The Latest Breaking News from ADP

Private sector employment cooled unexpectedly in June, payroll firm ADP said Wednesday, with job creation slowing for a third month.

Initial jobless claims continued rising, while services businesses tapped the brakes in June, boosting the case for a Federal Reserve rate cut in September.

On the stock market today, the Dow Jones fell Wednesday on surprise jobs data, with Fed minutes next. Tesla extended its recent gains.

The S&P 500 on July 2 closed north of the 5,500-point mark for the first time, extending the benchmark's 2024 gain to 15.5%.

Dividend aristocrats offer a reliable source of income, stability, and growth potential, making them an attractive option for income-seeking investors. Amid this backdrop, investors could consider buying fundamentally strong dividend aristocrats Automatic Data Processing (ADP), Target Corp (TGT), Kimberly-Clark Corp (KMB), and Genuine Parts Company (GPC) for reliable income. Read…

A survey of 35,000 workers found more one in four 24-34-year-olds cared about their day-to-day happiness, compared with more than half of baby boomers.

Automatic Data Processing has underperformed the broader market, and Wall Street analysts are cautious about the stock’s outlook.

A surprisingly strong May jobs report added to market concerns that inflation pressures in the world's biggest economy remain elevated.

Tentative signs have begun to emerge that the U.S. economy is cooling in a way that would be welcomed by the Federal Reserve’s inflation fighters: Companies are posting fewer available jobs, consumer spending has slipped and wage growth, while still healthy, is gradually slowing

The Labor Department's May jobs report will be key to the market's autumn interest-rate bets.

More signs of a cooling labor market boosted bets for a September rate reduction from the Fed.