World Stocks Fall On Dismal U.s. Hiring Report

A weak U.S. jobs report flustered investors and intensified fears that a global recession was in the making

Topics:  u.s    report   
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    The dollar slipped against a basket of major currencies after U.S. inflation and unemployment data failed to ... and Kohl’s (KSS.N) on dismal holiday sales numbers. Amazon (AMZN.O) powered the Nasdaq Composite to a record closing high.
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  • US gains just 38K jobs, fewest in 5 years; rate at 4.7 pct.
    WASHINGTON (AP) — U.S ... the fall and winter, but that trend has partially reversed in April and May. The government has estimated that the economy grew at just a 0.8 percent annual rate in the January-March quarter. Yet Friday’s dismal ...
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  • ABC Adds New Anchor to ‘World News Now,’ ‘America This Morning’
    TVNewser reports that the network hired T.J. Holmes to fill the positions. The hiring of Holmes, a former anchor at CNN and BET, was announced by ABC News President James Goldston. “A skilled broadcaster and a dynamic storyteller with the ability to ...
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