The leisure and hospitality industries experience the greatest gains in January. The latest Labor Department jobs report shows the U.S. added 517,000 jobs in January, outstripping the forecast…
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Over 100K Jobs Cut in January
The report says, the worst January since 2009. Tech companies led the nation in job reductions in January, with around 40 percent of over 103,000 jobs that were…
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The Conference Board Leading Economic Index Falls for Tenth Month
The results have led some to believe a recession is coming. The Conference Board Leading Economic Index (LEI), which is a barometer of the health of the American…
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November Home Sales Lower Than Expected
It is the sixth straight month of decline. The National Association of Realtors (NAR) reported that pending home sales fell 4 percent in November from the prior month.…
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Restructure of Federal Reserve Proposed
Legislators recommend reducing the number of regional banks. Outgoing Senator Pat Toomey penned a legislative proposition to reshape the Federal Reserve’s regional banks and nomination process. Supported by…
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Federal Reserve Continues to Increase Interest Rates
Half a percent hike is the seventh this year. On Wednesday, the Federal Reserve again increased interest rates, by half a percentage point instead of the three-quarter percentage…
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U.S. Inflation Slowed in November
Dropped more than half a percent from October. The Consumer Price Index released this week shows inflation slowed in November, providing hope that interest rates and prices may…
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November Job Growth Higher Than Expected
Unemployment remains at 3.7 percent. The Bureau of Labor Statistics released figures on Friday that show the economy gaining 263,000 jobs in November, which is higher than economists…
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Inter-Agency Working Group Presents Progress Report
Rules and enhancements proposed to strengthen Treasury market. The Inter-Agency Working Group on Treasury Market Surveillance (IAWG) issued its staff progress report this month, outlining ways they have moved…
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Inflation Outpaces Wage Increases
Dallas federal reserve bank and labor data shows disparity. Purchasing power in the U.S. is experiencing further shrinkage despite higher wages. The Federal Reserve Bank of Dallas has…
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