Tag: business intelligence

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U.S. Job Market Slows But Remains Solid

The U.S. job market added 143,000 jobs in January, cooling from previous months but remaining solid. Despite the slowdown, the unemployment rate edged down to 4%, showing a healthy labor market. The revised numbers show a lower number of jobs created in the year through March 2024 but a substantially higher number of employed Americans. Despite political uncertainty, employers maintain a "business as usual" attitude, contributing to the labor market's stability. However, factors such as reduced immigration and tariffs remain potential wild cards for the future labor market.

Trump to slap 25% tariff on Mexico, Canada

US President Donald Trump announces 25% tariffs on Mexican and Canadian imports, as trade negotiations between the US and the two countries continue.

US Stocks Climb After Trump Speech at Davos

US stocks ended higher on Thursday, with the S&P 500 (^GSPC) setting a fresh record close as investors awaited comments from President Donald Trump at the World Economic Forum in Davos. The broad-based index finished up 0.53%, securing its first all-time closing high of 2025. The Dow Jones Industrial Average (^DJI) climbed 0.92%, while the Nasdaq Composite (^IXIC) recovered from earlier losses to close about 0.22% higher.