
The Fed cares a lot about jobs data — but it may be getting mixed signals
According to private payroll processor ADP, US employers hired 455,000 new workers in June. Meanwhile, in its monthly tally, the Bureau of Labor Statistics said 105,000 new workers were hired. But for August, the two arrived at similar estimates — ADP reported on Wednesday that 177,000 new workers were added last month, and on Friday the BLS reported 187,000 new hires.
2023-09-04 20:54

ECB's Kazimir: latest hike was maybe the last, still need to see data
The European Central Bank's rate hike last month was likely the last although the bank cannot be certain
2023-10-05 17:15

Marketmind: Seeking signs of life in Chinese inflation
By Jamie McGeever A look at the day ahead in Asian markets from Jamie McGeever. Wall Street and
2023-05-11 05:56

Charting the Global Economy: Strong Data Send Bond Yields Surging
US Treasury yields surged this week, sparking a broader selloff in global bond markets as investors brace for
2023-10-07 17:56

How you can prepare for a debt default
Treasury Secretary Janet Yellen reaffirmed June 1 as the hard deadline to raise the debt ceiling on Monday, saying she expects the US not to be able to pay all of its bills in early June.
2023-05-23 20:17

Warren Buffett isn't worried about Fitch's downgrade
Warren Buffett is shrugging off Fitch Ratings' historic downgrade of US credit from the top AAA grade to AA+.
2023-08-03 22:47

African leaders arrive in Russia for summit as Kremlin seeks allies amid fighting in Ukraine
Some African leaders have arrived in Russia for a summit with President Vladimir Putin as the Kremlin seeks more allies amid the fighting in Ukraine
2023-07-27 01:59

White House claps back at Marjorie Taylor Greene criticising efforts to help American families
Although Georgia Republican Rep Marjorie Taylor Greene tried to criticize President Joe Biden by comparing his programs to those of Presidents Franklin Roosevelt and Lyndon Johnson, the White House took it as a compliment. “Caught us. President Biden is working to make life easier for hardworking families,” the official White House account tweeted. Rep Greene outlined President Johnson’s programmes, called The Great Society, which addressed “education, medical care, urban problems, rural poverty, transportation, Medicare, Medicaid, food stamps and welfare,” as well as the Office of Economic Opportunity and labor unions. While Johnson had The Great Society, Joe Biden has Build Back Better, Ms Greene said, describing it as: “The largest public investment in social infrastructure and environmental programs that is actually finishing what FDR started that LBJ expanded on.” “And Joe Biden is attempting to complete socialism,” Ms Greene continued. “Marjorie Taylor Greene thought her recent speech was an attack on â¦POTUSâ©. It’s actually a huge compliment,” California Democratic Congressman Ted Lieu chimed in. New York Democratic Congressman Ritchie Torres also reacted: “Marjorie Taylor Greene, a recovering member of the House Freedom Caucus, has accused President Biden and Congressional Democrats of ‘trying to finish what FDR started.’” He added, “Yes! We are guilty as charged.” Rep Greene criticized President Biden’s investments, saying the US is “now $32 trillion in debt with record high homelessness, 40 year record inflation. We’re losing the US Dollar as the number one world currency. We’re losing our freedoms. Our government is one big fat bloated machine and it’s killing the American dream.” Read More Marjorie Taylor Greene’s antics show that the 2024 election will be about America’s role in the world Far-right pundits and lawmakers evangelise and crown Trump and Tucker at Turning Point’s Florida conference Marjorie Taylor Greene brands Nato ‘not a reliable partner’ as she calls for US to withdraw
2023-07-18 00:52

Turned down for a loan, business owners look to family and even crowdsourcing to get money to grow
Among the many challenges small businesses face as they try to grow these days, getting a loan is right near the top
2023-11-27 00:58

Meta to ask EU users' consent to share data for targeted ads
Social media giant Meta on Tuesday said it intends to ask EU-based users to give their consent before allowing targeted advertising on its networks including Facebook...
2023-08-01 23:26

Southwest makes a pitch for frequent flyers by making it easier to qualify for elite status
There's a battle brewing in the airline business to attract travelers who want elite status in a frequent-flyer program
2023-10-17 00:48

China Evergrande says bankruptcy protection filing does not involve petition
Embattled property developer China Evergrande Group said on Friday its application to the U.S. Court for bankruptcy protection
2023-08-18 17:47
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