A closely watched report released by the Labor Department on Friday showed U.S. employment soared by more than expected in the month of July.The Labor Department said non-farm payroll employment spiked by 943,000 jobs in July after surging by an upwardly revised 938,000 jobs in June.Economists had expected employment to jump by 870,000 jobs compared to the addition of 850,000 jobs originally repor...
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.