44°F
Sponsored by

Business Minute: Job Creation Slower than Expected

The markets had a muted response to Friday's jobs report, which showed fewer jobs were created in December than expected.
The markets had a muted response to Friday's jobs report, which showed fewer jobs were created in December than expected.

However, the unemployment rate dropped to 6.7%. Some experts blame the slow job growth on bad weather, as there was a big drop in the construction sector. The focus this week turns to earnings season, which kicks off tomorrow with JP Morgan's results.

Analysts expect earnings growth for companies in the s&p 500 to rise 6% in the fourth quarter.

Target's CEO speaks out publicly for the first time since the retailer was hit by a massive data breach. As many as 70 million debit & credit card accounts may be affected. In an exclusive interview with CNBC, Gregg Steinhafel says while the full extent of the breach is not known, he's confident target stores are safe & secure.

Page: [[$index + 1]]
comments powered by Disqus

More Local News