October 4, 2019 United States: U.S. Payrolls, Wages Miss Estimates in New Sign of Downshift “U.S. hiring missed projections in September and wage gains cooled, offering a warning that the record-long expansion is poised for further slowing even as the jobless rate fell to a half-century low. Private payrolls expanded by 114,000 after an upwardly revised 122,000
United States: U.S. Jobs Outlook Is So Weak It Echoes Disaster-Hit Months “The last time U.S. payroll forecasts were this low, hurricanes had slammed the country in 2017, temporarily closing businesses. Or go back to 2013 when there was a federal government shutdown. But for the September jobs report due Friday, Wall Street economists
October 2, 2019 United States: Trump to Unveil Medicare Plan in Bid to Contrast Democrat Rivals “President Donald Trump will outline his vision for the future of Medicare this week, contrasting plans with Democrats in a speech promising to strengthen the program for the elderly and disabled. Trump is scheduled to travel to Florida on
September 30, 2019 United States: Wall Street Warns Against Bets on October U.S.-China Truce “The next round of U.S. tariff hikes on China is little more than two weeks away, though equity and foreign-exchange markets aren’t signaling any obvious concern. That may set things off to a rocky start in the fourth quarter, a period
September 27, 2019 United States: U.S. Stock-Index Futures Climb, Treasuries Drop: Markets Wrap “U.S. equity futures advanced with stocks in Europe while Treasuries trimmed their declines as key inflation and spending data was released for the world’s largest economy. The dollar edged lower. Contracts on the three main stock gauges in the U.S. pointed to
September 26, 2019 United States: U.S. Goods-Trade Deficit Widened in August by Less Than Forecast “America’s merchandise-trade deficit widened in August by less than forecast as a gain in imports exceeded a slight increase in exports. The gap stood at $72.8 billion in August after $72.5 billion the month prior, according to Commerce Department data
Date: September 25, 2019 United States: Nancy Pelosi Impeachment Gambit Brings Peril for Trump — And Democrats “House Speaker Nancy Pelosi’s decision to launch a formal impeachment inquiry of Donald Trump will consume the nation’s attention, grind the work of government to a halt and ultimately determine whether the president heads into re-election damaged or
September 24, 2019 United States: U.S. Futures Rise on Trade Hopes; Treasuries Gain: Markets Wrap “U.S. equity-index futures advanced and European stocks rose modestly with Asian shares as investors weighed hopes for high-level trade talks next month against mixed economic data from around the globe. The pound climbed after a court ruling key to Brexit.
Date: September 23, 2019 United States: U.S. Trade Partners Get No Help From Strong Dollar, BIS Says “The dollar’s strength may be part of reason why the global Purchasing Managers Index, a crucial gauge of sentiment and growth, is languishing near a record low, if research from the Bank for International Settlements is anything to
September 20, 2019 United States: Fed Injects Cash for Fourth Day as Funding Markets Stabilize “The Federal Reserve added liquidity for a fourth straight day to a vital corner of the funding markets, helping further stabilize rates as investors remain concerned that fresh bouts of stress may be felt in the weeks ahead. The New
