U.S. added just 73,000 jobs in July and numbers for prior months were revised much lower
Nonfarm payrolls were expected to increase by 100,000 in July, according to the Dow Jones consensus estimate.
Posts by CNBC (old posts, page 78)
Here's where the jobs are in this slowing economy
July's much weaker-than-expected job growth was supported primarily by the health-care sector, data from the Bureau of Labor Statistics released Friday shows.
Trump modifies tariff rates ahead of deadline, levies 40% duties on all transshipped goods
All goods that are considered to have been transshipped to avoid applicable duties will be subject to an additional 40% tariff, according to the White House.
Euro zone inflation holds steady at higher-than-expected 2% in July
Economists polled by Reuters had expected the figure to hit 1.9%.
German inflation dips to cooler-than-expected 1.8% in July
Economists polled by Reuters had expected inflation to ease to 1.9%.
U.S. economy grew at a 3% rate in Q2, a better-than-expected pace even as Trump's tariffs hit
Gross domestic product was expected to grow at a 2.3% annualized pace in the second quarter, according to the consensus estimate.
Architecture firms report decline in billings for commercial real estate
The AIA/Deltek Architecture Billings Index (ABI) remained in negative territory in June with a score of 46.8, down from 47.2 in May.
Companies from Stanley Black & Decker to Conagra are saying tariffs will cost them hundreds of millions
Businesses in a range of industries have raced to figure out how to handle rising costs in the middle of a shakeup in global trade policy.
Adidas slumps 7% as sportswear giant warns tariffs to drive up U.S. prices
The world's second-largest sports retailer said that added costs associated with tariffs could total 200 million euros ($231 million) in the second half of this year.
Private company hiring bounced back with a 104,000 increase in July, ADP says
Payrolls rose by a seasonally adjusted 104,000 for the month, reversing a loss of 23,000 in June.