'The disappointing jobs report makes it clear that paying people not to work is dampening what should be a stronger jobs market,' the U.S. Chamber of Commerce said.
It may take more than a much-weaker-than-expected April jobs report to kill the stock market rally, though the popular reflation trade is seeing a modest setback.
The U.S. created just 266,000 new jobs in April even as the economy gained strength, suggesting companies might be struggling to fill open jobs even with millions of people still unemployed. The jobless rate rose to 6.1% from 6%.
Both Visa and Mastercard trade at high valuations, but they're expected to continue to post brisk earnings growth.
Treasury Secretary Janet Yellen announced her intention to appoint Federal Reserve bank regulator, Michael Hsu, as acting comptroller of the currency Friday morning.
Low-income families experienced more anxiety, depression, and negative behaviors when the kids' lives were thrown up in the air, study shows.
Minneapolis Fed President Neel Kashkari said Friday the surprisingly weak April job report was an example of how far the economy is from full employment.
Applied Materials and Micron Technology are among a quartet of companies that fly under the radar.
