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Economy

“Private payrolls increased by 103,000 in November, below expectations, ADP says”

December 20, 2023

“…Companies added just 103,000 workers for the month, slightly below the downwardly revised 106,000 in October and missing the 128,000 Dow Jones estimate. Along with the modest job growth came a 5.6% increase in annual pay, which ADP said was… Continue Reading…

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Economy

“Private sector payrolls rose 113,000 in October, less than expected, ADP says”

November 1, 2023

“…The payrolls processing firm said that companies added 113,000 workers for the month, higher than the unrevised 89,000 in September but below the Dow Jones consensus estimate of 130,000. On wages, ADP said pay was up 5.7% from a year ago, the… Continue Reading…

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Business, Personal Finance

“BlackRock Says Private Debt Will Double to $3.5 Trillion by 2028”

October 27, 2023

“BlackRock Inc. predicts that the global private debt market will roughly double to $3.5 trillion by 2028, one of the most bullish calls to date on the growth of the industry… BlackRock said it expects private debt to grow at… Continue Reading…

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Banking

“BlackRock Prefers Private Credit Over Public Amid Bank Troubles”

May 23, 2023

“BlackRock Investment Institute favors private credit over public as the banking-sector turmoil makes traditional lenders cautious, opening up new opportunities in the funding market. “We think private credit could help fill a void left by banks pulling back on some… Continue Reading…

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Economy

“Private payrolls rose by 145,000 in March, well below expectations, ADP says”

April 5, 2023

“Private sector hiring decelerated in March, flashing another potential sign that U.S. economic growth is heading for a sharp slowdown or recession, payroll processing firm ADP reported Wednesday. Company payrolls rose by just 145,000 for the month, down from an… Continue Reading…

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Economy

“Private payrolls rose by 242,000 in February, better than expected, ADP says”

March 8, 2023

“…Private payrolls increased by 242,000 for the month, ahead of the Dow Jones estimate for 205,000 and well above the upwardly revised 119,000 jobs gain, from 106,000, in January. Wage growth decelerated slightly, with those remaining in their jobs seeing… Continue Reading…

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Business, Stocks

“Elon Musk offers to buy Twitter for $43 billion, so it can be ‘transformed as private company’”

April 14, 2022

“Elon Musk offered to buy Twitter for $54.20 a share in a filing published Thursday, saying the social media company needs to be transformed privately, a little over a week after first revealing a 9.2% stake in the company. Musk’s offer values… Continue Reading…

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Economy

“Private job growth totals 807,000 in December, more than doubling expectations, ADP says”

January 5, 2022

“…Private job growth totaled 807,000 for the month, well ahead of the Dow Jones estimate for 375,000 and the November gain of 505,000. The November total was revised lower from the initially reported 534,000. The total was the best for the… Continue Reading…

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Economy

“Private payrolls post better-than-expected growth of 534,000 in November, ADP says”

December 1, 2021

“Private hiring increased by 534,000 for the month, better than the Dow Jones estimate of 506,000 in a labor market that appears to be getting tighter. The total was a decline from the October growth of 570,000, which was revised lower… Continue Reading…

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Economy

“Private payrolls up 183,000 as hiring shows no signs of coronavirus scare”

March 4, 2020

“U.S. companies kept adding jobs in February despite the coronavirus scare, as private payrolls expanded well above the pace that Wall Street had anticipated. Employment excluding government jobs rose by 183,000 for the month, according to a report Wednesday from… Continue Reading…

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