As we commenced this week, the prevailing sentiment regarding the American economy was predominantly pessimistic. However, following what seemed, at least superficially, to be a robust jobs report and impressive earnings from Nvidia and Walmart – all occurring within approximately Read More …
In September, the labor market experienced an unexpected rebound with the addition of 119,000 jobs. However, this development occurs amidst indications of a decelerating overall economy. Expectations among economists were for an addition of 50,000 jobs, with the unemployment rate Read More …
One of the most eagerly awaited economic indicators is poised for release on Thursday: the long-overdue jobs report for September, which was initially scheduled for October 3. The release coincides with the influx of delayed economic data that was postponed Read More …
Federal Reserve policymakers find themselves divided on the question of whether to persist with interest rate cuts, marking a departure from the consensus that has characterized Chair Jerome Powell’s tenure at the helm of the central bank. The Federal Reserve’s Read More …
In October, private-sector job creation experienced a rebound, reflecting a labor market snapshot that has garnered increased attention due to the lack of official federal employment statistics. Payroll processing company ADP on Wednesday estimated that private-sector businesses added approximately 42,000 Read More …