The American economy added 271,000 jobs in October, a very strong showing that makes an interest-rate increase by the Federal Reserve much more likely when policy makers meet next month.
The report on hiring and unemployment, released Friday by the Labor Department, was eagerly anticipated on Wall Street, where traders and economists have been sifting each new bit of economic data for any augury of the central bank’s course.
18:29 Rihanna Denies Dissing Beyonce After Grammy Nominations 2017 Snub: Stop Pitting 'Black Women Against Each Other'10
17:52 Change after 'extremely difficult' year for Tata in UK10
10:05 JPMorgan, HSBC, Credit Agricole Fined $521 Million Over Euribor16
16:32 Employers added solid 178,000 jobs in Nov11