Friday, August 5, 2022

Massive jobs surprise: US economy added 528,000 jobs in July

The US economy has now regained all jobs lost during the pandemic, after a blowout July jobs report that showed a gain of 528,000 jobs, according to data released Friday by the Bureau of Labor Statistics.
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Massive jobs surprise: US economy added 528,000 jobs in July
The US economy has now regained all jobs lost during the pandemic, after a blowout July jobs report that showed a gain of 528,000 jobs, according to data released Friday by the Bureau of Labor Statistics. Read more »
 
The Choco Taco is not quite dead yet
A few weeks ago, Klondike appalled the internet when it said that the Choco Taco would be discontinued. This week, it reversed course, saying the beloved ice cream treat may be coming back — eventually. Read more »
 
America has fewer open jobs. Is that reason to worry?
For the past year, America has had a glut of open jobs. Restaurants, airlines and retail stores have raced to recruit enough people to meet a surge in demand, dangling sign-on bonuses and more attractive wages. Time after time, they've come up short. Read more »
 
Ex-Fed insider: A full-blown recession is 'almost certainly' coming
The Federal Reserve's war on inflation will eventually kill the economic recovery from Covid-19, former Fed official Bill Dudley warns. Read more »
 
America has fewer open jobs. Is that reason to worry?
For the past year, America has had a glut of open jobs. Restaurants, airlines and retail stores have raced to recruit enough people to meet a surge in demand, dangling sign-on bonuses and more attractive wages. Time after time, they've come up short. Read more »
 
Oil slides under $90 to fresh six-month lows on demand worries
The selloff in the oil market gathered momentum Thursday on growing concerns about weakening demand for gasoline. Read more »
 
 
 
 
Dow Nasdaq S&P
+76.65   -63.02   -6.75
32,803.47   12,657.56   4,145.19
+0.23%   -0.50%   -0.16%
YTD -9.73%   YTD -19.10%   YTD -13.03%
 
Biggest Winners
EOG Resources Inc +7.20%
 
Iron Mountain Inc +6.87%
 
AES Corp +5.30%
 
Freeport-McMoRan Inc +5.25%
Biggest Losers
Ball Corp -4.93%
 
Ventas Inc -3.77%
 
Bath & Body Works Inc -2.83%
 
Organon & Co -2.81%
Hottest ETF
Hottest ETF
NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $88.50 -0.04 / -0.05%
Gold $1,791.30 -15.60 / -0.86%
10-yr 2.84% +0.16
Euro $1.02 -0.01 / -0.70%
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