Economy unexpectedly sheds 92,000 jobs as war spurs inflation worries [Yahoo! Finance]
Goldman Sachs Group, Inc. (The) (GS)
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Source: Yahoo! Finance
T he economy unexpectedly lost 92,000 jobs last month, the Bureau of Labor Statistics reported Friday, as fighting in the Middle East pushed up oil prices to the highest level since 2022, spurring worries of higher inflation. Job losses spanned the full range of industries — from manufacturing and warehousing to transportation and healthcare — and nudged up the jobless rate by 0.1 percentage point to 4.4% , belying a view among many Federal Reserve officials that the labor market is firming. “The hopes that the labor market was steadying, maybe that was too much,” San Francisco Fed President Mary Daly said. “We also have inflation printing above target, and oil prices rising,” she said in a CNBC interview. “Both of our goals are risks now, and we have to keep our eye on both,” Daly said, referring to the Fed's mandate to ensure stable prices and full employment Dive Insight: Shrinking payrolls prompted traders in interest rate futures on Friday to predict a faster pace of mon
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GS
Earnings
- 1/16/26 - Beat
GS
Sec Filings
- 3/6/26 - Form 424B2
- 3/6/26 - Form 424B2
- 3/6/26 - Form 424B2
- GS's page on the SEC website