CNBC Economy

There's nothing about a 3.7% unemployment rate and another 199,000 jobs that even whispers "recession," let alone screams it.

The overall unemployment rate declined 0.2% to 3.7% last month, against a forecast that it would hold steady at 3.9%

Nonfarm payrolls were expected to increase by 190,000 in November, according to the Dow Jones consensus estimate.

Health care and government hiring led the way in November.

China's Politburo said Friday that it would continue to implement "proactive" fiscal policies and "prudent" monetary policies next year.

Economists expect the Labor Department to report that nonfarm payrolls expanded by 190,000 last month, up from 150,000 in October.

The report identified Shell, Exxon Mobil, Glencore and Kraft Heinz as among the firms that saw profits "far outpace" inflation.

The Chinese economy still has a "steep hill to climb" despite a surprise pickup in exports and is unlikely to be bolstered by further fiscal stimulus, according to HSBC's chief Asia economist.

Private sector job creation slowed further in November and wages showed their smallest growth in more than two years, ADP reported.

The Bank of England warned on Wednesday warned that although household finances are faring better than expected, higher borrowing costs have yet to feed through to the economy.

Real incomes are not rising enough to cover the increase in debt burdens, according to Carl Weinberg.

The announcement is the latest move in Saudi Arabia's aggressive campaign to attract international investment and headcount to the kingdom.

Employment openings totaled 8.73 million for the month, a decline of 617,000, or 6.6%, the Labor Department reported Tuesday.

The personal consumption expenditures price index was expected to increase 0.2% in October on a monthly basis and 3.5% from a year ago.

Interest rate cuts don't happen during good times, something important for markets to remember.

The acceleration topped the initial 4.9% reading and was better than the 5% Dow Jones forecast.

The market is getting ahead of the likely pace of U.S. interest rate cuts, according to IBM Vice Chairman Gary Cohn.

Central banks having hiked interest rates at breakneck speed and those rates are set to stay higher for longer while the lagged effects set in.

He pointed out a variety of areas where progress has been made, suggesting the Fed at least won't need to hike rates further from here.

The price of attending sporting events rose 25.1% from October 2022 to October 2023, according to government data.