Slow August jobs report signals room for Fed rate cuts
U S employers added 142000 jobs in August, unemployment dipping to 4.2 percent as July revisions dampen earlier gains. Analysts say the cooling yet resilient labor market supports a quarter to half point rate cut later this month, with Powell signaling a soft landing amid mixed data and inflation near target.
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Harris Campaign Raises 361 Million in August Fundraising
The Harris campaign reports 361 million raised in August versus 130 million for Trump coordinated efforts. Harris ends August with 404 million cash on hand to Trump's 295 million. About 3 million donors fueled the haul, with many first-time donors and a strong female donor base.
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