
March jobs report comes in hot: The US economy added 303,000 positions last month
CNN
Job growth remains plentiful at American businesses.
Job growth remains plentiful at American businesses. Employers added 303,000 jobs in March and the unemployment rate fell to 3.8%, according to the Bureau of Labor Statistics. The total far surpasses economists’ expectations: Economists had projected a net gain of 200,000 jobs for the month, down from February’s downwardly revised 270,000 jobs added; and for the jobless rate to fall from 3.9% to 3.8%, according to FactSet consensus estimates. This story is developing and will be updated.

If paying $1,000 for a new iPhone already sounded expensive, consumers should brace for even greater sticker shock later this year. President Donald Trump’s tariffs on foreign goods – specifically those sourced from China – are expected to heighten the prices of everyday tech products, from iPhones to laptops, cars and even smaller gadgets like headphones and computer mice.

The US stock market, fresh off its third-best day in modern history, is sinking back into reality: Although President Donald Trump paused most of his “reciprocal” tariffs, his other massive import taxes have already inflicted significant damage, and the economy won’t easily recover from the fallout.

The US stock market, fresh off its third-best day in modern history, is sinking back into reality: Although President Donald Trump paused most of his “reciprocal” tariffs, his other massive import taxes have already inflicted significant damage, and the economy won’t easily recover from the fallout.