January jobs report will be released on Feb. 11 after shutdown delay
The January jobs report delayed by the brief government shutdown will be released next week, the Bureau of Labor Statistics said Wednesday.
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Bessent: Fed Lost Americans' Trust Over Inflation
Treasury Secretary Scott Bessent said Wednesday that inflation remains the central economic challenge facing the country and warned that the Federal Reserve lost public trust by allowing prices to spiral and "ravage incomes."
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Modest Job Gains Mask Manufacturing Declines
U.S. private payrolls increased less than expected in January amid job losses in the professional and business services as well as manufacturing sectors, the ADP's national employment report showed Wednesday.
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US Hosts Global Talks to Curb China's Grip on Critical Minerals
The United States will host more than 50 countries on Wednesday for talks aimed at boosting their access to critical minerals, in a bid to loosen China's grip over vital industrial inputs that has allowed it to control global supply chains.
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Private payrolls rose by just 22,000 in January, far short of expectations, ADP says
The U.S. labor market barely budged in January, with hiring below even muted expectations.
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Iran's Surging Crypto Activity Draws US Scrutiny
U.S. investigators are examining whether specific crypto platforms have facilitated sanctions evasion by Iranian officials, a blockchain researcher told Reuters, as cryptocurrency activity booms in the Islamic Republic.
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