Reported 1 day ago
The U.S. economy added 228,000 jobs in March, surpassing expectations, while the unemployment rate slightly rose to 4.2%. However, the positive report comes amid President Trump's aggressive tariffs, particularly a new 34% levy from China on U.S. goods, raising concerns about potential recession and impacting market confidence. Despite strong labor data, fears over the tariffs have led to significant stock market sell-offs, complicating the Federal Reserve's monetary policy decisions moving forward.
Source: YAHOO