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The central bank is in wait-and-see mode amid extreme uncertainty about the economic outlook.
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Employers added 139,000 jobs last month, continuing a steady run of hiring despite policy turmoil. The unemployment rate was unchanged at 4.2 percent.
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Stock Market News From June 6, 2025: Dow Rises After May Jobs Report Barron'sDow rises more than 400 points on solid jobs report, S&P 500 touches 6,000: Live updates CNBCStock Market Jumps On Jobs Report, New China Talks; CPI Inflation Data, GameStop Earnings Due Investor's Business DailyStocks Rise as Jobs Surprise Spurs Treasury Losses: Markets Wrap Bloomberg.com
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Starbucks said it expects to eliminate jobs, without affecting in-store teams, as part of its broader effort to operate more efficiently.
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