Hiring in the U.S. slowed in June, raising hopes for interest rate cuts [CBS News]
S&P Global Inc. (SPGI)
Last s&p global inc. earnings: 4/28 07:10 am
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Source: CBS News
Nonfarm payrolls rose by 206,00 jobs last month, in line with analyst forecasts, and unemployment edged up to a still-low 4.1% from 3.4% in early 2023 — its lowest in decades, according to the Labor Department's Bureau of Labor Statistics data. Numbers for the prior two months were downwardly revised, with May now showing 218,000 additional jobs instead of the previously reported April's count was also revised lower, to 108,000 from 165,000. Average hourly earnings were 3.9% higher in June from a year earlier, the smallest increase since 2021. The labor force participation rate edged higher, indicating more people are entering the labor market. A modest slowdown in hiring and wage growth should increase the Fed's confidence that inflation is trending closer to its 2% annual target, opening the door for policymakers to trim borrowing costs for consumers and businesses, currently at levels not seen in more than two decades. Rate debate "Federal Reserve officials have become i
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SPGI
News
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- S&P (SPX) today: The index is up 17.44% YTD [USA TODAY]USA TODAY
- Boeing in talks with US defense department on impact of guilty plea - source [Yahoo! Finance Canada]Yahoo! Finance Canada
SPGI
Earnings
- 4/26/24 - Miss
SPGI
Sec Filings
- 6/27/24 - Form 8-K
- 6/26/24 - Form 11-K
- 6/17/24 - Form 4
- SPGI's page on the SEC website