U.S. Treasury yield was higher as investors assessed consumers' elevated inflation expectations and a pickup in January wage growth.
US employers added 143,000 jobs in January and the unemployment rate dipped slightly, according to the Labor Department — signs that the labor market is slowing but still looks to be on solid footing.
A striking percentage of job growth has consisted of immigrant workers — with one bank estimating they accounted for as much as two-thirds of the net gains over the last year.
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Investor's Business Daily on MSNHawkish Jobs Report, Higher Inflation Expectations Sink Fed Rate-Cut Odds; S&P 500 Reverses Lower (Live Coverage)Consumer inflation expectations jumped amid Trump tariff threats, the University of Michigan consumer sentiment index showed on Friday. That followed a January jobs report which was, on balance, on ...
WASHINGTON (AP) — U.S. employers added just 143,000 jobs last month, but the unemployment rate fell to 4% to start 2025.
Respondents expect the inflation rate a year from now to be 4.3%, a 1-point jump from January and the highest level since ...
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