Strong US jobs growth dampens talk of rate cuts

US President Joe Biden speaks about strengthening US ports and supply chains after the International Longshore and Warehouse Union and the Pacific Maritime Association finalized a new contract covering west coast ports, in the State Dining Room of the White House in Washington, DC, on September 6, 2023. Jim Watson | Afp | Getty Images…

The Federal Aviation Administration will examine the jet-maker’s processes after last Friday’s emergency.

Netflix has seen subscriptions for its lower-priced advertising tier soar — jumping by 8 million over the past two months, the company said. The streaming giant — which rolled out its Basic With Ads plan for $6.99 a month in November 2022 — has amassed more than 23 million global monthly active users, according to…

Comment on this storyComment Add to your saved stories Save Some of the roughly 5 million families who receive rental assistance from the U.S. government could see sharp cuts to their benefits — and even the threat of eviction — unless lawmakers in Washington can craft a budget deal that fully funds key housing programs…

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Jane Fraser CEO, Citi, speaks at the 2023 Milken Institute Global Conference in Beverly Hills, California, May 1, 2023. Mike Blake | Reuters Citigroup warned investors late Wednesday that charges tied to the decline of the Argentine peso as well as the bank’s reorganization came in far higher than disclosed by the company’s CFO just…