Tag Archives: Topping

U.S. private sector employers brought back slightly more jobs than expected in March as the economy faced ongoing labor shortages and widespread vacancies. Private sector payrolls rose by 455,000 in this past month, ADP said in its latest report Wednesday. Consensus economists were looking for 450,000 jobs to return, according to Bloomberg data. In February, employers brought back 486,000 payrolls, based on ADP’s upwardly revised monthly print. The private services sector saw jobs return… Source link

U.S. private employers added back more jobs than expected last month, reflecting a pick-up in the pace of hiring as more service-focused companies brought back workers to meet elevated demand.  Private payrolls grew by 571,000 in October compared to September, ADP said in its closely watched monthly report. Consensus economists were looking for a rise of 400,000 jobs, according to Bloomberg data. The month earlier, private payrolls had risen by a downwardly revised 523,000, from the 568,000… Source link

Netflix (NFLX) reported third-quarter results after market close that showed a pick-up in subscriber growth after a disappointing first half of the year. Third-quarter profits also came in ahead of Wall Street’s expectations, while revenue matched estimates.  Shares rose by about 1.5% in late trading following the results.  Here were the main metrics from Netflix’s report, compared to consensus estimates compiled by Bloomberg: Revenue: $7.48 billion vs. $7.48 billion expected, $6.44 billion… Source link

Bloomberg Central Banks to Pour Money Into Economy Despite Sharp Rebound (Bloomberg) — The aggressive rebound in global economic growth still isn’t enough for most of the world’s central banks to pull back on their emergency stimulus.In Bloomberg’s quarterly review of monetary policy covering 90% of the world economy, the Federal Reserve, European Central Bank and Bank of Japan are among the 16 institutions set to hold interest rates this year.The outlook suggests officials still want… Source link