Although the United States added fewer jobs than expected in April, there are good indications that those jobs pay more. The Bureau of Labor Statistics said the labor market added 160,000 jobs in April, compared to 202,000 predicted by a Reuters survey.
U.S. stocks bounced back from earlier weakness to close higher on Friday but logged their second straight week of losses. Main indexes were pressured after data showed that the economy added only 160,000 new jobs in April while the unemployment rate ...
Janet Yellen with the former Fed chairs Ben Bernanke, center, and Paul Volcker. Donald Trump said he would most likely replace her as Fed chairwoman if he became president.
Square Inc. shares had their worst day since the digital-payments company went public last year on concern about financing for its small-business loan program, a service that had been viewed as a growth area.
The Treasury Department on Friday rejected a proposal by a pension fund to cut the payout for hundreds of thousands of truck drivers, construction workers and other service personnel, though the retirement plan's financial headaches are far from over.