The nation's unemployment rate dropped to 4.9 percent in January, hitting its lowest point in eight years, since February 2008.
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.
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.
In this Thursday, Jan. 14, 2016, photo, coal ash is removed from the Dan River Steam Station in Eden, N.C., to be transported by rail to a permanent site in Virginia.
(MENAFN - Gulf Times) The willingness of US stock investors to abide price-earnings ratios stretching into three and four digits came under pressure on Friday as the Nasdaq Composite Index fell to its lowest since October 2014.