White House counts jobs report as a win, though inflation path – and interest rate cuts – far from certain ahead of November The creation of 175,000 jobs in April by US employers has been termed a “Goldilocks” report by leading economists: Creating enough jobs to keep the labor market humming along healthily, but slowing down enough to signal it might be time for the Federal Reserve to begin cutting interest rates. 05/3/2024 - 11:40 am | View Link
Jobs Data Revives Wall Street’s Hopes for a Rate Cut A cooler-than-expected jobs report for April shifted the tone on Wall Street, rekindling investors’ expectations that the Federal Reserve may cut rates soon. 05/3/2024 - 9:20 am | View Link
Softer jobs report could ease pressure on inflation, but ‘one month does not make a trend,’ Glenmede says T he April jobs report came in below economists’ expectations, giving them hope a softer labor market could ease pressure on wage inflation. 05/3/2024 - 8:56 am | View Link
Dow jumps nearly 500 points after softer-than-expected jobs report fuels hopes of an earlier rate cut US stocks soared higher Friday morning after new data showed that US job growth slowed considerably last month. 05/3/2024 - 2:41 am | View Link
VIEW April US jobs report shows looser labor market, good news for Fed U.S. job growth slowed more than expected in April and annual wage gains cooled, signs of a looser labor market which are good news for markets and the Federal Reserve that will likely require more such signals before pivoting from a higher for longer policy. 05/3/2024 - 1:16 am | View Link
Columbia's President Keeps a Shaky Hold on Her Job Columbia University President Minouche Shafik’s decision to allow police on campus for two weeks will likely help her avoid the fates of Ivy League leaders who were forced to resign partly over ... 05/3/2024 - 1:08 am | View Website
Rupee to rise on Asia rally heading into US jobs report MUMBAI, May 3 (Reuters) - The Indian rupee is expected to march higher at open on Friday, like its Asian peers, fuelled by the drop in U.S. Treasury yields before the U.S jobs report. 05/3/2024 - 12:40 am | View Website
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General Daily Insight for May 04, 2024
We have an opportunity for a fresh start. As the temperamental Moon begins the day in foggy Pisces and unites with mysterious Neptune, answers and energy might seem elusive. Once Luna bursts into vibrant Aries at 4:41 pm EDT, we should all get a second wind.
By JANIE McCAULEY (AP Baseball Writer)
OAKLAND, Calif. (AP) — The Miami Marlins are working on a trade that would send second baseman and reigning NL batting champion Luis Arraez to the San Diego Padres.
The Marlins said Friday that the deal was pending a review of medical information before it could be finalized and formally announced.
“When a guy like that is taken out of the lineup or potentially traded, you feel it, because he’s such a good kid and one of the leaders in that clubhouse,” manager Skip Schumaker said, “so there’s definitely a shock value.”
There was also some shock in the Padres’ clubhouse after their 7-1 victory over the Diamondbacks on Friday night, though it was for happier reasons.
“It’s really amazing — that guy is a baller,” San Diego slugger Fernando Tatis Jr.