The U.S. economy sprouted an additional 353,000 jobs in January, the labor department reported, almost twice as many as expected by analysts The Wall Street Journal had surveyed.
Tag: U.S. Economy
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ECONOMIC UPDATE – MARKET OVERVIEW
What difference does it make as to what the equity markets are doing, why they are going up or down or the geopolitical and socioeconomic trends that are shaping the future?
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SPOTLIGHT: BIGS GET BIGGER
Merger and Acquisition took a break when the Federal Reserve and EU began aggressively raising interest rates from their zero and negative levels.
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FED’S INSPECTOR GENERAL SAYS KAPLAN, ROSENGREN DID NOTHING ILLEGAL
The U.S. Federal Reserve’s inspector general (IG) has cleared two former Fed bank presidents of any illegal activities in questionable trades they made in 2020. However, the watchdog office scolded them for tarnishing public confidence in the central bank.
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AMERICANS USING CREDIT CARDS MORE, TAKING LONGER TO PAY THEM OFF
Consumers are using their credit cards more, both for basic and discretionary purchases, and taking longer to pay off their balances, The Wall Street Journal reported last week.
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WILL AMERICAN CONSUMERS KEEP DRIVING THE ECONOMY?
Last week’s report that U.S. consumers hiked their spending by 3.3 percent in 2023’s final quarter surprised many analysts, who had expected just a 2-percent bump.
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U.S. ECONOMY GREW MORE THAN FORECAST IN FOURTH QUARTER
U.S. GDP grew by 3.3 percent in last year’s final quarter, ending a year in which a widely expected recession failed to materialize.
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ECONOMIC UPDATE — MARKET OVERVIEW
Where equities and economies are headed, for the most, is a guessing game since there are so many wild cards that have been dealt that no one can predict how they will be played.
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SPOTLIGHT: BIGS GETTING BIGGER
Merger and Acquisition took a break when the Federal Reserve and EU began aggressively raising interest rates from their zero and negative levels.