Wild swings in the stock market this week rattled investors, who pulled $3.5 billion from U.S. equity funds and fled to the safety of government debt. Funds that invest in U.S. stocks saw the outflows […]
November’s employment report was a “Goldilocks” report, solid enough to reflect a vigorous labor market, but not strong enough to encourage the Fed to be more aggressive. Hiring slowed to 155,000 in November, well below […]
Job creation skewed to services-related industries, which added 132,000, while goods producers grew by 29,000, the lowest increase since March. Government jobs declined by 6,000. Health care and professional and business services added the largest […]
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