America’s job market demonstrated its stunning resilience Friday, besting expectations by a factor of nearly three and making all those recession forecasts look pretty silly. Earlier this week, the consensus estimate among economists was that the US economy likely added about 185,000 jobs in January. That would have been a solid gain, still above the pre-pandemic average. But the economy had other ideas, adding more than half a million jobs in January.
The Fed can keep hiking rates What’s good news for workers isn’t always great news for Wall Street. Stocks fell Friday morning as the jobs report took investors by surprise and suggested that high interest rates aren’t going away anytime soon. The Fed has made it clear it will keep raising rates to wring excess liquidity from the economy and bring inflation back down to its goal of “around 2%.” By all accounts, inflation is cooling from its 9.1% peak last summer.
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I'm waiting for you to have more GOP analysts. Clearly, 95% is not enough for FOX News minus Tucker. I'm guessing you don't know it, but there's Dem Foreign Affairs analysts too. Clearly even Cooper is on board with your new programming.
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The US economy added a whopper 517,000 jobs in January | CNN BusinessThe US economy added an astonishing 517,000 jobs in January, showing that the labor market isn't ready to cool down just yet, according to new data released Friday by the Bureau of Labor Statistics. Out of touch with the average American! Liar Good man and he shouldn't. However he can take accolades for being a jobs jobs jobs President. Thank you Joe Biden.
Source: CNN - 🏆 4. / 95 Read more »
The US economy added a whopping 517,000 jobs in January | CNN BusinessThe US economy added an astonishing 517,000 jobs in January, showing that the labor market isn't ready to cool down just yet. thats manipulating the data. Most of the jobs added are part time /secondary jobs and clearly shows how bad theyre failing. Ofcourse theyl celebrate this. Oh, that was just me. I needed a side hustle for egg and gas money. ya but that's bad tho right
Source: CNN - 🏆 4. / 95 Read more »
Adani scraps $2.5 billion share sale as value of his empire collapses | CNN BusinessIndian billionaire Gautam Adani on Wednesday abandoned a deal to raise $2.5 billion from investors after a week-long meltdown in the value of his logistics and energy business empire that started when an American short seller accused the conglomerate of fraud. Jaha pukli americki govnari pa otimaju tudju imovinu 😂🤣😂🤣 mungkin sudah takdirnya ditutup pintu yang satu.... dan dibuka pintu yang lainnya....sam kok bagus....
Source: CNN - 🏆 4. / 95 Read more »
Samsung unveils Galaxy S23 lineup with powerhouse camera | CNN BusinessAt its annual Unpacked event on Wednesday, Samsung unveiled its latest Galaxy S smartphones -- and the company is betting that focusing on improvements to the camera will be enough to get consumers to upgrade. Phone cameras were good enough years ago. Come up with something else No sd card no buy Great story! Just kidding. GO AWAY.
Source: cnni - 🏆 326. / 59 Read more »