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2024-05-03 13:08:11
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US Jobs Report for April Shows Slower but Still-Strong Pace of Hiring
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#fd354de0 ver:0.13

The US jobs report for April shows a slower but still-strong pace of hiring, with 233,000 jobs added. The unemployment rate remains unchanged at 3.8%. Inflation has stalled, raising doubts about Federal Reserve rate cuts. Job openings and the number of Americans quitting their jobs have decreased. Hiring activity has been concentrated in healthcare, hospitality, and government sectors. Average Hourly Earnings are expected to grow by 4.0%. The report provides valuable insights into the US labor market and the overall state of the economy. #USjobs #economy #unemployment #inflation...

#newstr #UsJobsReport #NonfarmPayrolls #JobGrowth #UnemploymentRate #WageInflation #FederalReserve #AprilJobsReport #LaborMarket #Economy #Employment

https://here.news/story/fd354de0?ver=0.13


US Stock Futures Rise on Positive Earnings from Apple and Amgen, Jobs Data Awaited
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#10d0212a ver:0.83

US stock futures rise on positive earnings from Apple and Amgen, with tech sector leading the way. Apple's record buyback and strong sales contribute to market optimism. Nonfarm payrolls data awaited for insight into interest rate outlook. #stocks #earnings #tech #jobsdata...

#newstr #UsStockFutures #Apple #Amgen #NonfarmPayrolls #FederalReserve #InterestRates #JobsReport

https://here.news/story/10d0212a?ver=0.83


US State Department Reaffirms Support for Pakistan's Economic Stabilization Efforts
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#de5f9cda ver:0.78

The US State Department reaffirms support for Pakistan's economic stabilization efforts, including negotiations with the IMF. The recent $1.1 billion tranche from the IMF will contribute to Pakistan's economic stability. Pakistan seeks a new, larger long-term loan to achieve macroeconomic stability and implement reforms. The US encourages Pakistan to prioritize economic reforms. #Pakistan #IMF #economy #stability...

#newstr #Pakistan #Imf #EconomicStabilization #UsSupport

https://here.news/story/de5f9cda?ver=0.78


Kevin O’Leary Predicts No Rate Cuts from the Fed in 2024
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#dbe5a853 ver:0.34

Despite elevated inflation, Kevin O'Leary predicts no rate cuts from the Fed in 2024. He advises Americans to invest under the assumption that interest rates will remain the same. The US economy remains solid with no recession in sight, partly due to low mortgage rates locked in during the pandemic. Unemployment is low, stocks are hitting record highs, and there are no signs of a downturn. The resilience of the economy is attributed to low mortgage rates and stable consumer finances. #Fed #InterestRates #Economy...

#newstr #FederalReserve #InterestRates #Inflation #KevinO'leary #InvestingStrategies

https://here.news/story/dbe5a853?ver=0.34


Yellen Warns of Threats to Democracy and Their Impact on US Economic Growth
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#47a0928e ver:0.23

US Treasury Secretary Janet Yellen warns of threats to democracy and their impact on US economic growth, emphasizing the importance of strong democratic institutions and an independent Federal Reserve. She highlights the risk to the Federal Reserve's independence and the potential economic consequences of a fractured democracy. Yellen's speech diverges from promoting Biden's economic policies and focuses on protecting democracy and maintaining the independence of the Federal Reserve. #Democracy #EconomicGrowth #FederalReserve...

#newstr #JanetYellen #DonaldTrump #Democracy #Economy

https://here.news/story/47a0928e?ver=0.23

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