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America added 428,000 jobs in April

CNN By Anneken Tappe, CNN Business After an electric economic recovery from the pandemic, the job market is showing signs of returning to normal. It’s still growing at a remarkably strong pace, but the months of millions of jobs added are probably over. America’s employers added 428,000 jobs in April, the same as in March,

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The Fed doubters are back

By Julia Horowitz, CNN Business This newsletter yesterday highlighted warnings that market enthusiasm after the Federal Reserve’s latest meeting was misplaced. Investors quickly came to the same conclusion. What’s happening: After the S&P 500 rallied 3% on Wednesday, logging its best day in almost two years, it plunged 3.6% in an ugly trading session on

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America adds 428,000 jobs in April

CNN By Anneken Tappe, CNN Business America’s employers added 428,000 jobs in April, the Bureau of Labor Statistics reported Friday. The unemployment rate held steady at 3.6%. The days of millions of job gains per month are behind us. That’s partly due to the fact that the recovery has come a long way, and partly

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America added 428,000 jobs in April

By Anneken Tappe, CNN Business After an electric economic recovery from the pandemic, the job market is showing signs of returning to normal. It’s still growing at a remarkably strong pace, but the months of millions of jobs added are probably over. America’s employers added 428,000 jobs in April, the same as in March, the

Continue Reading

The Fed doubters are back

CNN, CNNBUSINESS By Julia Horowitz, CNN Business This newsletter yesterday highlighted warnings that market enthusiasm after the Federal Reserve’s latest meeting was misplaced. Investors quickly came to the same conclusion. What’s happening: After the S&P 500 rallied 3% on Wednesday, logging its best day in almost two years, it plunged 3.6% in an ugly trading

Continue Reading