Investors are heading into next week’s Federal Reserve meeting with expectations of a rate hike at their strongest levels in months after August inflation data showed that price pressures remain …
Business
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President Donald Trump has proposed a $5,000 “Trump dividend” payment for every adult US citizen if Republicans retain control of the House of Representatives and Senate in the November 3 …
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US producer prices rose in line with expectations in August as energy costs rebounded, keeping inflation pressures elevated ahead of the Federal Reserve’s policy meeting next week. The Producer Price …
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UBS expects the Federal Reserve to raise interest rates twice this year after a stronger-than-expected August jobs report reinforced expectations of a resilient US economy. The bank now forecasts 25-basis-point …
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Business
US jobs rebound in August with 162,000 payrolls increase: is a Fed rate hike coming?
by adminby adminThe US economy added a significant number of jobs in August, reversing a summer slowdown in hiring and reinforcing the likelihood of a rate hike from the Fed this month. …
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Business
US jobless claims rise slightly as labor market remains in slow hire, slow fire phase
by adminby adminThe number of Americans filing new claims for unemployment benefits increased slightly last week, offering little evidence of a meaningful deterioration in the labor market as August came to an …
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Business
Bill Simmons under review by Massachusetts authorities after admitting to proxy sports betting
by adminby adminBill Simmons, the popular sports podcaster who has championed sports betting, is under review by the Massachusetts Gaming Commission after he admitted on a recent episode to using his daughter’s …
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Business
US private payrolls rise just 38,000 in August as hiring momentum weakens: ADP
by adminby adminUS private employers added jobs at a slower-than-expected pace in August, with hiring increasingly concentrated in healthcare and a handful of other industries, suggesting the labor market is losing momentum …
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The US labor market showed mixed signals in July, with job openings increasing modestly even as employers pulled back on hiring. Job openings, a measure of labor demand, rose by …
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President Donald Trump on Monday called for bipartisan tax incentives to help a domestic TV and movie industry that has seen large chunks of its business move overseas in recent …