Tag: Breaking News: Economy
Private Payrolls in August Increase by Only 99,000, Missing Estimates, ADP Reports
Private sector payrolls saw the slowest growth in over three and a half years in August, with ADP reporting that companies added just 99,000 workers during the month. This figure
DetailWhat to Expect in Friday’s August Jobs Report: A Complete Analysis
Wall Street is preparing for a significant economic report set to be released by the Labor Department, which could heavily influence Federal Reserve policy moving forward. The consensus among analysts
DetailTop Job Opportunities for August 2024: A Comprehensive Chart
The latest jobs report for August showed weaker than expected results, with a mixed bag of employment growth across different industries in the U.S. Leading the growth were leisure and
DetailBoeing workers reject contract and prepare for strike in overwhelming vote
Over 30,000 Boeing workers were poised to go on strike on Friday, bringing most of the company’s aircraft production to a halt following the rejection of a new labor contract
DetailAugust 2024 Jobs Report: Latest Updates and Analysis
The U.S. economy added slightly fewer jobs than anticipated in August, signaling a slowdown in the labor market and potentially paving the way for the Federal Reserve to reduce Interest
DetailWhy Airline Ticket Prices are on the Rise
Airlines are seeing improved unit revenues as summer wraps up, indicating that customers can expect higher prices for flights in the coming months. Alaska Airlines raised its third-quarter profit outlook
DetailFed Governor Waller Supports Interest Rate Cut at September Meeting, Open to Further Reductions
Federal Reserve Governor Christopher Waller expressed support for an interest rate cut at the upcoming Central bank policy meeting, indicating a willingness for a substantial reduction if necessary. In prepared
DetailAugust 2024 Deflation Breakdown: A Detailed Analysis in One Chart
In August, Inflation eased to its lowest level since February 2021, marking a trend known as “disinflation” where prices are still rising but at a slower pace. While there are
DetailThe U.S. Latino economic output reaches $3.6 trillion according to a new report
The U.S. Latino economy has experienced a significant growth of 13%, expanding from $3.2 trillion in 2021 to $3.6 trillion in 2022, as reported by the Latino Donor Collaborative and
DetailNational debt interest payments exceed $1 trillion with growing deficit
The U.S. government has surpassed $1 trillion in interest payments on its $35.3 trillion national debt this year, marking a significant milestone, as reported by the Treasury Department. With the
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