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Business 03 Jul 2014 | 6:29 AM

Wall Steet ends flatest session in years; S&P at record

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.

Economy 04 Jun 2016 | 4:20 PM

Wall St sees no rate hike in June; weak US payrolls, ‘Brexit’ weigh

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.

Business 09 Nov 2015 | 12:00 AM

Strong US payrolls help lift retailer hopes frther

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.

Business 07 Dec 2012 | 12:00 AM

Euro falls on grim economic outlook, US data eyed

LONDON: The bleak outlook for the European economy knocked the euro and stalled gains the region's share markets on Friday, as investors waited to see if nonfarm payrolls data in the United States might affect its monetary policy plans.

Business 08 Nov 2013 | 3:30 PM

Asia shares skid to 4-week low, France downgrade gives euro fresh jolt

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.

Business 07 Jul 2016 | 11:01 PM

Jobless claims, hiring data brighten U.S. labor market view

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.

Business 05 Jul 2019 | 11:36 PM

US job growth surges, July rate cut expectations intact

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.

Business 03 Oct 2015 | 12:00 AM

Jobless rate in US unchanged

Payrolls rose less than projected in September, wages stagnated and the jobless rate was unchanged as people left the workforce, signaling the global slowdown and financial-market turmoil are rippling through the world's largest economy.

Corporate News 06 Sep 2018 | 10:39 PM

US weekly jobless claims drop to near 49-year low

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.

Business 05 Jul 2003 | 12:00 AM

US jobless rate in June jumps to nine-year high

The US jobless rate surged to a nine-year high in June as employers cut 30,000 workers from their payrolls, the government said in an unexpectedly gloomy report on the economy on the eve of the country's Independence Day celebrations.