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Secret FBI probe cast Trump as possible Russian asset after Comey firing, memos show Fox NewsWhite House declassifies info on secret FBI probe into whether Trump fired Comey at Russia's behest, official says CBS NewsFBI opened probe into whether Trump was Russian agent after he fired James Comey, newly revealed memos show New York Post
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AI can transform your small business, but without proper governance, it can also create costly compliance risks.
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Why SpaceX stock is falling despite strong revenue growth CBS NewsSpaceX stock falls 7% after AI spending surge rattles investors cnbc.comSpaceX's first earnings reveal the cost of becoming an AI giant: Chart of the Day Yahoo FinanceSpaceX posts loss of $541 million in first report since record-setting IPO The Washington Post
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Being more trustworthy than a politician is a low threshold, but new research carries implications for anyone using AI in the workplace.
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Private sector hiring grew by 44,000 jobs in July, while pay increased 4.4% year-over-year, payroll giant ADP reported Wednesday, as the pace of hiring slowed this summer.
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Stocks jumped out of the gate Friday after the release of the August jobs report. But enthusiasm from the few investors that stuck around ahead of the long holiday weekend didn't last, with all three indexes ending in the red.
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The Labor Department this morning said the U.S. added 315,000 new jobs in August, well below July's 526,000. Also in the jobs report: the unemployment rate edged up to 3.7% from 3.5%; the labor participation rate, or the number of people actively seeking work, improved to 62.4% from 62.1%; and average hourly earnings - a key measure of labor cost inflation - was up 5.2% year-over-year, same as it was in July.
"Friday's jobs data provided some moderate relief, with payrolls almost landing precisely on consensus at 315,000 in August," says Douglas Porter, chief economist at BMO Capital Markets." While no doubt a solid advance - and completely inconsistent with recession chatter - other aspects of the report sent some calming signals." Porter points to steady wage growth, an increasing labor force and the rising unemployment rate that suggest "the extreme tightness in the job market may be beginning to moderate - almost exactly what the Fed doctor ordered."
Still, the major indexes, after being up more than 1% each around lunchtime, swung lower in afternoon trading after news reports indicated Russian energy giant Gazprom will indefinitely suspend operations of a natural-gas pipeline to Germany.
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By the close, the Nasdaq Composite was down 1
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