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Top News In ஜெஃப்ரி ரோசன்பெர்க் Today - Breaking & Trending Today

Powell says Fed taper could start 'soon,' end around mid-2022

Powell says Fed taper could start 'soon,' end around mid-2022
investmentnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investmentnews.com Daily Mail and Mail on Sunday newspapers.

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U.S. job growth tops forecast with biggest gain in nearly a year

U.S. job growth tops forecast with biggest gain in nearly a year
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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Bond traders: Taper-talk roadmap revives volatility in bond market

The Fed is currently buying around $120 billion in debt each month $80 billion of Treasuries and $40 billion of mortgage-backed securities. The central bank has said it will continue to do so until it has made “substantial further progress“ toward its employment and price goals. ....

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Trucking Jobs Gain in December Outweighed by Wider Labor Trouble

Trucking Jobs Gain in December Outweighed by Wider Labor Trouble
A worker preps food at a restaurant in downtown Memphis, Tenn. (Nina Westervelt/Bloomberg News)
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The U.S. labor market lost jobs in December for the first time in eight months, yet transportation-related businesses showed solid growth, the Labor Department said Jan. 8.
Nonfarm payrolls decreased by 140,000 from the prior month, and the unemployment rate was unchanged at 6.7%, providing the strongest evidence yet of how the surge in coronavirus cases is weighing on the economy. The median estimate in a Bloomberg survey called for a 50,000 increase in employment and for the jobless rate to tick up to 6.8%. ....

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U.S. Jobs Recovery Falters as Virus Surge Snaps Hiring Streak

U.S. Jobs Recovery Falters as Virus Surge Snaps Hiring Streak
Bloomberg
1/8/2021
Olivia Rockeman
(Bloomberg) The U.S. labor market lost jobs in December for the first time in eight months, reflecting a plunge in restaurant employment that highlights how surging coronavirus infections are taking a greater toll on parts of the economy.
Nonfarm payrolls decreased by 140,000 from the prior month, according to a Labor Department report Friday that bucked economists’ forecasts for a modest gain. The unemployment rate held at 6.7%, halting a string of seven straight drops.
© Bloomberg
U.S. economy lost 140,000 workers in December, marking first drop since April ....

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