Employers Added 177,000 Jobs in April Despite Tariff Uncertainty
Hiring slowed slightly during a tumultuous month , with tariffs unnerving businesses and consumers. The unemployment rate held at 4.2%.
U.S. Stocks Rise After Jobs Report
Stocks traded higher after data showed the U.S. added more jobs than expected in April. The data boosted stocks, which had already been lifted by signs of a thaw between Beijing and Washington.
U.S. Factory Orders Rose in March
Orders from U.S. factories grew in March, rising for a third straight month, the Commerce Department said.
China Signals Readiness to Respond to U.S. Trade Overtures
Beijing again seeks an end to President Trump's tariffs and calls for "sincerity."
Trump Proposes Slashing $163 Billion in Government Programs, While Boosting Military Spending
The president's budget wish list would cut health research, climate and education programs.
Eurozone Inflation Holds Close to Target, Lining Up New Rate Cuts to Counter Tariffs
Consumer-price inflation in the eurozone remained just above the ECB's target, teeing up more interest-rate cuts as policymakers anticipate a hit to growth from higher U.S. tariffs.
Asia Factory Activity Sputters as Trump Tariffs Hit
The first set of S&P Global's purchasing managers indexes since the Trump administration announced sweeping tariffs on dozens of countries signaled a pullback in manufacturing in the region last month.
Japan Wary of China Import Surge, Finance Minister Says
In an interview, Katsunobu Kato also said currency management hasn't been part of U.S.-Japan trade talks.
EU Could Offer to Buy $56 Billion of U.S. Products to End Trade War, Top Negotiator Says
Trump has repeatedly lambasted the EU for what he says are the unfair surpluses they run in their trade in goods with the U.S.
Trade War Exposes China's Dependence on U.S. for Auto Chips
Certain American chips are essential for cars and other industrial goods made in China-a vulnerability revealed in tariff exemptions pushed by Beijing.
(END) Dow Jones Newswires
May 02, 2025 11:00 ET (15:00 GMT)
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