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Job growth slightly abated in November alongside rising interest rates but reflected stronger-than-expected hiring momentum, even as worries of a recession grow. The Labor Department released the monthly jobs report for November at 8:30 a.m. ET on Friday. Here are the highlights, compared to Wall Street estimates compiled by Bloomberg: Non-farm payrolls: +263,000 vs. +200,000 expected Unemployment rate: 3.7% vs. 3.7% expected Average hourly earnings, month-over-month: +0.6% vs. +0.3%… Source link

U.S. stocks sank Friday morning after stronger-than-expected jobs data had investors recalibrate expectations around when the Federal Reserve will pause its rate-hiking campaign. The Labor Department’s monthly jobs report for November showed payrolls grew by 263,000, higher than estimated, while unemployment held at 3.7%. Bloomberg expected a print of 200,000 for the month. The S&P 500 (^GSPC) tumbled 1.4%, while the Dow Jones Industrial Average (^DJI) fell by 1.1%, or nearly 400 points. The… Source link

High prices mean Canadians are planning on spending less during the holiday season this year. (THE CANADIAN PRESS/Justin Tang) One in three Canadians say they will spend less over the holiday season this year, as high prices force them to scale back on shopping and gift giving, a new Yahoo/Maru Public Opinion poll has found. The survey of 1,522 Canadians released on Friday found that 30 per cent of respondents will be spending less over the holidays this year as inflation continues to force… Source link

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Team USA are in the knockout stage as heavy underdogs against Netherlands, who are back in the Round of 16 after failing to even qualify for the 2018 World Cup. Netherlands have a 49 percent chance to win in regulation, but an implied total of just 1.46 compared to 22 percent chance to win and an implied total of 0.96 for team USA. That said, Team USA have defied the odds throughout the tournament and are playing with a chip on their shoulders after an undefeated group stage. CASH GAME… Source link

Yahoo Ad Tech will migrate all of its advertising technology workloads, including its media-buying and supply-side platforms, analytics and identity solutions and products from its on-premises data centres to AWS. The migration is part of its ongoing digital transformation strategy to reduce IT infrastructure costs, transform its advertising business operations and develop more tailored and immersive solutions. “By harnessing the power of AWS, we’ll be able to move faster and give our… Source link

The first Friday of December is a light night for the NHL. There are only three games on the docket. Still, you want to take yourself into the weekend on a good note, right? Here are some players to target, and to avoid, for your DFS lineups. GOALIE Ilya Sorokin, NYI vs. NAS ($39): Sorokin has always been an above-average NHL goalie, but he’s playing at a Vezina level this year. The Russian has a 2.18 GAA and .933 save percentage. Nashville isn’t just in the bottom four in the NHL in goals per… Source link

The key to unlocking better performances for stocks and the IPO market in 2023 boils down to strong execution by the Federal Reserve on its policy actions, according to New York Stock Exchange President Lynn Martin. “I think the markets will continue to try to find their footing,” Martin said on Yahoo Finance Live (video above). “The one thing markets don’t like is to be surprised.” Martin, who is coming up on her one-year mark leading the iconic NYSE, explained the Fed has surprised investors… Source link

Does the IP address of your website’s server affect your rankings in search results? According to some sources around the internet, your IP address is a ranking signal used by Google. But does your IP address have the potential to help or harm your rankings in search? Continue reading to learn whether IP addresses are a Google ranking factor. The Claim: IP Address As A Ranking Factor Articles on the internet from reputable marketing sites claim that Google has over 200 “known” ranking… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, December 2, 2022 Today’s newsletter is by Myles Udland, senior markets editor at Yahoo Finance. Follow him on Twitter @MylesUdland and on LinkedIn. Read this and more market news on the go with the Yahoo Finance app for Apple or Android.Yahoo Finance App. The November jobs report is due out in just a few hours. And though monthly inflation… Source link