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US jobs report bolsters case for Fed to pare asset purchases

Earlier this week Fed Governor Christopher Waller said he felt the central bank could start tapering its $120 billion in monthly asset purchases by October if 800,000 to 1 million jobs were added in both July and August ....

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US added 379,000 jobs in February in hopeful sign of economic rebound

US added 379,000 jobs in February in hopeful sign of economic rebound
Paul Sancya/ASSOCIATED PRESS
HOLD FOR CHRIS HATCH A line worker checks a 2012 Ford Focus on the assembly line at the Michigan Assembly Plant in Wayne, Mich., Thursday, March 17, 2011. (AP Photo/Paul Sancya)
By:
The Associated Press
and last updated 2021-03-05 09:04:30-05
WASHINGTON (AP) â U.S. employers added a robust 379,000 jobs last month, the most since October and a sign that the economy is strengthening as confirmed viral cases drop, consumers spend more and states and cities ease business restrictions.
The February gain marked a pickup from the 166,000 jobs added in January and a loss of 306,000 in December, but represents just a fraction of the 10 million jobs that were lost to the pandemic. ....

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Top headlines: Hospitals can now vaccinate 24x7; Bitcoin returns to $50,000

Read more about Top headlines: Hospitals can now vaccinate 24x7; Bitcoin returns to $50,000 on Business Standard. Business Standard brings you top news of the evening ....

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Market Insights Podcast (Episode 169) - MarketPulse

Market Insights Podcast (Episode 169)
February 26, 2021SharePrint
OANDA Senior Market Analyst Craig Erlam reviews the day’s business and market news with Jonny Hart. This week they discuss bond yields, Jerome Powell, the UK budget, bitcoin, the jobs report and the OPEC+ meeting.
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds. ....

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