What you need to know on Wall Street today

pulse

January 5, 2018 7:06 PM

Hello. Here's what you need to know on Wall Street today.

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The US economy added 148,000 jobs in December, fewer than expected, according to a report Friday from the Bureau of Labor Statistics.

The unemployment rate remained at 4.1%, a 17-year low that supports the Federal Reserve's assertion that the economy is near full employment. Theblack unemployment ratefell to a record low of 6.8%.

In related news, Gary Cohn is sticking around the White House — at least for another week.

In finance news, Deutsche Bank shares dropped after it announced a $1.8 billion tax hit. Bitcoin, political gridlock, and big data are set to transform finance in 2018. And global debt levels hit an unprecedented level in the third quarter of 2017, according to the Institute of International Finance..

In market news, Goldman Sachs

Mark Zuckerberg says Facebook is looking into how it can use cryptocurrency.

he iced tea company that pivoted to blockchain is selling $8.4 million of shares to buy bitcoin mining machines.

Lastly, here are our predictions for who will win big at the 2018 Golden Globes — and who should win

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