US stocks wipe out steep losses that followed Trump’s ‘liberation day’

Financial Times

Financial Times

Summary

88:88
President Donald Trump signed an executive order yesterday directing the Corporation for Public Broadcasting to end federal funding for America’s two biggest public broadcasters, which have faced a series of attacks from the White House and Republican lawmakers accusing them of biased reporting.
CNN
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With the latest reductions, reported on Friday in the monthly nonfarm payrolls report from the Bureau of Labor Statistics, federal government non-U.S. Postal Service employment has declined by more than 23,000 so far this year.
The Gazette
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The unemployment rate remained unchanged at 4.2%.
NBC News
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With the job market holding up and inflation still running above their 2% target, Fed policymakers are expected to stick to their plan to leave short-term borrowing costs where they are while they wait to see how the tariffs affect prices and economic growth.
Reuters

■ Story #47 ▪

issue 88:88 ▪

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19 sources ▪

updated 88:88

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