Business & Finance: US Today

162,000 — The U.S. economy added that many jobs in August, nearly triple the 53,000 forecast and a dramatic reversal from July's initially reported job losses.

Rate Hike Odds Spike as Fed Faces a Good-Job Problem

• The strong payrolls report sent the probability of a September Fed rate hike surging to 60.4%, up sharply from 49.4% the day before — a remarkable single-day swing in rate expectations.
• Unemployment held steady at 4.1%, and the Bureau of...