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KQED Nightly Business Report June 22, 2024 - Vimarsana News

KQED Nightly Business Report June 22, 2024

17 months. 215,000 positions were added in july, with the Unemployment Rate steady at 5. 3 . Wages ss nudged up just slightly while the share of americans participating in the labor force remains stuck at a 38year low. But experts say the overall report is proof the recovery is chugging along and likely keeps the Federal Reserve on track for its first Interest Rate hike since 2006. Hampton pearson has more on the numbers and what they mean for main street and wall street. For the first seven months of this year job growth has been wide spread averaging 212,000 jobs per month. Health care conti...

KQED Nightly Business Report June 22, 2024 - Vimarsana News

KQED Nightly Business Report June 22, 2024

17 months. 215,000 positions were added in july, with the Unemployment Rate steady at 5. 3 . Wage s nudged up just slightly, while the share of americans participating in the labor force remains stuck at a 38year low. But experts say the overall report is proof the recovery is chugging along and likelynd kee the Federal Reserve on track for its first Interest Rate hike since 2006. Hampton pearson has more on the numbers and what they mean for main street and wall street. For the first seven months of this year, job growth has been wide spread, averaging 212,000 jobs per month. Health care cont...

KQEH Nightly Business Report June 22, 2024 - Vimarsana News

KQEH Nightly Business Report June 22, 2024

17 months. 215,000 positions were added in july, with the Unemployment Rate steady at 5. 3 . Wage s nudged up just slightly, while the share of americans participating in the labor force remains stuck at a 38year low. But experts say the overall report is proof the recovery is chugging along and likely keeps the Federal Reserve on track for its first Interest Rate hike since 2006. Hampton pearson has more on the numbers and what they mean for main street and wall street. For the first seven months of this year, job growth has been wide spread, averaging 212,000 jobs per month. Health care cont...

KQED Nightly Business Report June 22, 2024 - Vimarsana News

KQED Nightly Business Report June 22, 2024

Succeeded. In a surprise move, the worlds second largest economy devalued its currency by nearly 2 against the u. S. Dollar. Its largest devalue situation in 20 years. A weaker yuan would make chinas goods more affordable to foreign buyers so its being interpreted that chinas economy is in jeopardy of a deeper slow down which sent stocks tumbling. The dow jones fell to 17,402. Nasdaq dropped 65 and the s p 500 sank 20. Commodities also came under pressure since china is a big buyer of them. Oil fell to a sixyear low, down 4 to 4308 and a report from opec showed output increased to a threeyear ...

KQEH Nightly Business Report June 22, 2024 - Vimarsana News

KQEH Nightly Business Report June 22, 2024

Succeeded. In a surprise move, the worlds second largest economy devalued its currency by nearly 2 against the u. S. Dollar. Its largest devalue situation in 20 years. A weaker yuan would make chinas goods more affordable to foreign buyers so its being interpreted that chinas economy is in jeopardy of a deeper slow down which sent stocks tumbling. The dow jones fell to 17,402. Nasdaq dropped 65 and the s p 500 sank 20. Commodities also came under pressure since china is a big buyer of them. Oil fell to a sixyear low, down 4 to 4308 and a report from opec showed output increased to a threeyear ...