• Wall Street ends higher as data eases inflation fears

    7 monthes ago - By Reuters

    Wall Street rose more than 1 percent on Friday. As Fred Katayama reports, weaker-than-expected wage growth helped calm investor fears about rising rates and inflation.
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  • Wall St. rallies as inflation fears ebb; Apple hits record high

    7 monthes ago - By Reuters

    NEW YORK - The three major U.S. stock indexes rose more than 1 percent on Friday after weaker-than-expected U.S. wage growth helped to calm investor fears about rising interest rates and inflation, though the S&P 500 and Dow Industrials still posted losses for the week.
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  • AAR: Rail Carloads Up 3.3% YoY, Best April Ever for Intermodal

    AAR: Rail Carloads Up 3.3% YoY, Best April Ever for Intermodal

    7 monthes ago - By Calculated Risk

    From the Association of American Railroads Rail Time Indicators. Graphs and excerpts reprinted with permission.
    April was a very good month for U.S. rail traffic. Fifteen of the 20 carload commodity categories the AAR tracks saw higher carloads in April 2018 than in April 2017 - 15 is the most since January 2015. Total carloads were up 3.3% in April ...U.S. intermodal volume in April 2018 was up 6.8%, or 69,630 units, over April 2017. April was the 15th straight year-over-year monthly increase for intermodal, dating back to February 2017. Average weekly intermodal volume in April 2018 was...
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  • College grads should have a relatively stress-free job search this year - but economists worry for the Class of 2019

    7 monthes ago - By Chron

    Justin Sullivan/Getty Images
    Low unemployment as reported in April jobs report means that the the job search for recent college grads isn't going to be too stressful.
    Growth industries like medicine, software, and information security are forecasted to grow by more than 30% each in the next eight years, according to the Bureau of Labor Statistics.
    But job growth is slowing down overall, which will complicate things for the next batches of college grads.
    Unemployment in the US fell below 4% in April for the first time since 2000, Business Insider's Akin Oyedele reported.
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  • 2nd-longest US expansion on record keeps churning out jobs

    7 monthes ago - By Chron

    WASHINGTON - The U.S. economy has delivered steady if only modest gains for most Americans since the Great Recession ended in 2009. It's been a frustration for many.
    Yet the very sluggishness of the economic expansion helps explain why it's now the second-longest on record and why more of the country might soon benefit from higher pay.
    Nearly nine years into the recovery, the job market keeps delivering: The government said Friday that employers added 164,000 jobs in April - the 91st straight month of hiring growth, the longest such streak on record. More tellingly, the unemployment rate...
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  • What's wrong here? Unemployment is below 4 percent, but wage growth is still lousy

    7 monthes ago - By Washington Post


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  • U.S. Unemployment Dips Below 4 Percent For The First Time In More Than 17 Years

    7 monthes ago - By NPR

    The nation's unemployment rate fell below 4 percent for the first time in more than 17 years. That's according to the government's monthly employment report released Friday. Employers added 164,000 workers to payrolls.
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  • Tequila Is Becoming More Than Just a Special Cinco de Mayo Drink

    7 monthes ago - By Fortune

    If your Cinco de Mayo plans this weekend include sipping some tequila , you're not alone.
    Tequila sales in the U.S. continue to grow. Last year, 17.2 million 9-liter cases of tequila were sold, an 8.5% increase from 2016, according to the Distilled Spirits Council.
    And the buzz around the liquor, made the blue agave plant, doesn't appear to be slowing. Celebrities like George Clooney, Diddy, and Justin Timberlake have jumped into the tequila-making business. Even the Backstreet Boys are looking to get in on the action. And large companies are snapping up tequila makers with the high-end...
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  • Apple leads Wall Street rally as inflation fears ease

    7 monthes ago - By Reuters

    NEW YORK - Apple and other technology stocks led a rally on Wall Street on Friday after weaker-than-expected U.S. wage growth data eased concerns about faster interest-rate hikes.
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  • The unemployment rate is at its lowest level since 2000: Bureau of Labor Statistics

    7 monthes ago - By Inman

    After a disappointing March where only 103,000 jobs were created, this month's U.S. Bureau of Labor Statistics employment situation report is back on the upward track - although it's still nowhere near February's explosive growth in the construction, retail, manufacturing, mining and business services.
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  • College grads should have a relatively stress-free job search this year - but economists worry for the Class of 2019

    College grads should have a relatively stress-free job search this year - but economists worry for the Class of 2019

    7 monthes ago - By Business Insider

    Low unemployment as reported in April jobs report means that the the job search for recent college grads isn't going to be too stressful.
    Growth industries like medicine , software, and information security are forecasted to grow by more than 30% each in the next eight years, according to the Bureau of Labor Statistics .
    But job growth is slowing down overall, which will complicate things for the next batches of college grads.
    Unemployment in the US fell below 4% in April for the first time since 2000, Business Insider's Akin Oyedele reported.
    US companies also added jobs for a...
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  • U.S. job growth picks up, unemployment rate falls to 3.9 percent

    7 monthes ago - By Reuters

    WASHINGTON - U.S. job growth increased less than expected in April and the unemployment rate dropped to near a 17-1/2-year low of 3.9 percent as some out-of-work Americans left the labor force.
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  • Labor Department Statistics Show Insurance Industry Lost 3,800 Jobs in April

    7 monthes ago - By A.M. Best

    The insurance industry lost 3,800 jobs in April from March, according to preliminary figures from the U.S. Labor Department's Bureau of Labor Statistics.
    Numbers from March and April remain ...
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  • Unemployment rate falls below 4 percent for first time since 2000 - but for a bad reason

    Unemployment rate falls below 4 percent for first time since 2000 - but for a bad reason

    7 monthes ago - By Stl Today

    WASHINGTON - The U.S. labor market improved somewhat last month, adding a solid 164,000 net jobs while the unemployment rate reached a new milestone, falling below 4 percent for the first time since 2000, the Labor Department said Friday. But...
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  • US adds a modest 164,000 jobs; unemployment down to 3.9 pct

    7 monthes ago - By Chron

    WASHINGTON - U.S. employers stepped up hiring modestly in April, and the unemployment rate fell to 3.9 percent, evidence of the economy's resilience amid the recent stock market chaos and anxieties about a possible trade war.
    Job growth amounted to a decent 164,000 last month, up from an upwardly revised 135,000 in March, the Labor Department said Friday. The unemployment rate fell after having held at 4.1 percent for the prior six months largely because fewer people were searching for jobs.
    The gains reflect an economy that has been steadily expanding for almost nine years, gradually...
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  • Google to verify identity of US political ad buyers

    7 monthes ago - By Chron

    SAN FRANCISCO - Google says it will do a better job of verifying the identity of political ad buyers in the U.S. by requiring a government-issued ID and other key information.
    Google will also require ad buyers to disclose who is paying for the ad. Google executive Kent Walker is repeating a pledge he made in November to create a library of such ads that will be searchable by anyone. The goal is to have this ready this summer.
    Google's blog post comes short of declaring support for the Honest Ads Act, a bill that would impose disclosure requirements on online ads, similar to what's...
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