payrolls

The Smart People Doing Smart Things Issue Ok – kind of a quirky title, but a lot of smart people were saying smart things in public this week. Peter Schiff made an excellent point in favor of property rights including for Bitcoin which he hates. Moody’s is late, but correct on a...

A week filled with significant events impacting the markets culminated in an unexpectedly strong September jobs report. Government Shutdown Averted; House Ousts McCarthy: The U.S. Congress managed to avoid a dramatic government shutdown just hours before the midnight deadline Oct. 1 by passing a...

The Bureau of Labor Statistics has cast a sobering light on the state of the U.S. job market through its preliminary benchmark revisions to total nonfarm employment for the year leading up to March 2023. A downward revision of 306,000 payrolls has partially tempered the perception of unflagging...

The Bureau of Labor Statistics is set to release the preliminary estimate of the upcoming annual benchmark revision to payroll data on Wednesday. The benchmark revision aligns jobs data with the precise Quarterly Census of Employment and Wages (QCEW), derived from state unemployment insurance...

When cannabis companies received a letter from payroll provider Paychex saying the company was no longer offering its services starting in May, they panicked. “That puts a lot of clients in the cannabis space at risk because, in the announcement, Paychex said they could no longer process...

We begin the second week of June with traders focused on economic data, inflation, central bank activity, and comments from Treasury Secretary Janet Yellen over the weekend. Let’s take a market minute to get ahead of what’s to come this week. The jobs report Friday disappointed many,...

Investors might have a good sense of how November went for the market long before their first helpings of turkey and stuffing. The month kicks off this Friday as investors take in payrolls data for October and a key update on U.S. manufacturing health. The drama continues on Nov. 16-17 when U.S....

An epic week begins on Wall Street today. Earnings from around 150 of the S&P 500 companies are only the start. There’s also a Fed meeting, payrolls data, and a new read on the U.S. manufacturing picture. It starts Monday as one of the market’s most closely watched names reports...

After that dramatic two-day drop, things seem to be stabilizing a bit this morning. Don’t forget that this has been a very resilient market, but also keep in mind that with payrolls looming tomorrow, the big down-move we’ve had, and more jitters about geopolitics, it could still be a...

Fleetcor Technologies (NYSE: FLT), a global business payments company, has acquired SOLE Financial, a payroll card provider enabling instant wage access for workers.  The acquisition will combine SOLE with Fleetcor's existing digital paycard business and increase the company's overall market....

The Fed threw one right down the middle late Wednesday, declining to hike or cut interest rates and hinting that it might not make any additional rate moves for a while. Stocks responded like a child who just had the cookie jar taken away. The jar in this case appeared to be hopes that Fed Chairman...

Friday’s enthusiasm looks like it might spill over into the new week as the focus remains squarely on China. A surprisingly healthy reading from China’s manufacturing sector early Monday was the first positive data out of that country in a while. While this could be a sign that Beijing...

The new administration has long promised jobs growth, and the first numbers of the Trump era are officially in. According to the Department of Labor's January employment report released Friday, the U.S. unemployment rate crept up to 4.8 percent, while labor force participation increased 0.2...

The widely watched ISM Manufacturing Index, the broad measure of monthly manufacturing activity in the United States, rose in June after showing contraction in May. The report also hinted that manufacturing payrolls declined sharply in the month in a sign that Friday's employment report will show...