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Last week, the crucial August jobs report offered the latest evidence the US labor market continues to slow, with the US economy creating 187,000 new jobs last month while the unemployment rate ...
This is The Takeaway from today's Morning Brief, which you can sign up to receive in your inbox every morning along with:. The chart of the day. What we're watching. What we're reading. Economic ...
August 5, 2024 at 4:25 AM. Wall Street's busiest week of the summer sent stocks tumbling as a weak July jobs report surfaced concerns over the health of the US economy and Big Tech earnings failed ...
Economic calendars usually have a three-scale volatility gauge. If an event has a level one volatility, it is not expected to significantly affect the markets. An event with a volatility level of two is expected to impact the markets moderately, depending on other factors (e.g. other market-moving events, political factors, news items, etc.).
He added: “That is good news.” This week — with its multiple inflation reports, a Fed meeting, a new central bank rate cut timeline and economic projections, and a slew of ancillary data ...
The Economic Times is an Indian English-language business-focused daily newspaper. It is owned by The Times Group. The Economic Times began publication in 1961. As of 2023, it is the world's second-most widely read English-language business newspaper, after The Wall Street Journal, [ 4] with a readership of over 900,000.
Components of the Conference Board's Leading Economic Indicators Index: [4] Average weekly hours (manufacturing) — Adjustments to the working hours of existing employees are usually made in advance of new hires or layoffs, which is why the measure of average weekly hours is a leading indicator for changes in unemployment.
All three major indexes jumped last week as a bunch of economic data, including a consumer price index reading and a retail sales report, pointed to a soft-landing scenario for the economy.