Private payrolls grow by 428,000 but miss expectations, ADP report says
Private payroll growth came in well below expectations for August, according to a report Wednesday from ADP, whose job tallies have differed widely from the government’s during the coronavirus pandemic. Companies added 428,000 jobs during the month, well below the...
U.S. financial firms like Citi and BlackRock make inroads into the Chinese market
Aerial view of Lujiazui Financial District at dusk, Pudong, Shanghai, China. Fei Yang | Moment | Getty Images From regulatory approval to business decisions, major American financial giants are moving deeper into the Chinese market, even though political tensions between the...
U.S. economy needs over $1 trillion in fresh coronavirus stimulus, says world’s biggest hedge fund
The co-CIO of the world’s largest hedge fund told CNBC on Tuesday that the U.S. economy continues to need significant fiscal support in order to sustain its recovery from the coronavirus-induced devastation. Greg Jensen of Bridgewater Associates said the firm...
She gets just $33 a week in unemployment benefits. Trump’s $300 boost isn’t coming.
Win McNamee | Getty Images News | Getty Images August was a hard month for Donna Crenshaw. First, she stopped getting an extra $600 a week in federal unemployment benefits, which had been helping pay the bills. Absent that subsidy,...
Job growth expected to slow sharply over the next decade, Labor Department says
Getty Images The pace of job gains over the next decade will slow considerably amid a sharp decline in the active labor force and an aging population, according to Labor Department projections released Tuesday. From the period of 2020-29, the...
How China is preparing its economy for a future where the U.S. isn’t the center of global demand
An employee works on the production line of lithium battery at a factory of Tianneng Battery Group Co., Ltd on July 20, 2020 in Changxing County, Zhejiang Province of China. Tan Yunfeng | Visual China Group | Getty Images China...
Fed’s Clarida says rates won’t rise just because unemployment falls
The Federal Reserve will not raise interest rates just because the unemployment rate is falling, the central bank’s vice chairman, Richard Clarida, said Monday. In a wide-ranging speech that addressed a major policy shift in Fed thinking, Clarida also said...
Stocks making the biggest moves in the premarket: Honeywell, Amgen, Salesforce, Apple, GE & more
Take a look at some of the biggest movers in the premarket: Honeywell (HON), Amgen (AMGN), Salesforce.com (CRM) – Honeywell, Amgen and Salesforce become members of the Dow Jones Industrial Average as of today, replacing Pfizer (PFE), Exxon Mobil (XOM)...
Ominous trend suggests the S&P 500’s record rally faces trouble, long-time bull Art Hogan warns
It may be time to brace for a pullback. On track for the best August performance since 1986, National Securities’ Art Hogan warns a key technical trend suggests the S&P 500’s record win streak is running into trouble. “We’re overbought...
Fed’s Bullard says the recession is over but rates will ‘stay low for a long time’
St. Louis Fed President James Bullard said Friday that he believes the recession caused by the coronavirus pandemic is over but that the central bank will continue its accommodative stance toward the U.S. economy. Bullard said on CNBC’s “Closing Bell”...
Signal2forex.com - Best Forex robots and signals




