Tag Archives: report

There’s a high bar for an August jobs report surprise: Morning Brief

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, September 3, 2021 The August jobs report matters like every other jobs report.  In just a few hours, the Labor Department will release the August jobs report, and expectations are that hiring slowed down last month.  Consensus estimates call for non-farm payroll growth of 725,000 during the month, with the unemployment rate expected to… Source link

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Stock futures drift ahead of August jobs report

Stock futures were in a holding pattern Thursday evening before the release of the Labor Department’s August jobs report, which will offer the latest look at the state of the U.S. labor market recovery. Contracts on the S&P 500 hugged the flat line after the index set a record intraday and closing high during Thursday’s regular trading day. The Nasdaq had also set a record high, while the Dow ended a three-session losing streak to close in the green. Investors are anxiously awaiting the Source link

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Why the August jobs report will be make-or-break for the Fed

The Federal Reserve has telegraphed that it will soon take the first steps in paring back its extraordinary monetary stimulus to the economy, but Fed officials are split on exactly when to start that process. For many of the 18 policymakers on the central bank’s Federal Open Market Committee, it could all come down to a single point of data due this week. “A non-committal Fed puts the focus squarely on Friday’s jobs report,” ING Economics wrote Tuesday. The August jobs report, to be… Source link

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Afghanistan withdrawal ‘could drive a surge in radicalization’ and terrorist attacks, says leaked government report

The U.S. withdrawal from Afghanistan could make terrorist attacks inside the U.S. and abroad more likely, according to an intelligence report distributed yesterday to government and law enforcement agencies. “We assess domestic and foreign violent extremists probably are attempting to exploit the US withdrawal from and deteriorating security situation in Afghanistan to inspire attacks and recruit like-minded extremists online,” reads the Department of Homeland Security report, dated Aug…. Source link

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Strong August jobs report will be green light for taper

Federal Reserve Governor Christopher Waller said Friday that if the August jobs report next week shows more than 850,000 payroll gains, he would advocate taking the first steps in pulling back the Fed’s easy money policies. “I would like to go early this fall,” Waller told Yahoo Finance in an exclusive interview on Friday. “I don’t see any reason that we would need to wait until next year. That’s my own view, unless something really bad comes out in the job market report next… Source link

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Peloton’s Earnings Report Is the Latest Blow in Rocky Year

(Bloomberg) — Peloton Interactive Inc. tumbled Friday after delivering a disappointing sales outlook, the latest setback in a year marked by product recalls and waning consumer interest. The at-home fitness company disclosed other unwelcome news in its earnings report late Thursday, including that it’s cutting the price of its most popular bike, a move aimed at broadening its customer base but one that will also hurt its bottom line this year. Peloton also said it found a problem with the… Source link

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Yandex (YNDX) Up 2.1% Since Last Earnings Report: Can It Continue? – August 27, 2021

A month has gone by since the last earnings report for Yandex (YNDX Quick QuoteYNDX – Free Report) . Shares have added about 2.1% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Yandex due for a pullback? Before we dive into how investors and analysts have reacted as of late, let’s take a quick look at its most recent earnings report in order to get a better handle on the… Source link

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‘No toilet paper, again?!’ Shoppers report COVID delta shortages and hoarding

‘No toilet paper, again?!’ Shoppers report COVID delta shortages and hoarding Remember the bare store shelves and shopping carts overflowing with bulk packages of toilet paper and bottled water during last year’s intial waves of COVID-19? The bleak scenes at the big-box stores may be making a comeback, thanks to the COVID delta variant sweeping the U.S. Don’t be surprised if you can’t find t.p. again at your local Costco store. A new survey finds three-quarters of Americans are already seeing… Source link

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What is the JOLTS report: Yahoo U

The monthly jobs report (also called the “employment situation”) gets a lot of attention for its comprehensive read on the state of unemployment in the United States. But a lesser known report known as the Job Openings and Labor Turnover Survey (JOLTS) offers more detail into labor market churn, showing the flow of people in and out of jobs and the movement of people from one job to another. Put together, the two reports (both produced by the Bureau of Labor Statistics) offer context on the… Source link

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What is the JOLTS report?

Yahoo Finance’s Brian Cheung breaks down what the JOLTS report is and how it differs from the monthly U.S. jobs report. Video Transcript AKIKO FUJITA: Job openings hit a new record in June, with JOLTS data pointing to 10 million positions now available. But what exactly is JOLTS? And what does it tell us that the jobs report doesn’t? For more on that, let’s bring in Brian Cheung with this week’s “Yahoo U.” Brian. [MUSIC PLAYING] BRIAN CHEUNG: Well, Akiko, class is in session– a little summer… Source link

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