U.S. jobs growth continues to boom but there are also clear signs the labor market is cooling.
This report is from today's
Daily Open, our international markets newsletter. Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribeas revised fourth-quarter data revealed the economy returned to growth. Gross domestic product grew 0.4% in the October-December period compared with a year ago. This comes after provisional data released in February showed the economy was inover a viral LinkedIn post that showed him getting a massage at a meeting.
.Innovation-focused Ark Invest is bullish on artificial intelligence amid the frenzy. Tasha Keeney, director of investment analysis and institutional strategies at the asset manager, is"particularly excited about" the autonomous cars segment, which she estimates could be a"$28 trillion opportunity."Yet, the jobless rate was higher than expected at 3.9%.