April 13, 2022
“…The producer price index, which measures the prices paid by wholesalers, increased 11.2% from a year ago, the most in a data series going back to November 2010. On a monthly basis, the gauge climbed 1.4%, above the 1.1% Dow… Continue Reading…
April 1, 2022
“…Nonfarm payrolls expanded by 431,000 for the month, while the unemployment rate was 3.6%, the Bureau of Labor Statistics reported Friday. Economists surveyed by Dow Jones had been looking for 490,000 on payrolls and 3.7% for the jobless level… The… Continue Reading…
March 31, 2022
“…Excluding food and energy prices, the personal consumption expenditures price index increased 5.4% from the same period in 2021, the biggest jump going back to April 1983. Including gas and groceries, the headline PCE measure jumped 6.4%, the fastest pace since January… Continue Reading…
June 3, 2021
“…The Department of Labor released its weekly report on new jobless claims Thursday at 8:30 a.m. ET. Here were the main metrics from the report, compared to consensus data compiled by Bloomberg: Initial jobless claims, week ended May 29: 385,000 vs. 387,000 expected… Continue Reading…
April 7, 2021
“U.S. Treasury yields were slightly higher on Friday morning, following a better-than-expected March jobs report. The yield on the benchmark 10-year Treasury note climbed to 1.688% at 8:32 a.m. ET. The yield on the 30-year Treasury bond rose to 2.341%. Yields move inversely to… Continue Reading…
February 25, 2021
“These are the financial stocks with the lowest 12-month trailing price-to-earnings (P/E) ratio. Because profits can be returned to shareholders in the form of dividends and buybacks, a low P/E ratio shows you’re paying less for each dollar of profit generated. Best… Continue Reading…
January 22, 2021
“BlackRock Inc. BLK, -0.90% said Thursday that it will raise its dividend by 14%. The investment management’s new quarterly dividend of $4.13 a share, up from $3.63 a share, will be payable March 23 to shareholders of record on March 5. The stock… Continue Reading…
August 13, 2020
“Another 963,000 Americans filed for regularfirst-time unemployment benefits last week on a seasonally adjusted basis — the first time in five months that number has dipped below 1 million, the Department of Labor said Thursday. It was the lowest number of weekly… Continue Reading…
June 12, 2020
“Stocks suffered their biggest one-day pull-back in three months on Thursday as traders grew concerned about the number of coronavirus cases increasing in some states that are reopening up from lockdowns. Shares that have surged recently on hopes for a smooth reopening… Continue Reading…
April 3, 2020
“Nonfarm payrolls dropped by 701,000 in March, according to Labor Department numbers released Friday that only begin to show the economic damage wrought by the coronavirus crisis. It was the first decline in payrolls since September 2010 and came close… Continue Reading…
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