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US employers scaled back hiring in April How that could let the Fed cut interest rates | News, Sports, Jobs

US employers scaled back hiring in April How that could let the Fed cut interest rates | News, Sports, Jobs
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United statesPaul ashworthMichael puglieseJoe bidenRubeela farooqiWells fargoFederal reserveHigh frequencyPresident joeCapital economics

US labour market undershoots forecasts with 175,000 new jobs

WASHINGTON: The US added 175,000 jobs in April, well below expectations and the smallest rise for six months, as the labour market cools in the world’s largest economy.Friday’s non-farm.

New yorkUnited statesJoe bidenKathy bostjancicPaul ashworthVeronica clarkFederal reserveWall streetNorth americaRyan sweetPresident joe biden

Can scaling back on hiring help the Fed cut interest rates?

Employers pulled back on their hiring in April but still added 175,000 jobs in a sign that interest rates may be slowing the job market.

New yorkUnited statesNew jerseySteven kramerRubeela farooqiOnur kutlubayMichael puglieseJoe bidenPaul ashworthFederal reserveWells fargoHigh frequencyPresident joeCapital economicsNew jersey based

Apple adds more than £145bn to its value after unveiling largest share buyback in corporate history

The iPhone maker saw shares jump more than 7 per cent as it revealed it will spend £88billion buying its own stock back from investors.

United statesSouth koreaUnited kingdomSouth koreanTim cookPaul ashworthDanni hewsonFederal reserveNorth americanCapital economicsWall streetGene munsterDeepwater asset managementSilicon valleyFebruary meta

US employers scaled back hiring in April How that could let the Fed cut interest rates

The nation’s employers pulled back on their hiring in April but still added a decent 175,000 jobs in a sign that persistently high interest rates may be starting to slow

United statesNew yorkNew jerseyMichael puglieseSteven kramerRubeela farooqiPaul ashworthJoe bidenOnur kutlubayWells fargoFederal reserveHigh frequencyPresident joeCapital economicsNew jersey basedJobs hiring unemployment economy inflation federal reserve