There were 419,000 initial claims for unemployment benefits in the US during the week ending September 3, the data published by the US Department of Labor (DOL) revealed on Thursday. This reading followed the previous print of 345,000 (revised from 340,000) and well below market expectations of 335,000
Read More »FDA to Discuss Booster Shots Ahead of Plan for Third Jabs
The United States Food and Drug Administration (FDA) is reportedly discussing the proposals for additional booster shots of the coronavirus vaccines. The FDA Vaccines and Related Biological Products Advisory Committee reportedly plans to hold a meeting on September 17 to discuss the matter. The Pfizer- BioNTech vaccine, which recently was …
Read More »US Nonfarm Payrolls Rise by 235,000 in August
Nonfarm Payrolls (NFP) in the US rose by 235,000 in August, the data published by the US Bureau of Labor Statistics showed on Friday.
Read More »US: Weekly Initial Jobless Claims Decline to 340K
There were 340,000 initial claims for unemployment benefits in the US during the week ending August 28, the data published by the US Department of Labor (DOL) revealed on Thursday. This reading followed the previous print of 354,000 (revised from 353,000) and came in slightly better than the market expectation …
Read More »US: Personal Income Rises by 1.1% in July
The US Bureau of Economic Analysis (BEA) reported on Friday that Personal Income expanded by 1.1% in July. This reading came in better than the market expectation of 0.2%. Further details of the report revealed that Personal Spending, which increased by 1.1% in June, rose by 0.3% in the same …
Read More »US: Weekly Initial Jobless Claims Rise to 353K
There were 353,000 initial claims for unemployment benefits in the United States during the week ending August 21, the data published by the US Department of Labor (DOL) revealed on Thursday. This reading followed the previous print of 349,000 and came in slightly worse than the market expectation of 350,000.
Read More »US: Weekly Initial Jobless Claims Decline to 348K
There were 348,000 initial claims for unemployment benefits in the US during the week ending August 14, the data published by the US Department of Labor showed on Thursday. This reading followed the previous print of 377,000 and came in better than the market expectation of 363,000.
Read More »NY Empire State Manufacturing Index slumps to 18.3 in August
The headline General Business Conditions Index of the NY Fed’s Empire State Manufacturing Survey fell sharply to 18.3 in August from 43 in July. This reading missed the market expectation of 29 by a wide margin.
Read More »Adidas to Sell Reebok in $2.5 B Deal
Adidas is selling Reebok to Authentic Brands Group in a deal worth about EUR 2.1 billion ($2.5 billion). The largest sportswear manufacturer in Europe reportedly wants to focus on its main business and core brand The German multinational company acquired Reebok in 2006 in a $3.8 billion deal that failed …
Read More »Weekly Initial Jobless Claims Decline to 375K
There were 375,000 initial claims for unemployment benefits in the US during the week ending August 7, the data published by the US Department of Labor (DOL) revealed on Thursday. This reading followed the previous print of 387,000 (revised from 385,000) and matched the market consensus.
Read More »