Strong US job growth is expected in April; wages are seen moderate
Source: Dana U.S. employers likely maintained a strong pace of hiring in April while steadily increasing wages for workers, pointing to solid economic growth and moderate inflation pressures. The Labor Department’s closely watched monthly employment report on Friday is likely...
Euromoney FX Survey 2019: Voting now closed
Euromoney Foreign Exchange Survey 2019 Voting for the 2019 Euromoney Foreign Exchange Survey is now closed. The survey opened January 16 and closed March 7, 2019. Results are published June 2019. The survey was also available in the languages listed...
Singapore hits critical mass in offshore renminbi futures
One number stood out when Singapore Exchange (SGX) issued its full-year trading numbers for 2018 last week. Dollar/CNH futures trading – referring to offshore renminbi – hit a total of $534 billion, a 181% year-on-year increase over 2017. The figure...
US first-quarter productivity rises at the fastest pace since 2014; labor costs fall
A worker welds metal components onto a round baler at the New Holland Ltd. Haytools assembly plant in New Holland, Pennsylvania. Luke Sharrett | Bloomberg | Getty Images U.S. worker productivity increased at its fastest pace in more than four...
Investor group demands changes to Uber’s board ahead of IPO
John Thain Adam Jeffery | CNBC Investor group CtW demanded changes to Uber’s board of directors ahead of the ride-hailing company’s anticipated IPO, saying on Wednesday its governance “falls short of best practices.” In a letter addressed to Uber Chairman...
Private payrolls surge by 275,000 in April, blowing past estimates in biggest gain since July
The U.S. economy added far more jobs than expected in April as payrolls in the services sector grew by the most in more than two years, according to data released Wednesday by ADP and Moody’s Analytics. Private payrolls grew by...
Weekly mortgage applications drop 4.3%, despite lower interest rates
Potential homebuyers exit an open house in Redondo Beach, California. Patri T. Fallon | Bloomberg | Getty Images It may be the heart of the spring housing season, but the mortgage market isn’t seeing big business. Mortgage application volume fell...
Sell in May and go away? Maybe not this year.
Traders and financial professionals work on the floor of the New York Stock Exchange (NYSE) ahead of the opening bell, January 4, 2019 in New York City. Drew Angerer | Getty Images It is May, but this year don’t sell...
Stocks making the biggest moves after hours: Apple, AMD, Mondelez & more
The Apple logo is seen on the window at an Apple Store on January 7, 2019 in Beijing, China. Kevin Frayer | Getty Images Check out the companies making headlines after the bell: Shares of Apple soared more than 5%...
Pending home sales jumped 3.8% in March, thanks to a big dip in mortgage rates
A prospective home buyer, left, is shown a home by a real estate agent in Coral Gables, Florida. Getty Images House shoppers signed 3.8% more contracts to buy existing homes in March compared with February, according to the National Association...
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Trading education
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