Stuart Varney of Fox Business Network joined Friday’s Fox & Friends to discuss November’s jobs report, which showed that the economy added 199,000 jobs last month. The unemployment rate decreased to 3.7%. Economists had expected job creation of 180,000 and an unemployment rate of 3.9%. “It’s a resilient labor market,” Varney told Ainsley Earhardt. “And […]
The proliferation of artificial intelligence (AI) tools, and the large language models (LLMs) that underpin them, have been alarming anti-AI advocates, particularly as ChatGPT — and its ilk — skyrocketed in popularity this year. A new study conducted by the UK Department of Education implies that the fearful cries of “Ah, AI is coming after […]
LOUISVILLE, Ky. (WDRB) — United Parcel Service on Friday agreed to reinstate about three dozen Louisville workers who had recently joined the Teamsters union and had been laid off a day earlier. The Teamsters had threatened to strike in Louisville, the home of UPS’ global air hub, in retaliation for the move to dismiss about […]
The latest report showed that more jobs were added in November and the unemployment rate dipped. (iStock) Employment rose by 199,000 in November, according to the latest Employment Situation Summary from the U.S. Bureau of Labor Statistics (BLS), modestly higher than economists’ expectations but below the average monthly gain of 240,000 over the prior 12 months. November’s […]
That was close. After the U.S. unemployment rate climbed to 3.9% in October, stoking fears that the labor market might finally be starting to crack under the weight of the Federal Reserve’s interest-rate hikes, economic data released Friday showed that unemployment retreated to 3.7% in November. That means the Sahm rule, an indicator devised to […]
That was close. After the U.S. unemployment rate climbed to 3.9% in October, stoking fears that the labor market might finally be starting to crack under the weight of the Federal Reserve’s interest-rate hikes, economic data released Friday showed that unemployment retreated to 3.7% in November. That means the Sahm rule, an indicator devised to […]
(Kitco News) – Gold and silver prices are posting strong losses near midday Friday, in the aftermath of a U.S. jobs report from the Labor Department that suggests the U.S. economy is presently in a pretty good spot. Gold prices hit a two-week low today and silver a three-week low. Both markets are headed toward […]
The Dow Jones Industrial Average held a modest gain near midday, unfazed by a drop in shares of Dow component Honeywell (HON), which agreed to buy a unit of heating and air conditioning company Carrier Global (CARR). X Honeywell said Friday it plans to buy Carrier’s security division for nearly $5 billion. HON stock moved […]
