Wall Street awaits major US jobs report

Friday, 4 March 2016 14:36

Wall Street sign outside the New York Stock Exchange in New York.

Analysts on Wall Street are eagerly awaiting February's jobs report that's due on Friday. It's seen as the biggest snapshot into how the labour market in the United States is performing and it's a piece of data that the Federal Reserve also keeps strict tabs on. Investors are closely watching the report for clues to when the Fed might next raise interest rates. A strong labour market would also ease fears that the US economy is heading into recession. William Denselow has more from New York.

Listen

More from Business News

IDC 2025 discusses global disruptions, defence preparedness

The International Defence Conference 2025 commenced on Sunday at Emirates Palace in Abu Dhabi, bringing together defence and security leaders, experts, and companies from around the world to discuss key challenges and opportunities in the sector.
Dubai Energy Council reviews carbon emissions progress

Ahmed bin Saeed chaired the Dubai Supreme Council of Energy meeting on Sunday, which reviewed progress in carbon emission reduction technologies in alignment with the UAE’s Net Zero 2050 Strategy and the Dubai Carbon Abatement Strategy 2030.
OpenAI board rejects Musk's $97.4 billion offer

OpenAI has rejected a $97.4 billion (AED 357 billion) bid from a consortium led by billionaire Elon Musk for the ChatGPT maker, saying the startup is not for sale and that any future bid would be disingenuous.
AD Ports Group reports net profit of AED 1.78 bln

AD Ports Group has announced its preliminary unaudited financial results for the fourth quarter and full year ending December 2024, and saw revenue increase 48 per cent year-on-year (YoY) to AED 17.29 billion.

On Virgin Radio today

Non Stop Hits
Midnight - 6:00am

The UAE's #1 Hit Music Station with no interruptions
The Kris Fade Show
6:00am - 10:00am

Kris, Priti and Rossi host the UAE's biggest radio show. It's full of fun, laughs and it's Where The Stars Live.

Trending on Virgin Radio

The Rock and Chris Evans: A Christmas Surprise!
The Rock and Chris Evans: A Christmas Surprise!
ARN News Centre
Get the latest UAE and world news from our award winning team of journalists. The ARN News Centre is the country's most trusted source of information.
Untold Dubai
It arrived: The UAE's First Mega Music Festival at Expo City Dubai!
Bassem Youssef
One of the most talked about comedians in the world takes over The Kris Fade Show. Watch the full interview here...