Business > US

Donald Trump boasts about 4.8 million new jobs as he claims US economy is 'roaring back'

1 month ago   |   By Evening Standard

US President Trump today held a press conference to boast about the US jobs increase in June.
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Dow surges 440 points after US adds way more jobs than expected in June

1 month ago   |   By Business Insider

US equities soared on Thursday after June's jobs report trounced estimates and lifted hopes for a swift economic recovery.
American businesses added 4.8 million payrolls last month , according to the Bureau of Labor Statistics, handily beating expectations of a 3 million payroll increase .
The unemployment rate fell to 11.1%, below the anticipated reading of 12.5%.
Oil prices climbed, with West Texas Intermediate crude gaining as much as 1.6%, to $40.44 per barrel.
Watch major indexes update live here .
US stocks jumped on Thursday after June jobs data beat expectations and further fueled...
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US unemployment falls in June as non-farm payrolls add 4.8 million jobs

1 month ago   |   By Evening Standard

US unemployment fell in June as non-farm payrolls added 4.8 million jobs, the Labor Department.
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Coronavirus: Record US job surge despite infection resurgence

Coronavirus: Record US job surge despite infection resurgence

1 month ago   |   By Wessexfm

The US economy created a record 4.8 million net new jobs last month as economists warn the country's coronavirus recovery is at risk from a resurgence of infections.
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Economy adds 4.8 million new jobs in June in lockdown recovery, official figures show

Economy adds 4.8 million new jobs in June in lockdown recovery, official figures show

1 month ago   |   By Daily Mail

The Bureau of Labor Statistics' official June unemployment estimates say unemployment now stands at 11.1% after a record number of new jobs. But prospects of further recover are bleak.
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US weekly jobless claims hit 1.4 million, more than economist forecasts

1 month ago   |   By Business Insider

US jobless claims for the week that ended Saturday totaled 1.43 million, the Labor Department said Thursday. That was slightly higher than the consensus economist estimate of 1.35 million.
Thursday's report marked the 13th straight week of declining claims. It also brought total filings over a 15-week period to nearly 49 million.
Continuing claims, the aggregate total of people receiving unemployment benefits, totaled 19.3 million for the week that ended June 13.
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More than a million Americans filed for unemployment benefits last week...
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US economy smashes forecasts, adds 4.8 million jobs in June as unemployment declines to 11.1%

1 month ago   |   By Business Insider

The US Bureau of Labor Statistics on Thursday said the US added 4.8 million jobs in June. That exceeded the 3 million payroll additions expected by economists surveyed by Bloomberg.
It marks the second straight month of job additions as the economy tries to claw back from a coronavirus-induced recession. The US saw record job losses in April.
The data also showed that the US unemployment rate was 11.1%, down from 13.3% in May.
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The US economy notched its second straight month of job additions in June amid nationwide efforts to claw back...
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4 bizarre and shocking details from McDonald's lawsuit alleging its ex-CEO...

4 bizarre and shocking details from McDonald's lawsuit alleging its ex-CEO lied about sexual relationships with employees

McDonald's filed a lawsuit against ex-CEO Steve Easterbrook on Monday. McDonald's alleges in the lawsuit that ex-CEO Steve Easterbrook engaged in sexual relationships with... Read more ...

You can now try all the new features coming to your Apple Watch this fall...

You can now try all the new features coming to your Apple Watch this fall before they officially launch - here's how to do it

Apple has launched the public beta for its watchOS 7 software update coming this fall, meaning you can try out the new features before they officially debut. The watchOS 7... Read more ...

Emmerdale reveals Gabby is Leyla's secret stalker

Emmerdale reveals Gabby is Leyla's secret stalker

The identity of Leyla Harding's stalker in Emmerdale has finally been revealed, with troubled teenager Gabby Thomas confirmed as the culprit after a violent altercation left... Read more ...

Apple will jump 35% on 5G 'super cycle' in raised bull-case scenario...

Apple will jump 35% on 5G 'super cycle' in raised bull-case scenario, according to Wedbush

As Apple circles in on a $2 trillion valuation, don't expect the gains to stop anytime soon, according to Wedbush Securities analyst Daniel Ives. In a note published on Sunday... Read more ...

Warren Buffett's Berkshire Hathaway reported 2nd-quarter earnings on...

Warren Buffett's Berkshire Hathaway reported 2nd-quarter earnings on Saturday. Here are the 5 key takeaways

Warren Buffett's Berkshire Hathaway suffered a 10% slump in operating income last quarter, as the coronavirus pandemic hammered many of its businesses. It also sold the most... Read more ...

Trump denied asking to have his face carved on Mount Rushmore, but said it...

Trump denied asking to have his face carved on Mount Rushmore, but said it 'sounds like a good idea to me!'

In a Sunday night tweet, President Donald Trump denied a New York Times report over the weekend that a White House official had inquired about adding a carving of another... Read more ...

Ulster Business Top 100 reveals sales rise more than 10% among biggest...

Ulster Business Top 100 reveals sales rise more than 10% among biggest businesses

Northern Ireland's biggest businesses have seen sales rising by more than 10% over the last year, Ulster Business can reveal. Read more ...

Gold could surge over 90% hit and hit $4,000 so long as these two factors...

Gold could surge over 90% hit and hit $4,000 so long as these two factors remain under control

Gold prices could reach $4,000, the CEO of US Global Investors told CNBC Monday. Frank Holmes said: "It's quite easy to see gold going to $4,000." Holmes said rising monetary... Read more ...

Coronation Street spoilers: Alya Nazir and Sally Metcalfe make huge decision...

Coronation Street spoilers: Alya Nazir and Sally Metcalfe make huge decision to defeat Geoff

Geoff Metcalfe 's attempt to drive Alya Nazir out of her family business is left in tatters tonight in Coronation Street - thanks to a gesture from Sally that ruins his... Read more ...

BUSINESS LIVE: One in three firms expects to cut jobs

BUSINESS LIVE: One in three firms expects to cut jobs

Retailer Superdry has cheered a new £70 million financing deal with its banks to help it through the coronvirus crisis as it revealed that stores sales continue to tumble. Read more ...