US dollar bounces back as strong jobs data backs Fed rate-cut pause
The U.S. dollar rallied across the board on Friday after data showed the world's largest economy created more jobs than expected last month, reinforcing expectations that the Federal Reserve will pause its rate-cutting cycle at its policy meeting later this month.
Why U.S. jobs reports suggests Fed may be ‘very comfortable staying put’ on rate cuts
The strength of the U.S. labor market seen in the latest jobs report suggests the country’s economy keeps thriving, which may keep the Federal Reserve on hold from cutting interest rates, according to Seema Shah,
Companies across the U.S., at least four in 10, are likely to cut jobs as artificial intelligence (AI) continues to advance, ...
Jobs and job growth in the U.S. beat expectations, as the unemployment rate fell to 4.1% in December. Meanwhile, these ...
The moves are part of a broader change in Microsoft's approach, which includes taking a harder look at low performers, ...
Employers finished the year with a burst of hiring, adding 256,000 jobs in December. The unemployment rate ticked down to 4.1 ...
Job cuts from U.S.-based companies were the highest they’ve been in 15 years in 2024—with the exception of 2020 job losses ...
U.S. hiring picked up unexpectedly in December as employers added 256,000 jobs, another sign of the economy’s resilience in ...
Healthcare employers announced 51,588 cuts in 2024, down 11.9% from the 58,560 job cuts announced in 2023. Last year, Becker's reported more than 70 hospitals and health systems cutting jobs.
In 2024, job growth continued to cool off, settling back into a familiar gait that was roughly in line with the pace of job creation in 2010-2019.
Residents could pay more for policing as a force warns it has already cut community officer numbers to urgently balance its ...
Microsoft ( MSFT, Financial) is set for another round of layoffs, and sources say these will include underperformers in ...
ZURICH, Dec 29 (Reuters) - Swiss pharmaceutical company Roche (ROG.S), opens new tab is not planning job cuts and its business is healthy, CEO Thomas Schinecker was quoted as saying by a Swiss ...
1don MSN
The number of job cuts announced by U.S. employers in December rose 33% M/M to 38,792, representing an 11% increase from ...
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