Initial Jobless Claims Lower

  • September 14, 2017
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Initial Weekly Jobless Claims 284,000 vs. estimates of 300,000. Continuing Jobless Claims 1.944M vs. estimates of 1.985M.

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August Producer Price Index Holds Firm

  • September 14, 2017
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August Headline CPI YOY 1.9% vs. estimates of 1.8% Core CPI YOY 1.7% vs. estimates of 1.6%. CPI MOM 0.4% vs. estimates of 0.3%. Core CPI 0.2% vs estimates of 0.2%. Inflation is a little higher than expected and a frogs-hair away from 2.0%, which is a slight negative for pricing.

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Bank of England May Hike Rates Within Months

  • September 14, 2017
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BOE Holds Interest Rates Unchanged in 7-2 Vote.  The Bank of England ramped up its hawkish rhetoric Thursday, warning that an interest-rate hike could happen within months if the economy performs as officials expect.

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August Producer Price Index

  • September 13, 2017
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August Producer Price Index MOM 0.2% vs. estimates of 0.3% with Core PPI MOM 0.1% vs. estimates of 0.2%.  The PPI YOY 2.4% vs. estimates of 2.5% with Core PPI YOY 2.0% vs. estimates of 2.1%. This is a smidge lighter than expectations, but Core YOY did move up from July’s reading of 1.8% to August’s reading of

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Breach likely affected all US adults, cyber security expert warns

  • September 11, 2017
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As the number of complaints continue to rise after credit reporting agency Equifax’s massive hack last week, the scale and scope of the breach is troubling cyber security experts who warn nearly every adult in the United States could have been affected.

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American workers labored harder in second quarter, revised productivity figures show

  • September 7, 2017
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The government on Thursday said productivity increased at a 1.5% annual pace in the spring, up from an initial 0.9% estimate. Productivity rises when workers supply more goods and services in the same amount of time. The upward revision stemmed entirely from workers producing more goods and services. Output was revised up to show a

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Most U.S. companies turned growth up a notch in August, ISM survey finds

  • September 6, 2017
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The Institute for Supply Management said its non-manufacturing index rose to 55.3% last month from 53.9% in July, which was the lowest reading in the past year. A similar ISM survey of manufacturing firms also showed the fastest growth in six years.

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Labor Department estimates it will make upward adjustment of 95,000 jobs

  • September 6, 2017
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The Labor Department on Wednesday said its preliminary benchmark revision anticipates a 95,000-job, or 0.1%, increase to March 2017 employment. The final benchmark revision will be issued in February. Each year, the employment estimates are benchmarked to comprehensive counts of employment for the month of March, drawing on state unemployment-insurance tax records.

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U.S. trade deficit shows no sign of shrinking

  • September 6, 2017
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The trade deficit rose slightly in July, keeping the U.S. on track to post a larger gap in 2017 than in 2016. The deficit edged up to $43.7 billion in July from $43.5 billion in June, the Commerce Department said Wednesday. Economists polled had forecast a $44.8 billion gap.

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Consumer sentiment retreats in late August

  • September 1, 2017
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Consumer sentiment pulled back to a final August reading of 96.8 in August from a high preliminary reading of 97.6, according to reports on the University of Michigan gauge released Friday.

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