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Economy

“Job growth totals 114,000 in July, much less than expected, as unemployment rate rises to 4.3%”

“Nonfarm payrolls grew by just 114,000 in July, below the downwardly revised 179,000 in June and the Dow Jones estimate for 185,000. The unemployment rate edged higher to 4.3%, its highest since October 2021, triggering an economic rule on recessions.… Continue Reading…

Economy

“U.S. economy grew at a 2.8% pace in the second quarter, much more than expected”

“…Real gross domestic product, a measure of all the goods and services produced during the April-through-June period, increased at a 2.8% annualized pace adjusted for seasonality and inflation. Economists surveyed by Dow Jones had been looking for growth of 2.1% following… Continue Reading…

Stocks

“Vanguard’s Top ETF Is Up 24% This Year. Here’s Another ETF Up Twice As Much.”

“…Most investors would probably be happy with these returns. However, those who want even bigger gains might want to check out the VanEck Semiconductor ETF (NASDAQ: SMH). This ETF has soared a whopping 48% year to date… This year’s big returns aren’t… Continue Reading…

Economy

“U.S. job growth totaled 175,000 in April, much less than expected, while unemployment rose to 3.9%”

“… …” https://www.cnbc.com/2024/05/03/jobs-report-april-2024-us-job-growth-totaled-175000-in-april.html

Business, Economy

“Americans Don’t Care as Much About Work. And It Isn’t Just Gen Z.”

“By outward appearances, the labor market today looks much as it did before the pandemic. The unemployment rate is just as low, the share of adults in the labor force is just as high, and wages are growing at roughly… Continue Reading…

Cryptocurrencies

“Bitcoin nears all-time high, but this rally is much different than 2021 record run”

“…Bitcoin BTCUSD, 3.89% is seeing an impressive rally, as the crypto topped $64,000 briefly on Wednesday, touching levels not seen since its record peak in November 2021…” https://www.marketwatch.com/story/bitcoin-nears-all-time-high-but-this-rally-is-much-different-than-2021-record-run-8a88c18d I don’t know why people wait until an assist is exploding to get in. It’s… Continue Reading…

Economy

“Retail sales tumbled 0.8% in January, much more than expected”

“…Advance retail sales declined 0.8% for the month following a downwardly revised 0.4% gain in December, according to the Census Bureau. A decrease had been expected: Economists surveyed by Dow Jones were looking for a drop of 0.3%, in part to… Continue Reading…

Economy

“Retail sales tumbled 0.8% in January, much more than expected”

“…Advance retail sales declined 0.8% for the month following a downwardly revised 0.4% gain in December, according to the Census Bureau. A decrease had been expected: Economists surveyed by Dow Jones were looking for a drop of 0.3%, in part to… Continue Reading…

Economy

“U.S. economy added 353,000 jobs in January, much better than expected”

“…Nonfarm payrolls expanded by 353,000 for the month, much better than the Dow Jones estimate for 185,000, the Labor Department’s Bureau of Labor Statistics reported Friday. The unemployment rate held at 3.7%, against the estimate for 3.8%. Wage growth also showed… Continue Reading…

Economy

“U.S. payrolls increased by 216,000 in December, much better than expected”

“…December’s jobs report showed employers added 216,000 positions for the month while the unemployment rate held at 3.7%. Payroll growth showed a sizeable gain from November’s downwardly revised 173,000. October also was revised lower, to 105,000 from 150,000, indicating a slightly less… Continue Reading…