The U.S. economy sprouted 263,000 new jobs in September, the U.S. labor department reported.
Author: admin (Kendrick Williams)
Post
U.S. MARKETS MAY BREAK POST-MIDTERM STREAK, ANALYSTS SAY
After each of the last 40 midterm elections, the Standard & Poor’s 500 has gained an average of 15 percent in the following 12 months on a sense of clarity about short-term tax, fiscal, and economic policy, The Wall Street Journal reported.
Post
“RATE SHOCK” WEARS ON MARKETS
Around the world, central banks are raising interest rates at the fastest clip in at least 40 years, stressing some markets to the point of cracking, according to The Wall Street Journal.Corporate bonded debt is showing signs of distress, the WSJ noted, and which we reported in “OECD Warns About Corporate Debt” (25 Feb 2020),......
Post
IS TECHNOLOGY STEALING YOUR EYESIGHT?
An epidemic of myopia, or nearsightedness, is occurring at younger ages. Too much screen time and not enough time outdoors have been pinpointed as the likely culprits.
Post
SHIPPING LINES CANCEL CARGO VOYAGES FOR LACK OF DEMAND
During what normally is the busiest time of year, ocean cargo lines are canceling sailings due to lack of demand as retailers cancel orders or place no new ones.
Post
TOP TREND: NEW WORLD DISORDER. DOES STRONG JOBS REPORT SIGNAL BIG RATE HIKE?
The U.S. economy’s addition of 263,000 jobs in September shows the labor market is strong enough to withstand another three-quarter-point interest rate increase when the U.S. Federal Reserve meets in early November, The Wall Street Journal said.
Post
TOP TREND 2022, DRAGFLATION: ANALYSTS CHOP EARNINGS OUTLOOK FOR MAJOR U.S. CORPORATIONS
Since July began, analysts at the largest U.S. banks have pared $34 billion off their expectations for third-quarter growth among American corporations listed on the Standard & Poor’s 500 index, FactSet reported.
Post
THE RULE OF POWER
Last week PayPal, an online service for making and receiving payments, announced that at PayPal’s “sole discretion” $2,500 would be seized from accounts of those PayPal decided were guilty of spreading misinformation.
Post
TOP TREND, “NEW WORLD DISORDER”: NEW YORK CITY DECLARES MIGRANT CRISIS STATE OF EMERGENCY
Eric Adams, the mayor of New York City, declared a state of emergency last week as the city tries to respond to the influx of migrants that have been bused in from the southern border.
Post
FEDERAL COURT SINKS CRUISE LINE’S EFFORT TO IMPLEMENT VACCINE PASSPORT IN FLORIDA
Florida can keep enforcing its ban on businesses from requiring customers to provide proof of their COVID-19 vaccination status in a closely watched legal fight that was seen as an important victory for Gov. Ron DeSantis.