US jobs gains broadest since January; 336,000 created vs 170,000 eyed Wages unexpectedly came in cooler than expected; holding steady with a 0.2% monthly pac
OANDA Senior Market Analyst Ed Moya reviews the latest market news with Jonny Hart and Trader Nick. Today they discuss Wall Street's reaction to a surprisingly
Festive Season: Increased labor costs and uncertain consumer confidence are cited as the reasons for this trend. Retailers are projected to add just 410,000 seasonal jobs, slightly higher than the number added during the last quarter of the financial recession in 2008. Holiday sales are also estimated to grow at their slowest pace in five years, as consumers become more cautious with their spending.
Biden addressed union workers in Philadelphia as he seeks to make the argument his economic policies are working to a public worried about the economy.
A self-described champion of labor unions, US President Joe Biden addressed union workers in Philadelphia as he sought to explain his economic policies to a public worried about the economy, despite easing inflation and low unemployment levels.