U.S. Hiring Slows as Wages Grow, Unemployment Holds at Multidecade Low
Employers slowed their pace of hiring in November, but wage growth matched the highest rate in nearly a decade and unemployment held at the lowest rate since December 1969.
Stocks Fall Following U.S. Jobs Report
U.S. stocks opened mixed after the November jobs report showed employers slowed their pace of hiring, but the unemployment rate remained at a multidecade low.
OPEC and Russia have agreed to a deal to join in a significant production cut that would mop up a burgeoning global oil supply glut.
Consumer Sentiment Remains Steady in the U.S
Consumers' outlook on the U.S. economy held steady in December, as a strong economy and robust job growth continued to support American consumers' robust sentiment.
Canadian Job Growth Surged in November
Canadian job growth surged in November, surpassing market expectations by a wide margin, as gains in full-time hiring helped push the unemployment rate to its lowest level in more than 40 years.
Mexican Inflation Rises More Than Expected on Food, Electricity Costs
Mexican consumer prices rose more than expected in November, led by seasonal increases in electricity costs and higher food prices.
Oil Prices Soar After OPEC, Allies Announce Production Deal
Oil prices climbed after OPEC and its allies agreed to cut 1.2 million barrels of oil a day from global supply.
Bear Markets March Across the Globe
In a sign of the breadth of the global selloff in stocks, Germany's main stock index fell into a bear market, the latest benchmark to have tumbled 20% or more from its recent peak.
Eurozone Economy Grew More Slowly Than Previously Estimated
The eurozone economy grew more slowly than previously estimated during the three months through September, held back by a decline in exports while a buildup in stocks boosted activity.
Even Safer Bonds Aren't Spared in Rough Year for Asia Debt
It has been a difficult year for debt investors in Asia. While many junk bonds have become distressed, their stronger peers haven't had it easy either.