A report released by payroll processor ADP on Wednesday showed U.S. private sector job growth slowed by more than expected in the month of April.ADP said private sector employment increased by 247,000 jobs in April after jumping by an upwardly revised 479,000 jobs in March.Economists had expected private sector employment to surge by 395,000 jobs compared to the addition of 455,000 jobs originally...
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.