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U.S. Dollar Rebounds As Job Growth Exceeds Expectations
The U.S. dollar erased its early losses against its major counterparts in the European session on Friday, as stronger-than-expected job growth in May pointed to resilience in the labour market.
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U.S. Employment Surges In May But Unemployment Rate Climbs
The Labor Department released its closely watched monthly jobs report on Friday, showing U.S. employment surged by much more than expected in the month of May. The report showed non-farm employment soared by 339,000 jobs in May after spiking by an upwardly revised 294,000 jobs in April.
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Ford Recalls 142,522 2015-2019 Lincoln MKC Vehicles
Ford Motor Co. (F) on Friday issued a recall for a total of 142,522 2015-2019 model year Lincoln MKC vehicles in the United States and United States Federal Territories. The battery monitor sensor in these vehicles may potentially be susceptible to damage, which can cause an electrical shorting, overheating and fire hazard.
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U.S. Employment Surges Much More Than Expected In May
The Labor Department released its closely watched monthly jobs report on Friday, showing U.S. employment surged by much more than expected in the month of May.
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MEI Pharma Promotes COO David Urso To Succeed Daniel Gold As President And CEO
Pharmaceutical company MEI Pharma, Inc. (MEIP) announced Friday that, in connection with the Company's previously announced succession plan, Daniel Gold's tenure as the president and chief executive officer of MEI will end on June 2, 2023.
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Dollar Climbs Following U.S. Jobs Data
Following the release of U.S. nonfarm payrolls data for May at 8:30 am ET Friday, the greenback appreciated against its major counterparts.
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Dollar Mixed Ahead Of U.S. Jobs Data
At 8:30 am ET Friday, the Labor Department will release U.S. nonfarm payrolls data for May. Ahead of the data, the greenback traded mixed against its major counterparts. While it was steady against the yen, it rose against the rest of major rivals.
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Bay Street Likely To See Positive Start
Higher Canadian and U.S. futures, firm crude oil prices and gain in European markets point to a positive start for the Canadian market on Friday.
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Boeing, NASA Further Delay Starliner Crew Flight Launch
Boeing and NASA announced further delay in the much expected launch of Starliner Crew Flight to the International Space Station following certain emerging issues with the capsule. Boeing has been developing its Starliner spacecraft after winning nearly $5 billion in contracts under NASA's Commercial Crew Program. Starliner's first crewed flight was earlier prepared for an April launch.
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Yen Falls On U.S. Debt Deal Approval
The yen weakened against its major counterparts in the European session on Friday amid risk appetite, as the U.S. Senate approved a bipartisan deal to address the debt ceiling and implement budget cuts, avoiding a potential U.S. default.
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Sensex, Nifty End Modestly Higher Ahead Of US Jobs Data
Indian shares eked out modest gains in cautious trade on Friday as investors awaited the all-important U.S. jobs report due later in the day for directional cues.
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European Shares Climb On Fed Pause Hopes
European stocks traded sharply higher on Friday, with Fed pause hopes and easing U.S. debt default worries helping underpin sentiment ahead of the all-important U.S. jobs data due later in the day.
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FTSE 100 Rallies Led By Oil And Mining Stocks
U.K. stocks rose on Friday as a weaker dollar on Fed pause hopes and easing U.S. debt default worries boosted commodity prices.
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