Private business in the US added 37K workers to their payrolls in May 2025, the lowest since March 2023, compared to a downwardly revised 60K in April and forecasts of 115K.
The services sector added 36K jobs, led by leisure/hospitality (38K), financial activities (20K) and information (8K) while job losses occurred in professional/business services (-17K), education/health (-13K) and trade/transportation/utilities (-4K).
Also, the goods producing sector lost 2K jobs as falls in natural resources/mining (-5K) and manufacturing (-3K) offset a rise of 6K jobs in construction. "After a strong start to the year, hiring is losing momentum. Pay growth, however, was little changed in May, holding at robust levels for both job-stayers and job-changers", said Dr. Nela Richardson, chief economist, ADP.
Source: Trading Economics
Japan's annual inflation rate edged down to 2.9% in November 2025 from October's 3-month high of 3.0%. Core inflation stood at 3.0%, keeping the same pace as in October and aligning with estimates. Mo...
Goldman Sachs sees gold prices climbing 14% to $4,900 per ounce by December 2026 in its base case, it said in a note on Thursday, while citing upside risks to this view due to a potential broadening o...
The BRICS group of countries is increasingly being considered as an alternative for global diplomacy and cooperation amidst increasing tariff and protectionist policies from the United States. A numbe...
Applications for US unemployment benefits fell after a spike in the previous week, underscoring the choppy nature of the data at this time of year. Initial claims decreased by 13,000 to 224,000 ...
Annual inflation in the United States (US), as measured by the change in the Consumer Price Index (CPI), fell 2.7% in November, according to a report by the US Bureau of Labor Statistics (BLS) on Thur...
Oil prices fell on Friday (December 19th) and are expected to post a second straight weekly decline as potential oversupply and the prospect of a Russia-Ukraine peace deal outweigh concerns over disruptions caused by a Venezuelan oil tanker...
Silver prices rose on Friday (December 19) and remained near their all-time highs, driven by strong investor interest in safe-haven assets. The weakening US dollar and expectations of lower global interest rates have made silver increasingly...
The Hang Seng Index rose 192 points, or 0.75%, to end at 25,690 on Friday, extending its gains for a third session as all major sectors advanced. Sentiment was boosted by continued gains in mainland China's stock market amid reports that ByteDance...
Fed Governor Christopher Waller said Wednesday that the Fed is in no rush to cut interest rates, given the current outlook, according to...
Stocks fell slightly on Tuesday as traders digested the delayed release of the November's jobs report.
The S&P 500 fell 0.1%, while the Nasdaq...
Nonfarm Payrolls (NFP) in the United States rose by 64,000 in November, according to a report from the U.S. Bureau of Labor Statistics (BLS) on...
European stocks closed lower on Tuesday, with the STOXX 50 down 0.5% and the broader STOXX 600 slipping 0.4%, as optimism around Russia–Ukraine...