Page 41 - Mark Hamrick News Today

MARKET WRAPS Watch For: Germany industrial production index; U.K. Halifax house price index, BRC-KPMG retail sales monitor; trading updates from Siemens Energy, Dechra Pharmaceuticals, SAS...

 

Markets rose Friday morning after strong tech earnings and the latest jobs report from the Bureau of Labor Statistics. The US economy added 187,000 jobs in July, and the unemployment rate ticked down to 3.5% — a "Goldilocks" report that is neither good nor bad.

A highly anticipated downturn in the U.S. economy may not come to fruition, based on the latest economic data, experts say. Here’s what consumers can expect.

A highly anticipated downturn in the U.S. economy may not come to fruition, based on the latest economic data, experts say. Here’s what consumers can expect.

The Bureau of Labor Statistics (BLS) will release the July nonfarm payrolls report on Friday morning. Its a survey of private business establishments in the country measuring the net number of jobs

Here’s why experts say to expect for the remainder of 2023.

Experts say former President Donald Trump's Jan. 6 indictment was a "nonevent" for capital markets, and so was the Fitch AAA U.S. downgrade.

While former President Trump’s latest indictment rocked political and media circles Tuesday evening, the news was likely not a factor in market losses Wednesday morning. “A fundamental market tenet is that market prices are based on expectations, not realizations. The Trump indictment was widely anticipated, so while a seismic event politically, it really isn’t a…

The unemployment rate in the Pittsburgh area inched down to 3.9% during the month of June, a new record low. The drop of two-tenths of a percentage brings the rate to the lowest point since 1976, according to data released Tuesday by the state Department of Labor & Industry. David