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U.S. Employment Jumps By 336,000 Jobs In September, Much More Than Expected
Indicating continued strength in the labor market despite aggressive interest rate hikes by the Federal Reserve, the Labor Department released a report on Friday showing employment in the U.S. surged by much more than expected in the month of September.
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Dollar Advances After Strong U.S. Jobs Data
The U.S. dollar appreciated against its major counterparts in the European session on Friday, as the nation's job growth surged in September.
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ARS Pharmaceuticals Says FDA Schedules Type A Meeting For Neffy By The End Of October
Biopharmaceutical company ARS Pharmaceuticals, Inc. (SPRY) announced Friday that the U.S. Food and Drug Administration (FDA) has scheduled a Type A meeting to discuss the contents of a Complete Response Letter (CRL) previously issued regarding its new drug application (NDA) for neffy (epinephrine nasal spray) for the treatment of allergic reactions (Type I), including anaphylaxis.
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India Central Bank Stands Pat On Rates; Hints At Open Market Bond Sales
India's central bank left its benchmark interest rate unchanged for the fourth straight session on Friday but cited high inflation as a major risk to stability and sustainable growth and raised the possibility of open market bond sales to absorb excess liquidity. The Monetary Policy Committee of the Reserve Bank of India unanimously decided to hold the policy repo rate at 6.50 percent.
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U.S. Employment Jumps Much More Than Expected In September
A closely watched report released by the Labor Department on Friday showed employment in the U.S. surged by much more than expected in the month of September.
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Dollar Climbs Following U.S. Jobs Data
The Labor Department has released U.S. nonfarm payrolls data for September at 8:30 am ET Friday. The greenback appreciated against its major counterparts after the data.
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Dollar Mixed Ahead Of U.S. Jobs Data
The Labor Department will release U.S. nonfarm payrolls data for September at 8:30 am ET Friday. Ahead of the data, the greenback traded mixed against its major counterparts. While it fell against the euro and the franc, it was steady against the pound. Against the yen, it firmed.
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Bay Street Likely To Open With Positive Bias
Canadian shares are likely to open with a positive bias, tracking higher commodity prices and steady European stocks. However, Canadian and U.S. employment data for the month of September will significantly impact the mood on Bay Street.
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Wall Street May Open Slightly Up; Jobs Data In Focus
Slightly higher futures point to a marginally positive start for U.S. stocks on Friday. The focus is on non-farm payroll data for the month of September.
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Loblaw Enters Automatic Share Purchase Plan Of 16.06 Mln Shares
Loblaw Companies Ltd. (L.TO) announced Friday that it has entered into an automatic share purchase plan with a broker in order to facilitate repurchases of Loblaw's common shares under its previously announced normal course issuer bid.
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SEC Files Suit To Compel Elon Musk To Testify In Twitter Investigation
The U.S. Securities and Exchange Commission has filed a lawsuit against Elon Musk, who heads Tesla, SpaceX and X Corp., seeking to force him to testify over his last year's Twitter acquisition. In a filing in California federal court, the US securities regulator said it was conducting an ongoing non-public investigation into whether Musk had violated various provisions of the federal securities...
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Sensex, Nifty Gain As RBI Retains Growth, Inflation Forecasts
Indian shares closed Friday's session higher after the Reserve Bank of India (RBI) left its benchmark interest rate unchanged, as widely expected, and retained its real GDP growth and inflation forecasts for FY24 at 6.5 percent and 5.4 percent, respectively.
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European Shares See Cautious Gains Ahead Of US Jobs Data
European stocks were seeing modest gains on Friday after data showed Germany's factory orders rebounded at a stronger-than-expected pace in August, reflecting the robust expansion in demand for computing, electronic and optical products.
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