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The number of job openings dropped by , to 8. The decline in job openings was led by the health care and social assistance sector, with unfilled jobs dropping by , The state of the labor market is closely monitored by the Federal Reserve as it considers its interest rate policy. Hiring has slowed, but employers have added , jobs per month this year.

The unemployment rate remained unchanged at 3. The sectors with the most job growth were professional and business services, transportation and warehousing, and health care. There are ongoing concerns about inflation and labor shortages. It has hiked its policy rate by basis points since Wholesale goods prices dropped 0. They were depressed by decreases in the prices of energy products, with gasoline declining 5.

Food prices fell 0. Egg prices, however, rebounded Excluding food and energy, goods prices were unchanged after increasing 0. The narrower measure of PPI, which strips out food, energy and trade services components, was unchanged in June. That was the lowest reading since May and followed a 0. The core PPI increased 3. Consumers are taking note of the moderating price pressures, though that has not lifted spirits as the upcoming presidential election raises concerns about the economy's trajectory.

The University of Michigan's preliminary reading of one-year inflation expectations dipped to 2.

Lucia mutikani biography of christopher

Its five-year inflation outlook also fell to 2. The move could result in the resignations of hundreds of thousands of people. President Donald Trump said on Monday that Chinese startup DeepSeek's technology should act as spur for American companies and said it was good that companies in China have come up with a cheaper, faster method of artificial intelligence.

Investors sold technology stocks across the globe on Monday over concerns the emergence of a low-cost Chinese artificial intelligence model would threaten the dominance of the current U. CPF members who are 55 and above will see their special account closed with funds shifted to their retirement and ordinary accounts. Chinese leader Xi Jinping struck a bullish tone during a speech on Monday ahead of Lunar New Year, after acknowledging "complex and severe situations" in recent months.

The "Daily Show" host put Democrats on blast over one word they keep using. The former home secretary said Britain could "fall into the hands of Muslim fundamentalism" and become like Iran. Cost of living, housing prices, and the economy are key voters' concerns ahead of GE Plus some of the biggest and fascinating news in Singapore and beyond.

A Ukrainian special forces commander says North Korean troops have moved back from the fighting for roughly a fortnight. President Donald Trump had threatened tariffs and sanctions on Colombia to punish it for earlier refusing to accept military flights carrying deportees as part of his sweeping immigration crackdown. US job growth beats expectations in December; unemployment rate falls to 4.

US labor market stable as job openings rise, hiring eases in November Jan 07, US service sector growth picks up; input prices gauge highest in nearly two years Jan 07, US weekly jobless claims slide to eight-month low Jan 02, US core capital goods orders rebound; consumer confidence deteriorates amid tariff worries Dec 23, Find out everything there is to know Publication resume, most loved topics, and more.

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