […]
Tickets for the North American leg of Oasis’ highly-anticipated 2025 tour go on sale Friday, just after experts issued warnings for fans trying to purchase them ahead of time amid massive global demand. After an abrupt break-up in 2009, the Britpop band known for worldwide smash hits such as “Wonderwall” and “Don’t Look Back In Anger” are […]
Traders work on the floor of the New York Stock Exchange during morning trading in New York City. Michael M. Santiago | Getty Images The S&P 500 edged higher on Friday after an expectation-defying jobs report left investors wondering what’s next for the path of interest rates. The broad index rose 0.4%, while the Nasdaq […]
The September jobs report, showing a big 254,000 increase in employment, may have been flattered by seasonal adjustments. Every year since 1997 the private sector has lost jobs in September, with the lone exception of the pandemic year in 2020. (Thanks to Richard Moody of Regions Financial for that piece of data). How come? Young […]
The US labor market added far more jobs than projected in September while the unemployment rate unexpectedly ticked lower, reflecting a stronger picture of the jobs market than Wall Street had expected. Data from the Bureau of Labor Statistics released Friday showed the labor market added 254,000 payrolls in September, more additions than the 150,000 […]
Federal Reserve Chair Jerome Powell holds a press conference in Washington, DC, on September 18. Mandel Ngan/AFP/Getty Images Federal Reserve Chair Jerome Powell and his colleagues at the central bank are keenly aware that the labor market is weakening. “By so many measures, the labor market is still solid, but it really has cooled,” Powell […]
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Former president Barack Obama will crisscross the battleground states for Kamala Harris, with a kickoff in all-important Pennsylvania next week, according to a senior Harris campaign official. Obama will hold his first event in Pittsburgh, Pennsylvania next Thursday, the beginning of a blitz across the handful of rust belt and sun belt states that will […]
While much of the world has eyes on Israel’s battles with Hezbollah and Hamas, the U.S. Navy has its sights set on another of Iran’s proxies, the Yemeni Houthi rebels. With a mission to keep international waterways at peace, the Navy now finds itself fending off attacks from the shadowy gang of pirates who have […]