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NEW YORK: U.S. stocks ended one of their flattest sessions in years on Wednesday as a positive read on private sector employment wasn't enough to interest buyers ahead of the highly anticipated June payrolls report.
NEW YORK: Wall Street’s top banks unanimously expect the Federal Reserve to leave interest rates unchanged this month, results of a Reuters poll showed on Friday, with bank economists pointing to a weakening US employment scene and Britain’s pending vote on remaining in the European Union.
NEW YORK: Against the backdrop of a strengthening labour market, retailers are set to report earnings next week and could help the consumer sector regain the leadership lost to technology in the latest market rally.
TOKYO: Asian shares slumped to a four-week low on Friday after Wall Street suffered its biggest fall in more than two months, as investors looked to the U.S. payrolls data for clues on when the Federal Reserve will scale back its stimulus.
WASHINGTON: U.S. private payrolls increased more than expected in June as small businesses ramped up hiring, and fewer Americans applied for unemployment benefits last week, suggesting a rebound in job growth after May's paltry gains.
WASHINGTON: U.S. job growth rebounded strongly in June, with government payrolls surging, but persistent moderate wage gains and mounting evidence the economy was losing momentum could still encourage the Federal Reserve to cut interest rates this month.
WASHINGTON: The number of Americans filing new claims for unemployment aid fell to near a 49-year low last week and private payrolls rose steadily in August, pointing to sustained labor market strength that should continue to underpin economic growth.