After eight years of "people beating the crap out of him," Fed Chairman Ben Bernanke "deserves a break," former Fed Governor Frederic Mishkin tells CNBC.» Read More
*Gold climbs off Friday lows, propped up by China buying. SINGAPORE, June 10- Gold inched up on Monday after dropping 2 percent in the previous session, as buying in China offset fears the Federal Reserve could soon begin to scale back its monetary stimulus on the strength of recent jobs data.
TOKYO, June 10- U.S. oil was steady on Monday, as indications of a pick up in hiring in the United States helped investors shrug off more signs that China's economic growth could be stuttering. *NYMEX crude for July delivery was 18 cents higher at $96.21 a barrel at 0000 GMT, after gaining $1 on Friday following data that pointed to modest gains in U.S. hiring.
SINGAPORE, June 10- Gold was steady on Monday after dropping 2 percent in the previous session as U.S. jobs data suggested the Federal Reserve could soon begin to scale back its monetary stimulus.
NEW YORK, June 9- The U.S. The Labor Department added 175,000 jobs in May, slightly higher than expected, but at a level that indicates the status quo should hold for the Federal Reserve's stimulus program.
Discussing whether the jobs data might trigger Fed tapering, with John Silvia, Wells Fargo Securities, and Phil Orlando, Federated Investors. Jessica Tarlov, Schoen Consulting; Tony Katz, All Patriots Media Network; and Mark Simone, WOR radio talk show host, weigh in.
Did the market rally on jobs data? CNBC's Maria Bartiromo shares her observation.
The economy added 175,000 jobs in May. However, New Jersey builder Michael Fink explains he has plenty of job openings, but can't find skilled people to fill the positions.
NEW YORK, June 7- The U.S. The Labor Department added 175,000 jobs in May, slightly higher than expected, but at a level that indicates the status quo should hold for the Federal Reserve's stimulus program.
WASHINGTON, June 7- U.S. employers stepped up hiring a bit in May in a show of economic resilience that suggests the Federal Reserve could begin to scale back its monetary stimulus later this year. The United States added 175,000 jobs last month after adding only 149,000 in April, the Labor Department said on Friday.
NEW YORK, June 7- The Dow shot up more than 200 points, scoring its best day since Jan. 2, and the S&P 500 ended a two-week losing streak on Friday after U.S. jobs data eased investors' worries that the Federal Reserve may be reducing its stimulus program in the near future.
*Copper, gold down on fears Fed may rethink its stimulus. Copper and gold fell on fears the jobs data was strong enough for the Federal Reserve to begin to scale back stimulus efforts sooner than expected. "Oil is taking a cue from the equity market, which obviously liked the employment data," said John Kilduff, a partner at Again Capital LLC in New York.
Discussing May's jobs data and how it could influence Fed policies, with Doug Holtz-Eakin, former CBO director, and CNBC's Steve Liesman.
What today's jobs data means for the economy, with Lance Roberts, StreetTalk Advisors; Peter Costa, Empire Executions; Alan Valdes, DME Securities; and CNBC's Rick Santelli.
CNBC's Eamon Javers offers insight on some "interesting" trades ahead of the release of this morning's jobs report.
NEW YORK, June 7- The S&P 500 ended a two-week losing streak on Friday as U.S. jobs data eased anxiety that the Federal Reserve may be reducing its stimulus program in the near future. For the week, the Dow rose 0.9 pct, the S&P 500 gained 0.8 pct and the Nasdaq advanced 0.4 pct.
PHILADELPHIA, June 7- The latest U.S. jobs report on Friday showed that government spending cuts have so far not been as damaging as some feared, Philadelphia Fed President Charles Plosser said, adding it only entrenched his opinion that the Federal Reserve should reduce its bond buying "now".
*U.S. adds 175,000 jobs in May- Labor Department. NEW YORK, June 7- Brent crude oil rose $1 a barrel on Friday as data pointing to modest gains in U.S. hiring gave U.S. stock markets a boost, taking crude along for the ride. The United States added 175,000 jobs last month, Labor Department data showed, just above the median forecast in a Reuters poll.
One nerdy nugget out of May's jobs data that will make you look really smart at this weekend's cocktail party, with CNBC's Steve Liesman.
Dissecting this week's trading and what today's jobs data says about the economy, with Robert Luna, SureVest Capital Management, and Scott Wren, Wells Fargo Advisors.
What today's jobs data means for Fed policy and the economy, with CNBC's Steve Liesman.