The U.S. Initial Jobless Claims Rise Above Expectations
U.S. seasonally adjusted initial claims for the week ending November 14 was 742,000, up 31,000 from the previous week's revised level and above expected 700,000, according to the Department of…
Initial Jobless Claims for Week Ending November 7 Fall Below Expected
U.S. initial jobless claims for the week ending November 7 were 709,000, a decline of 48,000 from the previous week’s revised level, and below the estimated 731,000, according to the…
National 4-6 Weeks Lockdown Could Control the Pandemic and Revive the U.S. Economy – Biden COVID Advisor
Dr. Michael Osterholm, the coronavirus advisor to U.S. president-elect Joe Biden, says that a lockdown of 4 to 6 weeks will help control the pandemic and revive the economy, according…
Post-Election Markets Pricing to Shift to Vaccine Progress and Growth Outlook – Goldman
Goldman strategists believe that the financial markets have moved a long way towards pricing in the U.S. election outcome, according to Bloomberg. The strategist points out that attention is now…
U.S. Initial Jobless Claims Falls, but Tops Expectations
U.S. initial claims for the week ending October 31 was 751,000, down 7,000 from the previous week's revised level, but above expected 735,000, according to the Department of Labor's press…
U.S. Private Sector Employment Gained 365,000 Jobs in October, Report Reveals
The U.S. nonfarm private sector employment rose by 365,000 jobs from September to October, down from expected 650,000, according to ADP Research Institute’s press release. Employment gains were recorded across…
The U.S. Senate Could Matter More for Markets than the President
Analysts believe that the Senate will be more important in determining the winners and losers in markets given its ability to advance or block the next president’s agenda, according to…
U.S. GDP and Personal Consumption Rise in Q3, but Personal Income Falls
U.S. Real Gross Domestic Production rose at an annual rate of 33.1% in Q3 2020, above an estimated 31.0%, offsetting Q2 2020 declines of 31.4%, according to the Bureau of…
U.S. Initial and Continuing Jobless Claims Fall below Expectations
U.S. initial jobless claims for the week ending October 24 was 751,000, a 40,000 fall from the previous week's revised level, and below expected 770,000, according to the Department of…
U.S. Consumer Confidence Index falls in October 2020
The U.S. Consumer Confidence Index in October was 100.9, down from September’s 101.3 and below expected 102.0, according to the CEIC press release. The fall in consumer confidence reflects low…
Trump and Biden: Remarks on Final Presidential Debate
The U.S. final presidential debate held in Nashville, Tennessee on Thursday evening saw Trump and Biden raise key points to woe undecided American voters, according to Reuters. Here are the…
U.S. Initial Jobless Claims Decrease in October 2020
U.S. initial jobless claims in the week ending October 17 were 787,000, a decline of 55,000 from the previous week’s revised level and down from expected 870,000, according to a…