NewsWatch: U.S. adds 225,000 jobs in January as hiring speeds up again – labor market ‘astounding’

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MARKETWATCH FRONT PAGE

The U.S. created a robust 225,000 new jobs in January to get off to a good start in 2020, reflecting surprising resilience in the labor market despite a contraction in manufacturing and softer economic growth. The unemployment rate edged up to 3.6%. See full story.

Pandemics cause short-term economic and political pain, and then their effects largely disappear

Tanner Brown on why Beijing would be wise to tone down its rhetoric against countries imposing travel bans. See full story.

A ‘technical correction is inevitable’ for Tesla, says global bubble report

Tesla is in a typical dot-com-like bubble, according to a report that analyzes bubbles across a range of securities. See full story.

Uber makes a lot of big promises for 2020 — now it just has to live up to them

Uber Technologies Inc. rewarded investors with a narrower-than-expected loss and an updated forecast for adjusted profits at the end of this year, a promise investors will now be counting on after its positive surprise. See full story.

‘I would rather have a socialist in the White House than Donald Trump,’ says Republican Joe Walsh

Walsh dropped out of the presidential race and plans to help elect Democrats now. See full story.

MARKETWATCH PERSONAL FINANCE

The average interest rate for a 30-year fixed-rate mortgage is now just 3.45%. See full story.

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