U.S. employers posted the most open jobs in December in the nearly two decades that records have been kept, evidence that the job market is strong despite several challenges facing the economy.
The two best performers among the Group of Seven economies in the third quarter almost certainly took separate paths in the fourth, as Britain suffered a Brexit reality check, while the United States sailed on despite the trade war it has sparked.
The U.S.-European trade truce struck last summer that’s helped keep punitive tariffs at bay is at risk of unraveling, with America’s top diplomat to the European Union citing a lack of good will and progress in negotiations.
The Federal Reserve’s pause on further tightening, and the chance of a positive surprise from China’s economy, have strategists at JPMorgan Chase & Co. beefing up risk-taking positions, cutting cash levels and favoring industrial metals.
Stocks fell sharply on Thursday after CNBC reported that a meeting between President Donald Trump and Chinese President Xi Jinping is unlikely before a key March deadline.
Job growth in January shattered expectations, with nonfarm payrolls surging by 304,000 despite a partial government shutdown that was the longest in history, the Labor Department reported Friday.
The Federal Reserve opted not to raise interest rates during its policy meeting this week and pledged that future moves will be done patiently and with an eye toward how economic conditions unfold.
US-China trade will probably get worse before it gets better, says China advisor Robert Kuhn, long-time advisor to the Chinese government, joins "Squawk on the Street" to discuss what's at stake as U.S-China trade talks begin.
Private payrolls grew in January at a much faster pace than expected as the labor market shrugged off the longest U.S. government shutdown in history, according to data released Wednesday by ADP and Moody’s Analytics.