Employers took on another 227,000 workers in November, indicating a strong but not overheated jobs market.
Tag: U.S. Economy
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PRODUCTIVITY GAINS BOOST U.S. GDP GROWTH
The U.S. economy has undergone a boom in productivity, the amount of work accomplished per worker, the U.S. labor department reported.
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ECONOMIC UPDATE – MARKET OVERVIEW
The Happy Days in America keep getting happier since Donald Trump won the race to the White House.
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INVESTORS SHOVEL $139.5 BILLION INTO STOCK FUNDS AFTER TRUMP’S WIN
Following the 5 November U.S. election, investors poured $139.5 billion of new money into U.S. stock funds, assuming a Trump administration will cut taxes and clear away regulations to boost corporate profits, the Financial Times reported.
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SPOTLIGHT: BIGS GETTING BIGGER
Oneok, a U.S. oil and gas pipeline company, is trading $4.5 billion of its stock for the remaining shares it does not yet own of Enlink Midstream, a pipeline company operating in the south central U.S.
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INTEL ALLOTTED $7.87 BILLION IN FEDERAL GRANTS TO BUILD NEW CHIP PLANTS
Intel, the U.S.’s iconic, now struggling, chipmaker, has been allotted $7.87 billion from the federal CHIPS and Science Act to build new semiconductor factories in the U.S.
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TRUMP’S DEPORTATION PLANS RISK WORKER SHORTAGE
Donald Trump’s announced plans to close the U.S. borders and deport “millions” of immigrants could deprive the economy of between 25,000 and 100,000 new jobs in 2025, analysts have estimated.