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Jun 02, 2023
The U.S. unemployment rate rose overall in May, but declined for Latino workers, according to the latest nonfarm payrolls report.
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Jun 02, 2023
Professional and business services led job creation for the month with 64,000 new hires.
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Jun 02, 2023
Nonfarm payrolls were expected to increase by 190,000 in May, according to Dow Jones.
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Jun 01, 2023
Economists surveyed by Dow Jones expect job growth in May of 190,000, a decline from the 253,000 in April.
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Jun 01, 2023
The U.S. labor market posted another month of surprising strength in May as companies added jobs at a pace well above expectations.
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May 26, 2023
The core personal consumption expenditures price index was expected to increase 0.3% in April, according to a Dow Jones estimate.
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May 26, 2023
A U.S. recession may prevent a steep market downturn in the second half of 2023, according to Michael Yoshikami, founder and CEO of Destination Wealth Management.
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May 25, 2023
Whether it's personalized shopping or self-driving cars, AI will become a factor in virtually everyone's lives.
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May 23, 2023
A research paper notes that inflation has evolved since ballooning to a 40-year high in the summer of 2022.
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May 18, 2023
Andrew Bailey said second-round effects of wage growth and price setting were "unlikely to go away as quickly as they appeared."
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May 16, 2023
Excluding auto-related figures, sales increased 0.4%, which was in line with expectations.
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May 15, 2023
The total for borrowing across all categories hit $17.05 trillion, an increase of nearly $150 billion, or 0.9% during the January-to-March period.
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May 13, 2023
Lansing, Michigan is one example of how downtowns have attempted to move away from office-centric economies.
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May 12, 2023
U.K. gross domestic product figures for March showed a 0.1% growth.
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May 11, 2023
Waller on Thursday said that conducting special tests for how banks are preparing for such risks probably shouldn't fall under the Fed's purview.
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May 11, 2023
Waller on Thursday said that conducting special tests for how banks are preparing for such risks probably shouldn't fall under the Fed's purview.
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May 11, 2023
Wholesale prices rose less than expected in April, according to a Labor Department report Thursday.
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May 11, 2023
Time is running out for an agreement, with U.S. Treasury Secretary Janet Yellen warning earlier this month that without a deal, the largest economy in the world could default by June 1.
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May 11, 2023
U.S. Treasury Secretary Janet Yellen spoke to reporters ahead of the G-7 finance ministers and central bank governors meetings in Niigata, Japan.
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May 11, 2023
Since the onset of Covid-19, labor shortages have plagued major economies and intensified inflationary pressures, but economists expect this trend to finally abate.
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May 10, 2023
Traders on Wednesday raised the chances of a September interest rate cut to close to 80%.
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May 10, 2023
The consumer price index was expected to rise 0.4% in April, according to Dow Jones.
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May 10, 2023
The consumer price index was expected to rise 0.4% in April, according to Dow Jones.
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May 09, 2023
The current problems in the banking industry and their impact will factor into Williams' policy outlook.
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May 08, 2023
The Fed last published its Financial Stability Report in November 2022, before the implosion of several prominent mid-sized banks.
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May 08, 2023
The Senior Loan Officer Opinion survey said requirements got tougher for commercial and industrial loans as well as for many household-debt instruments.
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May 08, 2023
The central bank Survey of Consumer Expectations for April showed that the outlook for spending fell by half a percentage point to an annual rate of 5.2%.
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May 05, 2023
April's nonfarm payrolls report beat expectations, and the unemployment rate declined across the board.
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May 05, 2023
See which sectors gained, and lost, the most jobs in April.
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May 05, 2023
Nonfarm payrolls were expected to increase by 180,000 in April, according to Dow Jones.
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May 03, 2023
Private payrolls growth was above the downwardly revised 142,000 the previous month and well ahead of the Dow Jones estimate for 133,000.
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May 03, 2023
Turmoil in the banking sector means central banks face in increasingly "delicate dance" in their efforts to rein in inflation, World Economic Forum Managing Director Saadia Zahidi told CNBC.
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May 02, 2023
The JOLTS report showed that job vacancies totaled 9.59 million for the month, down from 9.97 million in February.
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May 02, 2023
The JOLTS report showed that job vacancies totaled 9.59 million for the month, down from 9.97 million in February.
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May 01, 2023
With financial services covering such a wide swath of activities in the $26.5 trillion U.S. economy, the bank failures will reverberate.
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Apr 28, 2023
Topic: RobocarsTags: forbesThe unusual thing about the Zoox is it is symmetrical -- it drives the same forwards and backwards. Now it's finally out on public roads. That's a good time to discuss whether it would be good for other, traditionally designed robotaxis to drive backwards for short stretches to get out of tight spots, to turn around, and to quickly get out when they discover a fire crew that will otherwise break their widows. These issues are covered in my Forbes.com column today which goes into the why and the why not (freaking out the public.)
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Apr 28, 2023
Euro zone GDP rose slightly in the first three months of the year, but its biggest economy stagnated.
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Apr 28, 2023
The IMF said that the European Central Bank needs to be increasing rates until mid-2024 to fight inflation.
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Apr 27, 2023
Gross domestic product was expected to increase at an annualized pace of 2% in the first quarter, according to Dow Jones.
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Apr 25, 2023
The money pipeline to Wall Street remains mostly alive and well while the situation on Main Street is much more in flux.
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Apr 21, 2023
The latest U.S. economic data suggests a recession is coming, according to the chief executive of financial advisory firm Longview Economics.
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Apr 20, 2023
The banking turmoil of March, when several U.S. lenders collapsed, will lead to a credit crunch for "small-town America," veteran strategist David Roche says.
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Apr 18, 2023
A CBDC could intrude on the privacy of users and harm banks while otherwise providing few benefits, Bowman said in a speech.
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Apr 14, 2023
Central bankers are weighing last month's banking crisis, the inflation outlook and recession risks as they reconsider future rate hikes.
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Apr 13, 2023
The U.K. economy flatlined in February as widespread industrial action and persistently high inflation stymied activity.
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Apr 12, 2023
The consumer price index, a widely followed inflation measure, rose 0.1% for the month and 5% from a year ago, both less than expected.
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Apr 10, 2023
Those reporting that credit is much or somewhat harder to get than a year ago rose to 58.2%, the highest ever.
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Apr 07, 2023
The Labor Department reported Friday that payrolls grew by 236,000 for the month, compared to the Dow Jones estimate for 238,000.
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Apr 06, 2023
Companies announced nearly 90,000 layoffs in March, a sharp step up from the previous month.
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Apr 06, 2023
Companies and policymakers are exploring ways to make their supply chains more resilient by "moving production home or to trusted countries," the IMF said.
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Apr 05, 2023
Company payrolls rose by 145,000, down from 261,000 in February and below the Dow Jones estimate for 210,000.
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Apr 04, 2023
Available positions totaled 9.93 million, a drop of 632,000 from January's downwardly revised number.
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Mar 31, 2023
Inflation has been found to disproportionately affect women — and data is showing that some of the economic progress for American women is already unraveling.
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Mar 31, 2023
Europe learned its lessons after the financial crisis and is now in a strong position to weather further stress in its banking system, several economists and policymakers say.
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Mar 31, 2023
The personal consumption expenditures price index excluding food and energy was expected to rise 0.4% in February.
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Mar 30, 2023
Topic: RobocarsTags: forbes
I have started building a map of all the autonomous services deployed carrying passengers or cargo. The services must be available to the public and out in public or semi-public spaces.
Turns out there are a lot. Contributions are welcome.
More details and info on contributing can be found at the map page
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Mar 28, 2023
The expectation for cuts would be consistent with a recession and an accompanying fall in inflation.
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Mar 20, 2023
Chairman Jerome Powell and his fellow central bankers will want to signal that it's important to continue the fight to bring down inflation.
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Mar 17, 2023
Chairman Jerome Powell and his fellow central bankers will want to signal that it's important to continue the fight to bring down inflation.
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Mar 16, 2023
The Fed in some ways is both closer and further away from its goals when it first started raising rates.
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Mar 16, 2023
Some market players questioned whether President Christine Lagarde would proceed with a hike, given recent shocks in the banking sector.
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Mar 15, 2023
FedNow creates "a leading-edge payments system that is resilient, adaptive, and accessible," said Richmond Fed President Tom Barkin.
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Mar 15, 2023
Goldman on Wednesday lowered its 2023 economic growth forecast, citing a pullback in lending from small- and medium-sized banks.
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Mar 15, 2023
Markets have changed their mind — again — about what they think the Federal Reserve will do next week regarding interest rates.
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Mar 15, 2023
The producer price index was expected to increase 0.3% in February, according to Dow Jones estimates.
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Mar 15, 2023
The Federal Reserve will likely not raise interest rates at its March meeting as there is still a "boatload of uncertainty" said Mark Zandi of Moody's Analytics.
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Mar 14, 2023
Excluding volatile food and energy prices, core CPI increased 0.5% in February and 5.5% on a 12-month basis.
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Mar 13, 2023
Markets still expect the Fed to keep up its inflation-fighting efforts, despite high-profile bank failures that have rattled the financial system.
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Mar 10, 2023
One bank implosion and a cooperative jobs report later, and the market has changed its mind.
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Mar 10, 2023
Black women saw their unemployment rate jump to 5.1% from 4.7%. Among Hispanic women, it jumped to 4.8% from 4.4%.
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Mar 10, 2023
The leisure and hospitality sector added 105,000 jobs last month, according to the Labor Department, accounting for roughly a third of the total jobs gain.
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Mar 10, 2023
Nonfarm payrolls were expected to increase by 225,000 in February, while the unemployment rate was projected to hold at 3.4%, according to Dow Jones.
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Mar 10, 2023
The U.K. economy grew by 0.3% in January, official figures showed on Friday, exceeding expectations as it continues to fend off what economists see as an inevitable recession.
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Mar 08, 2023
The Labor Department's Job Openings and Labor Turnover Survey showed there are 10.824 million openings, down some 410,000 from December.
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Mar 08, 2023
Companies added jobs at a brisk pace in February as the labor market kept humming, payroll services firm ADP reported Wednesday.
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Mar 07, 2023
China's economy will be forced to recalibrate because of a "fractured" global order, and the new drivers of growth will "disappoint" global markets, according to David Roche.
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Mar 06, 2023
Federal Reserve Chairman Jerome Powell to appear before Congress with a tall task.
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Mar 03, 2023
Many multinationals are reconsidering or changing previous plans to deploy new money into Europe.
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Mar 03, 2023
Many multinationals are reconsidering or changing previous plans to deploy new money into Europe.
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Mar 02, 2023
Inflation in the euro zone came in at 8.5% in February, while the ECB signalled interest rate hikes could still continue.
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Feb 28, 2023
Workers have put away $735 million in state retirement savings programs that are intended to help employees at small businesses.
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Feb 24, 2023
The Federal Reserve is unlikely to be able to bring down inflation without having to push rates considerably higher, according to a research paper.
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Feb 24, 2023
The core PCE price index was expected to increase 0.5% from a month ago and 4.4% on an annual basis, according to Dow Jones.
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Feb 24, 2023
OECD Secretary-General Mathias Cormann said the global economic outlook is looking slightly "brighter" for this year but inflation challenges remain.
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Feb 23, 2023
The U.K. has thus far avoided a widely anticipated recession, and the economy may be holding up better than feared, according to veteran fund manager Andy Brough.
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Feb 16, 2023
Debt across all categories totaled $16.9 trillion as balances rose across all major categories.
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Feb 16, 2023
The producer price index, a measure of what raw goods fetch on the open market, rose 0.7% in January.
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Feb 16, 2023
Bans and price caps targeting Russian oil are having the "intended effect" despite surprisingly resilient exports in recent months, according to the International Energy Agency.
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Feb 15, 2023
Retail sales were expected to increase 1.9% in January, according to Dow Jones.
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Feb 15, 2023
Russia's budget deficit hit a record 1.8 trillion rubles ($24.4 million) in January, with spending growing by 58% from the previous year while revenues fell by more than a third.
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Feb 14, 2023
The consumer price index was expected to increase 0.4% in January from a month ago and 6.2% on an annual basis, according to Dow Jones.
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Feb 14, 2023
Inflation in the U.S. is likely to be "far stickier" and could last a decade, according to Bill Smead, chief investment officer at Smead Capital Management.
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Feb 13, 2023
All market eyes Tuesday will be on the release of the Labor Department's consumer price index.
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Feb 12, 2023
Recession-like conditions rolling through the U.S. economy are likely to cause more ripples through an otherwise strong jobs market.
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Feb 03, 2023
January's jobs data shows the unemployment rate fell for Black women. A tight labor market may be playing a role.
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Feb 03, 2023
Nonfarm payrolls were expected to increase by 187,000 in January, according to Dow Jones estimates.
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Feb 03, 2023
Leisure and hospitality saw an increase of 128,000 jobs in the month, led by 99,000 jobs in restaurants and bars alone.
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Feb 03, 2023
Nonfarm payrolls were expected to increase by 187,000 in January, according to Dow Jones estimates.
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Feb 01, 2023
Companies added just 106,000 new workers for the month, down from an upwardly revised 253,000 the month before.
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Jan 31, 2023
The employment cost index increased 1% in the October-to-December period, the Labor Department reported Tuesday.
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