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US payrolls rose in March by the most in nearly a year and the unemployment rate dropped, pointing to a strong labor market that’s powering the economy. But the Black jobless rate climbed sharply in March, with Black women seeing the biggest losses. “We’re keeping a very, very close eye on that and we’ll continue […]
US payrolls rose in March by the most in nearly a year and the unemployment rate dropped, pointing to a strong labor market that’s powering the economy. But the Black jobless rate climbed sharply in March, with Black women seeing the biggest losses. “We’re keeping a very, very close eye on that and we’ll continue […]
In February, Nemat Shafik, the president of Columbia University, told the school’s senate that she sensed a “low level of trust” in the administration. There was a feeling, Dr. Shafik said, that “the administration is the enemy,” according to the minutes of her meeting with the senate. If the campus distrusted Dr. Shafik two months […]
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Police arrested dozens of pro-Palestinian demonstrators at New York University in Manhattan on Monday, as authorities stepped up efforts to quell student protests amid scrutiny over antisemitism on US campuses. New York Police Department officers […]
US payrolls rose in March by the most in nearly a year and the unemployment rate dropped, pointing to a strong labor market that’s powering the economy. But the Black jobless rate climbed sharply in March, with Black women seeing the biggest losses. “We’re keeping a very, very close eye on that and we’ll continue […]
(Bloomberg) — Tesla Inc. has cut prices in China and the US, its two key markets, after disappointing first-quarter sales contributed to swelling inventory. Most Read from Bloomberg In China, Tesla lowered prices across its range, with the revamped Model 3 falling to 231,900 yuan ($32,000) from 245,900 previously. The Model Y was discounted to […]
Image caption, Iran is the seventh largest oil producer in the worldArticle information Author, Mariko Oi Role, Business reporter 19 April 2024, 04:41 BST Updated 45 minutes ago Oil and gold prices have jumped after US officials said an Israeli missile had struck Iran. Brent crude, the international benchmark, rose by 1.8% to . . […]
US payrolls rose in March by the most in nearly a year and the unemployment rate dropped, pointing to a strong labor market that’s powering the economy. But the Black jobless rate climbed sharply in March, with Black women seeing the biggest losses. “We’re keeping a very, very close eye on that and we’ll continue […]
(Bloomberg) — Treasury yields edged higher after solid economic data spurred bets the Federal Reserve will be in no rush to cut interest rates. Most Read from Bloomberg Ahead of the start of the Fed’s pre-meeting silent period, the bond market lost traction — with two-year yields approaching the 5% mark. That’s a day after […]
US stock futures stepped higher on Thursday, eyeing a tech-led comeback as upbeat TSMC (TSM) results lifted