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US job growth takes a breather; unemployment rate at 4.0%

WASHINGTON (Reuters) -U.S. job growth slowed more than expected in January after robust gains in the prior two months, but a 4.0% unemployment rate probably will give the Federal Reserve cover to hold off cutting interest rates at least until June. The Labor Department's closely watched employment report on Friday also showed strong wage growth last month, with average hourly earnings surging, which should keep consumer spending supported. Labor market resilience is the driving force behind the economic expansion.

Fed’s Kashkari Says Rates to Decline ‘Modestly’ in 2025

(Bloomberg) -- Federal Reserve Bank of Minneapolis President Neel Kashkari said he expects inflation will continue to cool toward the central bank’s 2% target, allowing policymakers to lower interest rates “modestly” by the end of the year.Most Read from BloombergNice Airport, If You Can Get to It: No Subway, No Highway, No BridgeCitadel to Leave Namesake Chicago Tower as Employees RelocateSin puente y sin metro: el nuevo aeropuerto de Lima es una debacleNYC Sees Pedestrian Traffic Increase in C

3 Cryptocurrency Predictions for 2025 (Hint: One Is About XRP)

The price of Bitcoin, the world's largest cryptocurrency, surpassed $109,000 at one point and has regularly hovered around $100,000 since the end of last year. President Donald Trump's victory in November sent the sector up, up, and away as investors got bullish about the chances for a lighter and more friendly regulatory environment that seeks to make the U.S. the crypto capital of the world. There are plenty of ways investors can easily buy them already through platforms like Coinbase Global.

Sluggish Jan payrolls growth unlikely to sway Fed

Nonfarm payrolls increased by 143,000 jobs last month after rising by an upwardly revised 307,000 in December, the Labor Department said on Friday. The payroll gain wasn’t great, but it was decent especially considering the jump in payrolls in November and December.

1 Cryptocurrency to Consider Buying With $1,500, and 1 to Avoid

With so many cryptocurrency opportunities abounding right now -- including quite a few opportunities to lose all of your money -- sticking to the highest-quality assets is simply not optional. With that in mind, let's dig into one top crypto coin that's worth considering an investment in, and then take a beat to understand another popular coin that could be a fast trip to nearly zeroing out your invested cash. XRP (CRYPTO: XRP) has one thing going for it that most cryptocurrencies struggle with: a use case that big financial institutions are on board with.