The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

The Federal Reserve’s monetary-easing campaign for 2024 may already be over as the strong labor report Friday underscores the ...

U.S. employers added more than a quarter million jobs in September, while the unemployment rate fell to 4.1%. Here's what to ...

The blue-chip Dow jumped 341.16 points, or 0.8%, to 42,352.75, eclipsing its previous high of 42,330.15 on Monday. The S&P 500 gained 0.9% and the Nasdaq gained more than 200 points, or 1.2%. All ...

Major indexes closed higher to end the week with positive momentum from a strong jobs report. Learn more from Alpha Picks ...

Friday's jobs report contained some pleasant surprises. Data from the Department of Labor showed that hiring picked up in September: Employers added 254,000 jobs last month, much higher than the 150,0 ...

A much better-than-expected jobs report released just hours after the quick suspension of a longshoreman’s strike is giving a ...

Odds of a 50 basis point cut dropped to 0% from 53% last week after the strong September jobs report, according to the CME ...

U.S. stocks rallied to close the week Oct. 4 after a surprisingly strong report on the U.S. job market raised optimism about ...

Grayscale’s research head says September’s US jobs report indicates a possible slowdown in rate cuts, but it’s still bullish ...

Yields on 2- and 10-year government debt finished on Friday with their largest weekly advances in up to two years, after September's nonfarm payrolls report erased the likelihood of another aggressive ...