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U.S. markets news

Unemployment rate lowest in 8 years
The nation's unemployment rate dropped to 4.9 percent in January, hitting its lowest point in eight years, since February 2008.
Workers' wages up, but slower job growth worries financial markets  Washington Post
Sluggish jobs report raises questions about the direction of U.S. economy  Ames Tribune
Contra Costa Times  
Nasdaq hits 15-month low in Friday freefall
Wall Street's short winning streak came to a brutal end Friday as a disappointing jobs report sent stocks skidding and the Nasdaq composite to its lowest level in more than 15 months.
The January Jobs Report Does Not Ensure A March Rate Hike  ValueWalk
Dow Jones Industrial Average Tumbles 211 Points After Mixed Jobs Report  Money Morning
Oil falls in volatile trade ahead of key oil producer meeting
NEW YORK Oil prices ended the week lower in choppy trading on Friday, snapping two weeks of gains, as a frenzy of speculation about a possible deal between top oil producers clashed with concerns about a growing supply glut.
Oil price falls in volatile trade ahead of key oil producer meeting  The Star Online
Technology rout pushes Nasdaq to lowest close since 2014
NEW YORK: The Nasdaq Composite that includes large-cap technology names like Alphabet, Microsoft and Facebook led another broad rout on Wall Street Friday, closing at its lowest level since October 2014.
Nasdaq records lowest close since 2014
Technology Shares Plunge in U.S. as Patience for Valuations Ebbs  Bloomberg
GOP-led Congress unlikely to OK Obama's new clean energy bid
WASHINGTON - President Barack Obama said Saturday that he will ask the Republican-led Congress to double spending on research and development into clean energy by 2020.
Obama Wants $12.8 Billion for 'Clean-Energy Research'  Newsmax
Obama is proposing a $10-a-barrel oil tax, but GOP says it's 'dead ...  Los Angeles Times
Highly radioactive leak found at NY nuclear plant
BUCHANAN, N.Y. -- Gov. Andrew Cuomo is calling for an investigation after an apparent overflow at the Indian Point nuclear power plant spilled highly radioactive water into an underground monitoring well, but nuclear regulators said the public isn't at ...
New York officials to investigate leak at nuclear power plant  Fox News
New York nuclear plant leak causes radioactivity in groundwater
Market view of next US rate hike shifts into 2016 after jobs data
The U.S. Federal Reserve is increasingly likely to raise interest rates this year, traders bet on Friday, as a long-awaited surge in wages finally materialized and the unemployment rate dropped to an eight-year low.
More Fed Criticism  Seeking Alpha
Fed Can Find Plenty of Positives in Details of Latest Jobs Report  Bloomberg
Will Crude Oil Prices Rebound in 2016 Amid US Rig Count Cut?
Crude oil prices have fallen to below $35 per barrel from their apex of above $110 per barrel over the past 18 months. They are likely to rebound in the near future, as the US energy companies have significantly cut their oil and gas rig count this week.
Oil production: A Slippery Issue
U.S. should work with Iranian moderates  Foster's Daily Democrat
Inside America's lottery addiction
The nation was recently in a frenzy over a $1 billion Powerball jackpot. But are lotteries just a tax in disguise? Here's everything you need to know: What are the chances you'll win?
Tenn. Powerball jackpot winners sued by notorious former prisoner  WNCN
Powerball Drawing Live Video: Watch As Winning Numbers For $136 Million ...  The Inquisitr
China's Foreign-Exchange Reserves Decline to $3.23 Trillion
China's foreign-exchange reserves shrank to the smallest since 2012, indicating that the central bank sold dollars as the yuan's retreat to a five-year low exacerbated depreciation pressure.
China FX reserves fall almost $100B to lowest since May 2012  CNBC
China's Forex Reserves Plunge to More Than Three-Year Low -- 2nd Update  Nasdaq