US economy adds 119,000 jobs in September as unemployment rate rises | Business and Economy News

US economy adds 119,000 jobs in September as unemployment rate rises | Business and Economy News

United States job growth accelerated in September despite a cooling job market as the unemployment rate rose. Nonfarm payrolls grew by 119,000 jobs after a downwardly revised 4,000 drop in August, according to the Bureau of Labor Statistics (BLS) report released on Thursday. Recommended Stories list of 4 itemsend of list The unemployment rate rose…

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Blip, dip or pullback? Global investors weigh in on equities sell off

Blip, dip or pullback? Global investors weigh in on equities sell off

Global investor sentiment for artificial intelligence remains buoyant, despite on the ongoing equities sell-off.   European and Asia markets have seen days of consecutive losses, tracking their U.S. counterparts lower as pressures mount on AI-related stocks and their valuations. The pan-European Stoxx 600 on Tuesday notched its lowest level in a month, with major bourses opening lower on Wednesday, while Asia-Pacific markets fell.   Stateside, stock futures were little…

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