Inflation in the US, measured by the Personal Consumption Expenditures (PCE) Price Index, stayed unchanged at 0.3% on a monthly basis in September, the US Bureau of Economic Analysis reported on Friday. Annually, the PCE Price Index edged higher to 4.4% from 4.2% but came in lower than the market …
Read More »U.S. Weekly Initial Jobless Claims Decline to 281K
There were 281,000 initial claims for unemployment benefits in the US during the week ending October 23, the data published by the US Department of Labor (DOL) revealed on Thursday. This reading followed the previous print of 291,000 (revised from 290,000) and came in better than the market expectation of …
Read More »US: Durable Goods Orders Decline in September
Durable Goods Orders in the United States declined 0.4%, or $1 billion, in September to $261.3 billion, the data published by the US Census Bureau showed on Wednesday. This reading followed August’s increase of 1.3% and came in better than the market expectation for a contraction of 1.1%.
Read More »Weekly Initial Jobless Claims Decline to 290K
There were 290,000 initial claims for unemployment benefits in the US during the week ending October 16, the data published by the US Department of Labor (DOL) showed on Thursday. This reading followed the previous print of 296,000 (revised from 293,000) and came in better than the market expectation of …
Read More »J&J’s Coronavirus Vaccine Adds More Than $500 Million to Third-Quarter Sales
Johnson & Johnson said it sold $502 million of its coronavirus vaccine in the third quarter, in its third-quarter financial statements that beat Wall Street earnings expectations. The company reported adjusted earnings per share of $2.60 per share, versus expectations of $2.35 per share. The company’s revenue came to $23.34 …
Read More »Weekly Initial Jobless Claims Decline to 293K
There were 293,000 initial claims for unemployment benefits in the US during the week ending October 9, the data published by the US Department of Labor (DOL) showed on Thursday. This reading followed the previous print of 329,000 (revised from 326,000) and came in better than the market expectation of …
Read More »The U.S. Annual CPI Inflation Edges Higher to 5.4% in September
Inflation in the US, as measured by the Consumer Price Index (CPI), rose to 5.4% on a yearly basis in September from 5.3% in August, the US Bureau of Labor Statistics figures showed on Wednesday. This reading came in line with analysts’ expectations. The CPI edged higher to 0.4% from …
Read More »The U.S. Nonfarm Payrolls Rise in September
Nonfarm Payrolls (NFP) in the US rose by 194,000 in September, the data published by the US Bureau of Labor Statistics showed on Friday. This reading missed the market expectation of 500,000 by a wide margin. On a positive note, August’s print of 235,000 got revised higher to 366,000. the …
Read More »US: Weekly Initial Jobless Claims Decline to 326K
There were 326,000 initial claims for unemployment benefits in the US during the week ending October 2, the data published by the US Department of Labor (DOL) revealed on Thursday. experts’ estimates agreed that US unemployment claims are expected to reach 348,000, and these numbers are positive. Yesterday, the ADP …
Read More »Another 362,000 Individuals Filed New Claims Last Week
U.S. states saw an unexpected increase in initial jobless filings last week, even as companies across industries looked to bring on workers to fill widespread vacancies. The US Labor Department said on Thursday that first-time government jobless claims increased by 11,000 to a seasonally adjusted 362,000 for the week ending …
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