Why the jobless rate could go even lower under Trump
Wall Street’s focus is about to shift, from all about Dow 20,000 and the inauguration of President Donald Trump back to the economy, job growth and the specter of Federal Reserve interest rate hikes this year. The lynchpin in all this is the pace of job growth, which has been tepid but stable lately, and the unemployment rate, which has spent much of the past year under the 5 percent threshold that indicates job market tightness. Everything from inflation, interest rates and wage gains will dep..>> view originalU.S. Consumer Spending Rose in December by Most in Three Months
U.S. consumer purchases climbed in December by the most in three months as incomes picked up, signaling a strong hand-off into 2017.The 0.5 percent advance in consumption, which accounts for about 70 percent of the economy, followed a 0.2 percent advance in the prior month, a Commerce Department report showed Monday. The December increase matched the Bloomberg median forecast. Incomes rose 0.3 percent, less than projected.Americans stepped up purchases during the holiday season and sales of aut..>> view originalExxon Mobil - Oil Company With Strong Long-Term Earnings
ExxonMobil (NYSE: XOM) is an American multinational oil and gas corporation that is the largest component of what was formerly the largest company in the world, Standard Oil. Presently, with a market cap of $350 billion, the company is the 5th largest publicly traded company in the world. The company in its present form was formed in 1999 as a result of a merger between Exxon and Mobil. And as the largest publicly traded oil company, it has a potential to continue growing and investing in its fu..>> view originalGermany's Rising Inflation May Boost Calls to Halt ECB Stimulus
Germany’s inflation rate hit its highest level since mid-2013 during January, a development that is likely to amplify calls for an end to European Central Bank stimulus from within the eurozone’s largest member. Rising oil prices propelled Germany’s annual inflation rate, measured according to harmonized European Union standards, to 1.9% from 1.7% in December, the country’s statistics body said Monday. It is the highest rate since...>> view originalShares fall, dollar dips vs yen after Trump travel curbs
LONDON Shares fell in Europe and Asia on Monday and the dollar dipped against the safe-haven yen after immigration curbs introduced by Donald Trump added an extra layer of uncertainty to the economic impact of the new U.S. president's policies.Wall Street appeared headed for a weaker opening, with e-mini futures contracts on the S&P 500 down 0.3 percent. The euro fell to an 11-day low against the dollar and German government bond yields pared gains after German inflation in January came in sli..>> view original$2B less? Walgreens, Rite Aid lower price of still-unfinished deal
File photo taken n 2016 shows a Walgreens drug store in Springfield, Virginia.(Photo: SHAWN THEW, EPA)Drug-store chain Walgreens reached a deal to lower the price it will pay for rival Rite Aid by at least $2 billion and to again extend their deadline to finish the deal by several months.The retail tie-up has languished in limbo for more than 15 months as the chains have sought to appease regulators by selling off certain stores in markets where they have competitive overlap.The price, originall..>> view originalVW likely to win global sales crown as Toyota growth slows
TOKYO (AP) — Volkswagen can in all likelihood claim the title of world's biggest automaker for the first time. Toyota reported Monday that it sold 10.175 million vehicles worldwide in 2016, fewer than Volkswagen's 10.31 million. The only contender ...>> view originalStock Futures Backtrack; Fitbit, Tempur Sealy Take Hits
A big week for markets — in terms of earnings reports and economic news — was poised for a weak start Monday as stock futures surrendered ground in premarket trade. Futures for the Dow Jones industrial average and the S&P 500 slipped 0.3% below fair value. Nasdaq 100 futures trimmed 0.4%. Small caps outpaced the general market's losses, with Russell 2000 futures down 0.7%. Apple (AAPL), Exxon-Mobil (XOM), Amazon.com (AMZN) and Facebook (FB) are among the companies set to report quarterly result..>> view originalThe Latest: Trump says he acted fast to head off 'bad dudes'
WASHINGTON — The Latest on President Donald Trump (all times local): 9:35 a.m. President Donald Trump says his pick for the Supreme Court is someone “unbelievably highly respected.” Trump made the comment Monday during a breakfast with small business leaders at the White House. He tweeted earlier in the day that he plans to announce his Supreme Court choice Tuesday night at 8 p.m. The court has had eight justices since the death last year of Justice Antonin Scalia. President Barack Obama had no..>> view originalHead of German railway quits abruptly after 8 years
FILE - In this Jan. 8, 2013 file photo Ruediger Grube, CEO of German railway operator Deutsche Bahn AG, smiles as he arrives for a closed-doors conference organized by German newspaper Die Welt in Berlin (AP Photo/Michael Sohn, file) The Associated ...>> view original
Monday, February 13, 2017
Why the jobless rate could go even lower under Trump and other top stories.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment