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Lawrence Journal World in Lawrence, Kansas

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Newspaper

Lawrence Journal World

Location

Lawrence, Kansas, United States of America

Date

Jun 06, 2016

Page

5

AT&T Nokia expand 5G lab work across multiple sites

AT T and Nokia broaden 5G lab trials in Middletown New Jersey Atlanta and San Ramon California building toward speeds of at least 10 gigabits per second this year Verizon pursues similar goals. The commerce notes a tech race before US 5G commercial viability around 2020.

At&t NOKIA U.S Austin Middletown N.J Atlanta San Ramon Calif Verizon

Wall Street regroup after jobs curve ball

Wall Street questions the Fed’s timing after a dismal May jobs report of 38 000, signaling possible June rate hike delays. Traders await Fed Chair Janet Yellen speech for clues on future moves, with July or September hikes debated and Brexit risk watched closely. The data shift tempers expectations and underscores data dependence before any rate change.

Wall Street Federal Reserve Fed Janet Yellen Yellen Jobs Brian Needleman Cornerstone Financial Partners USA Today Ron Sanchez Fiduciary Trust Sanchez Britain European Union

Labor market cools with slow May job gains

U S labor market shows a middling May with 38 000 new jobs and revisions trimming prior gains by 59 000. Economists attribute the slowdown to temporary factors weather strikes market volatility and political uncertainty while noting tighter labor supply and skills mismatches. Prospects point to modest rebound later in 2016 with analysts forecasting 150 000 to 175 000 monthly gains.

Labor Department Donald Trump Stuart Hoffman PNC Financial Services Group Mark Zandi Moody’s Analytics Lauren Griffin Adecco Zandi Hoffman Verizon Jeanne Branthover DHR International Trump Bernard Baumohl Economic Outlook Group China Baumohl Branthover Scott Anderson Bank of the West

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