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November jobs report breakdown: Which industries hired the most workers?

November jobs report breakdown: Which industries hired the most workers? The economy added 263,000 jobs in November. FOX Business’ Cheryl Casone with more. US job growth came in stronger than expected in November as a rush of hiring at bars and restaurants helped to offset payroll losses in retail. Employers added 263,000 jobs in November, …

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Elon Musk’s Twitter is beginning to take shape

Elon Musk’s Twitter is beginning to take shape Elon Musk’s Twitter is beginning to take shape. A “general amnesty” has restored hundreds of accounts of right-wing activists and QAnon adherents, according to data reviewed by NBC News. The reinstatement of far-right accounts has coincided with a series of bans of left-wing accounts, leaving users unsure …

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US labor market shrugs off recession fears; keeps Fed on tightening path

US labor market shrugs off recession fears; keeps Fed on tightening path Nonfarm payrolls increase 263,000 in November Unemployment rate steady at 3.7%; attendance rate falls Average hourly earnings rise 0.6%; up 5.1% year-on-year WASHINGTON, Dec 2 (Reuters) – US employers hired more workers than expected in November and increased wages, shrugging off mounting worries …

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As the Fed plans to ‘raise and hold,’ new projections may show the cost

As the Fed plans to ‘raise and hold,’ new projections may show the cost WASHINGTON, Dec 2 (Reuters) – New US Federal Reserve projections, issued later this month alongside an expected half-point interest rate increase, could show the central bank’s target rate headed toward levels last seen on the eve of the 2007 financial crisis, …

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Dow Jones Dives 350 Points On Strong Jobs Report; Tesla Drops After Semi Reveal

Dow Jones Dives 350 Points On Strong Jobs Report; Tesla Drops After Semi Reveal The Dow Jones Industrial Average briefly diverged more than 350 points after a better-than-expected November jobs report Friday morning. Tesla stock dropped after delivering its first all-electric semitrailer truck. X Jobs Report, Earnings Movers The Labor Department’s November jobs report came …

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November jobs report is most important data for inflation this year- and not in a good way

November jobs report is most important data for inflation this year- and not in a good way The November US jobs report on Friday showed the US economy gained 261,000 jobs last month, with the unemployment rate holding steady at 3.7%. Economists polled by the Wall Street Journal had expected an addition of 200,000 jobs. …

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Tesla Stock Falls After Long Awaited Semi Truck Reveal

Tesla Stock Falls After Long Awaited Semi Truck Reveal You’re here (TSLA) unveiled its long awaited Semi, a 18-wheeler long-haul electric freight hauler, Thursday evening, after it was first announced five years ago. Tesla stock angled lower early Friday ahead of market trading. X On Thursday, Tesla held an event at its Nevada battery factory, …

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Binance investigates possible hack affecting a number of crypto tokens

Binance investigates possible hack affecting a number of crypto tokens Hong Kong/New Delhi CNN Business — The crypto industry just can’t catch a break this year. Binance, the world’s biggest cryptocurrency exchange, is investigating a hacking incident that affected a number of crypto tokens Friday. According to its founder and CEO Changpeng Zhao, a private …

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Why the jobs report still matters to investors: Morning Brief

Why the jobs report still matters to investors: Morning Brief This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 am ET. Subscribe Friday, December 2, 2022 Today’s newsletter is by Myles Udland, senior markets editor at Yahoo Finance. Follow him on …

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