U.S. stocks fell and Treasury yields rose Friday after the government reported that employers unexpectedly added 162,000 jobs last month, a development that could increase chances that the U.S. central bank will raise interest rates later this month. The S&P 500 fell 0.4%, though it ...
WASHINGTON (AP) — The U.S. labor market bounced back in August as employers added a surprising 162,000 jobs, ending a summer of lackluster hiring with a bang. The unemployment rate remained at a low 4.1%. Hiring far exceeded the 65,000 jobs that forecasters had expected, according to a ...
NEW YORK (AP) — Former Labor Secretary Lori Chavez-DeRemer oversaw a “toxic, intimidating and humiliating” work environment and engaged in numerous violations of department policy, according to a new report from the department’s Office of Inspector General. The report alleges that ...
U.S. stocks snapped a three-day losing streak Wednesday as gains by big technology companies and relatively steady oil prices and bond yields helped lift the market after a downbeat start to the week. The S&P 500 index rose 0.5%. The Dow Jones Industrial Average rose 0.6%, and the Nasdaq ...
LOS ANGELES (AP) — The NBA imposed a sweeping punishment against the Los Angeles Clippers on Wednesday for violating salary cap circumvention rules, suspending owner Steve Ballmer for one year, fining the team $30 million and forcing it to forfeit five first-round draft picks. Also, ...
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