Updated: Friday| Published: 3 Dec
ADP reported the U.S. private sector lost 32,000 jobs, with small businesses suffering the worst losses since May 2020.Despite job cuts in professional services and manufacturing, leisure and hospitality gained 13,000 jobs as unemployment claims dropped to the lowest in over three years.Fed officials face a dilemma ahead of their December meeting, balancing weak payrolls against muted inflation and stable jobless claims.
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Reuters

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Wall Street notches slight gains Fed rate cut expectations on track”
Sat
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ADP

ADP reported the US private sector lost 32,000 jobs, with small businesses suffering the worst losses since May 2020. Despite job cuts in professional services and manufacturing, leisure and hospitality gained 13,000...

3 Dec/Fri
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DonaldTrump

Donald Trump has effectively narrowed down his search for the next Federal Reserve Chairman to Kevin Hassett, whose appointment is favored by markets and has raised concerns among bond investors and bank executives....

1 Dec/3 Dec
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