Stocks rise faster than US employment data By Reuters

2020-07-02

  Reuters. An SGX panel is shown on the Singapore Stock Exchange By Marc Jones LONDON (Reuters) – Global equities rose for a fourth straight day Thursday as encouraging coronavirus vaccine trials kept investors upbeat ahead of what was expected to be a record rebound in U.S. employment figures later.Read More →

What financial advisers have been doing with their clients’ money since the pandemic started and people search LESS for jobs after they exhaust their unemployment benefits

2020-06-24

Stay safe, MarketWatchers, and don’t miss these top stories: Personal finance Almost 1 in 3 Americans feel less patriotic this July 4th Fewer people are celebrating the Fourth of July or spending money on the holiday this year, surveys find What financial advisers have been doing with their clients’ moneyRead More →

Even flood maps don’t sway Florida coastal residents, and Trump promises 100,000 new ‘high-paying’ auto jobs — here’s why it may not be as simple as that

2020-02-07

TGIF, MarketWatchers. Don’t miss these top stories: Personal Finance ‘There’s an oiliness in it that stays in your mouth’: This café charges $39 for a cup of java made from bird droppings Holy Crapuccino! A $9 Starbucks coffee may never seem quite so expensive again. ‘Sea-level rise won’t affect myRead More →

The Jobs Report: The U.S. Is Doing Good

2019-12-07

Well, there were 266,000 jobs added to the US job market in November and the unemployment rate hit another fifty-year low at 3.5 percent. This was better than expected. Wages were up by 3.1 percent from one year ago, while consumer prices are up by less than 2.0 percent, yearRead More →

Asian markets inch up ahead of U.S. jobs report

2019-12-06

Asian markets gained in early trading Friday after a senior Chinese official said negotiations for a phase-one trade deal with the U.S. are progressing. Gao Feng, China’s minister of commerce, said Thursday that negotiators are in “close communication” and offered reassurances despite recent tensions. However, he also emphasized that ChinaRead More →

The Gannett-GateHouse Merger Is Really Happening, And Expect To See More Than 10% Of Jobs Cut Off The Top – Gannett Co., Inc. (NYSE:GCI)

2019-10-12

The megamerger is really happening. Expect the new Gannett (NYSE:GCI) – the brand that will survive that chain’s acquisition by GateHouse Media (NYSE:NEWM) – to officially take wobbly flight soon, perhaps around Thanksgiving. Both companies, the country’s No. 1 and No. 2 newspaper publishers, say it’s full speed ahead. IndependentRead More →

The Jobs Number: Not Disappointing

2019-10-07

This is the first of several articles on how to interpret today’s macroeconomic environment. Overview I began tracking employment data beyond the headlines a decade ago for my teaching. At the time, I expected to find a lot of early retirements, under the impact of the Great Recession. To myRead More →

HSBC to cut up to 10,000 jobs: FT By Reuters

2019-10-06

(Reuters) – HSBC Holdings Plc (L:) is planning to cut up to 10,000 jobs as interim Chief Executive Officer Noel Quinn seeks to reduce costs across the banking group, the Financial Times reported on Sunday. The plan represents the lender’s most ambitious attempt in years to cut costs, the newspaperRead More →

Market Update: The Mixed Bag Jobs Report

2019-10-05

By OpenMarkets Friday’s jobs report was a mixed bag. Jack Bouroudjian points out two numbers that stand out: the headline number, which marks the lowest unemployment rate since 1969; and wage gains, which stayed flat. He explains what that means for the yield curve and the dollar. Original post Editor’sRead More →

Treasury yields hold steady as traders await jobs report

2019-10-04

U.S. Treasury yields held their ground on Friday as investors looked ahead to the official scorecard of the labor market’s health, amid growing questions about the longevity of the recordlong economic expansion. What are Treasurys doing? The 10-year Treasury note yield TMUBMUSD10Y, -0.22% was down 0.7 basis point to 1.529%,Read More →