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Wage growth beats expectations
Wage growth since the Great Recession has remained fairly low, hovering around just 2%. This is most likely not high enough to support the Fed's stated inflation target of 2% year-over-year.Over the...
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Futures lower after March payrolls data
(Reuters) - U.S. stock index futures were lower on Friday after a non-farm payrolls report showed employers added more jobs than expected in March, a sign of economic resilience that could allow the...
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Labor-force participation increases for the 4th month in a row
Since about the turn of the millennium, the labor-force participation rate, or the share of American civilians over the age of 16 who are working or looking for a job, has dropped pretty dramatically,...
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21 tips for buying a property in Britain with the least hassle
Buying a property is always going to be stressful but now the British market is going absolutely bonkers.Soaring demand and a lack of supply in the housing market is creating a vortex of competition...
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American manufacturing workers just had their worst month in over 6 years
American manufacturing workers had a dismal March according to Friday's jobs report.Despite the report's overall beat with 215,000 jobs added, manufacturing jobs dropped by 29,000. As observed by New...
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Wall Street to end 2016 with small gain; rate rises a worry - Reuters poll
By Caroline ValetkevitchNEW YORK (Reuters) - The turbulent selloff that marked the start of the year for U.S. stocks may be over, but the market will still end 2016 with a whimper, posting just a...
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Here's what's happening in FX right after the jobs report
Good morning!Here are the major moves in Forex as of Friday, April 1 8:00 a.m.The US dollar index is up 0.1% at 94.70 right after the March jobs report. There were 215,000 additional nonfarm payrolls...
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A former undocumented immigrant who rose to a $340,000 position at Goldman...
Julissa Arce was an undocumented immigrant from Mexico when she worked her way up from an intern to a vice president at Goldman Sachs.She's written a book about her life, and shared her strategy for...
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Trading in eight stocks suspended for balance of trading day: NYSE ARCA
By Chuck MikolajczakNEW YORK (Reuters) - NYSE Arca has suspended trading in eight symbols for the balance of the trading day due to a technical issue, including Amazon.com and both classes of Alphabet...
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Understand the payments industry in one hour with this report
The modern smartphone is a remarkable device. A single device that fits in your pocket can do all the tasks that once required cameras, camcorders, GPS devices, watches, alarm clocks, calculators, and...
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This US economic expansion isn't ending anytime soon (DIA, SPX, SPY, QQQ,...
It's time to be real: the US economic expansion isn't ending anytime soon.At the start of this year you couldn't go a day without hearing someone call for a recession.People pointed to weakness in the...
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LIVE: US Auto sales (HMC, TM, F, GM, FCAU, NSANY, VOW)
Throughout Friday, automakers are reporting their sales numbers for March.Analysts forecast that auto sales rose at an annualized rate of 17.3 million.This would be down from the pace of 17.54 million...
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Stocks are sliding after the jobs report (SPY, SPX, DJI, IXIC)
Stocks opened lower on Friday after we got the March jobs report that beat expectations.Futures had already been under pressure ahead of the report, as European markets sold off. Near 9:33 a.m. ET, the...
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European stocks have lost a month's gains in a single day
European stocks are sharply lower on Friday, extending losses seen on Thursday, and erasing an entire month's gains, pushed downwards by a pretty uninspiring set of European PMI figures, a fall in the...
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Ford March U.S. auto sales rise 8 percent
By Bernie WoodallDETROIT (Reuters) - Ford Motor Co said its U.S. auto sales rose 8 percent in March, narrowly topping analysts' expectations, as the company benefited from a strong performance by its...
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Here comes consumer confidence...
The University of Michigan Consumer Sentiment Index crosses at 10 a.m. ET.Economists are expecting a headline consumer sentiment index reading of 90.5, according to Bloomberg.The preliminary consumer...
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Markit says American manufacturing improved a little in March (USD, DXY)
We're finding out how the US manufacturing sector performed in March.Markit Economics' final purchasing manager's index (PMI) for the month came in at 51.5, as expected, and reflecting slow...
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The Chevy Bolt has one gigantic advantage over the Tesla Model 3 (tsla)
Tesla unveiled its mass-market Model 3 vehicle in Los Angeles last week.It was an exceptional reveal: Nearly 300,000 preorders have been placed for the $35,000 car, which the company says can do 0 to...
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Durable goods orders tumble in February
Durable goods orders fell in February more than expected and previously reported.Data from the Census Bureau on Monday showed that orders for goods built to last fell 3%, and 1.3% excluding the...
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One of the victims in Andrew Caspersen's alleged $95 million fraud was his...
James H. McIntyre of Moore Capital Management has been identified as the hedge fund employee duped in an alleged $95 million fraud, DealBook's Alexandra Stevenson and Matthew Goldstein report.Last...
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