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JPMorgan Chase, PNC Financial Services Group, Truist Financial, Wells Fargo, and First Citizens BancShares Shares Plummet, What You Need To KnowA number of stocks fell in the morning session after a surprisingly weak July jobs report and the announcement of sweeping ...
Economists are sounding the alarm on a weakening labor market after July’s jobs report revealed sharp downward revisions and ...
The layoffs reflect a trend echoed across the global financial sector, where automation, AI adoption, and cost optimisation ...
Futures traders have certainly changed their tune on a September rate cut following the July jobs data. According to CME ...
Recent data, underscored by workforce researcher Amanda Goodall on X, illustrates the scale of the fallout: 13,470 layoffs in ...
President Trump on Friday said he planned to fire the commissioner of the BLS, which publishes the monthly jobs report.
MSCI's global equities index sold off sharply on Friday and the dollar took a dive after weaker-than-expected U.S. jobs data ...
Employees rallied in Charlotte on Tuesday to call attention to allegations that a senior HR exec at the bank is coercing ...
The US job market seems to have chugged along for the first half of this year — but the risk is rising that employment growth ...
Bosses in America are already making a virtue of shrinking their workforces. Is that trend just weeks away from hitting ...
The weak report changes the math for a central bank that has been trying to wait out the data. Before Friday, traders saw ...
The Dow Jones Industrial Average dropped 542.40 points, or 1.23%, closing at 43,588.58. The S&P 500 shed 1.60% to end at ...
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