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No Surprises: Fed Leaves Rates Unchanged Again, Citing Slow Inflation Picture
Wednesday, May 1, 2019 - 3:47pm | 2012Read More...The Fed has gathered three times this year, and so far it hasn’t moved rates an inch. The latest non-move by the central bank came Wednesday, when it probably surprised almost no one by leaving its target range for the federal funds rate at between 2.25% to 2.5 percent, where it’s been...
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Earnings Countdown Clock Is Operating: Major Banks Start Season Later This Week
Monday, April 8, 2019 - 9:50am | 1763Read More...There’s quite a bit of excitement and nervousness heading into earnings season, but analysts don’t necessarily expect the kind of robust company financial growth many investors got used to the last couple of years. FactSet projects a 4.2% year-over-year decline in S&P 500 earnings...
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Jobs Growth Bounces Back In March After A Rough February, Easing Economic Concerns
Friday, April 5, 2019 - 9:46am | 1537Read More...That sound you’re hearing might be a sigh of relief from investors reacting to this morning’s monthly payrolls report. After a weak showing in February that raised fears of an economic slowdown, job creation bounced back in a big way with 196,000 jobs added by the U.S. economy in March...
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Highlight Reel Looks Light: Alphabet Reporting Later, But Early Action A Bit Slow
Monday, February 4, 2019 - 11:11am | 2242Read More...We seem to be getting off to a dull start this week. And unless you think the most exciting part of a football game is the punt, you might say the dullness began at about 7 p.m. last night, Atlanta time. The highlight reel today could consist of earnings from Google parent company Alphabet Inc...
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Mixed Signals From Payrolls Data Helps Put The Brakes On Market Momentum
Friday, February 1, 2019 - 6:50pm | 1780Read More...Momentum from the Fed’s dovishness earlier in the week seemed to peter out on Friday, with U.S. stocks ending mixed as market participants digested economic data while earnings season rolled on. The Dow Jones Industrial Average ($DJI) posted a 6-week winning streak with a higher close...
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Economist Dr. Thomas Simpson Sees New Payroll Employment Between 225,000-250,000 For December
Friday, January 9, 2015 - 7:34am | 221Read More...Speaking to Benzinga, Former Federal Reserve Officer and Economist Dr. Thomas Simpson said he expects a fairly strong number for the December jobs report, somewhere between 225,000-250,000 on the payroll side. “Of interest will be revision to October and November. In recent months,...
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Morningstar Economist Expects 150,000-200,000 New Jobs For December
Friday, January 9, 2015 - 7:31am | 224Read More...Morningstar Chief Economist Bob Johnson expects the employment growth for December to be around 150,000-200,000 jobs, about half of what it was in November. “But, if you average the two months together, and you’ll end up not that far from our long-term 12-month average, which is...
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Economist Dr. Mikhail Melnik Expects Friday's Payroll Growth To Be Around 220,000
Thursday, January 8, 2015 - 6:07pm | 151Read More...When asked about Friday’s payroll numbers, economist Dr. Mikhail Melnik told Benzinga he expects payroll growth to be around 220,000, with private payroll rising by about 205,000. Melnik, an associate professor for Kennesaw State University, said the economic growth seems to have cooled...
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November Payrolls Miss Expectations Badly
Friday, December 3, 2010 - 9:34am | 80Read More...The November nonfarm payrolls rose 39,000 in the month of November, well short of estimates and futures are tumbling as a result. Expectations were for a rise of 150,000 jobs in the month of November, with a jobless rate of 9.6%. The jobless rate came in at 9.8%. Private payrolls came in at 50,000...
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Tech Stocks Rise After Payrolls Report (AAPL, GOOG, IBM, MSFT, INTC, TTWO)
Friday, September 3, 2010 - 11:37am | 189Read More...Tech stocks responded positively to the easing of fears of a double-dip recession in the US. Investors heaved a sigh of relief after the Labor Department reported on Friday a lower-than-expected decline in non farm jobs. The government report said that non farm jobs had declined by 54,000 in August...
