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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. 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

“Stripe reveals it passed $1 trillion in total payment volume in 2023”

“Fintech giant Stripe revealed in its annual letter published Wednesday that it surpassed $1 trillion in total payment volume in 2023, up 25% from 2022. The milestone, which comes 15 years after the company was founded, offers a glimpse into the financials… Continue Reading…

Business

“Disney begins second, larger round of layoffs, bringing total to 4,000 jobs cut”

“Disney began its second, larger wave of layoffs Monday, bringing total job cuts in recent weeks to 4,000 when the latest round is completed. Earlier this year, Disney said it would slash 7,000 jobs from its workforce as part of… Continue Reading…

Economy

“Job growth totals 236,000 in March, near expectations as hiring pace slows”

“…The Labor Department reported Friday that payrolls grew by 236,000 for the month, compared to the Dow Jones estimate for 238,000 and below the upwardly revised 326,000 in February. The unemployment rate ticked lower to 3.5%, against expectations that it… Continue Reading…

Economy

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

“…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…

Economy

“Weekly jobless claims total hits new pandemic-era low of 364,000”

“Initial filings for unemployment insurance fell sharply last week, indicating continued improvement in the U.S. jobs market, the Labor Department reported Thursday. First-time jobless claims totaled 364,000 for the week ended June 26, compared with the 390,000 Dow Jones estimate.… Continue Reading…

Stocks

“Top 5 Core Bond Funds for Long-Term Investors”

“1. Fidelity Total Bond Fund (FTBFX) The Fidelity Total Bond Fund seeks to provide investors with high levels of current income. The fund uses the Bloomberg Barclays U.S. Universal Bond Index in guiding its allocation decisions and as a benchmark index. The… Continue Reading…

Stocks

“3 Dividend Aristocrats For Safe Dividends And High Total Returns”

“Undervalued Dividend Aristocrat #1: AbbViev… Our fair value estimate for AbbVie stock is a P/E of 10.5, compared with a forward P/E of 8.4. This means that if AbbVie’s valuation expanded from 8.4 to 10.5 over the next five years, total returns… Continue Reading…

Economy

“U.S. weekly jobless claims rise for a second straight week, total 1.434 million”

“The number of Americans who filed new claims for unemployment benefits last week totaled 1.434 million, the Labor Department reported Thursday, roughly in line with expectations, as the coronavirus pandemic continues to ravage the U.S. economy.  It was the 19th straight… Continue Reading…