ShareA continuously hot jobs market could squeeze profit margins and prompt the Fed to hold rates at elevated levels.Friday’s jobs report will be closely watched by investors for any signs that the labor market is finally beginning to crack.
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Chinese graduates lower their ambitions in moribund jobs marketApplied maths graduate Liang Huaxiao tried to land a job with one of China's tech giants for two years. Then she tried customer service and sales. Then she applied for assistant roles in a bakery and in a beauty parlour.
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Stock Market News: ADP jobs, debt deal passes, Macy’s sinks, Elon Musk world’s richestADP jobs report strong, investors optimistic after the debt deal clears the House and heads for the Senate, Macy’s slashes its forecast, while Nordstrom provides a better outlook. Salesforce shares fall on slowing growth and Elon Musk reclaims a top title. FOX Business is providing real-time updates on the markets, commodities and all the most active stocks on the move.
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