Tag: #Federal Reserve

US weak hiring fuels market fears, prompting calls for increased vigilance

Ding Gang August 07, 2024

US weak hiring fuels market fears, prompting calls for increased vigilance

The ominous clouds looming over the US economy are growing darker, resulting in a significant drop in the stock market on Friday. Is there a storm on the horizon? US hiring slowed to 114,000 jobs in July, the US government said on Friday, missing expectations. The unemployment rate...More