US ADP private employment grew 455k in March, slightly above expectation of 450k. By company size, small businesses added 90k jobs, medium businesses added 188k, large businesses added 177k. By sector, goods-producing jobs grew 79k Read more…
The U.S. economy added 455,000 private sector jobs last month as service-focused companies ramped-up hiring in the wake of the Covid pandemic. The U.S. economy added modestly more-than-expected private sector jobs last month, data indicated Read more…
The billionaire’s disdain for unions is well known. His new declaration will not help matters Elon Musk’s contempt for unions is common knowledge. He’s not shy about it. The unions know this and it feeds Read more…
A brief inversion of the yield curve has stocks on the defensive Wednesday, while oil prices resumed their upward march amid bets on fresh Russia sanctions on energy exports. U.S. equity futures edged lower Wednesday, Read more…
NZDUSD is trading positive for the second consecutive day, flirting with last week’s high of 0.6987 after finding strong support near the 20-day simple moving average (SMA) and the 50% Fibonacci retracement of the 0.7217 Read more…
The Japanese yen continues to rebound and has posted sharp gains for a second straight day. USD/JPY is trading at 121.80 in the European session, down 0.82% on the day. Yen volatility continues The yen Read more…
“We’re making progress on pricing and inflation, inbound freight costs have moderated and various initiatives are working to mitigate higher outbound freight costs,” said CFO Mario Marte. Chewy (CHWY) – Get Chewy, Inc. Class A Read more…
Newly raised dividend will pay investors while they wait for shares to rebound, argues Real Money Columnist Paul Price A recreational vehicle maker has drawn Real Money Columnist Paul Price’s eye. “Polaris (PII) designs, engineers Read more…
Lululemon CEO Calvin McDonald said ‘selective’ price increases will offset the impact of higher freight and input costs. Lululemon Athletica (LULU) – Get Lululemon Athletica Inc Report shares jumped firmly higher Wednesday after it posted stronger-than-expected Read more…
USDJPY is currently trading around its red Tenkan-sen line around 122.00 after retracing below the 122.57 level, which is the 23.6% Fibonacci retracement of the up leg from the 114.40 low until the recorded 125.10 Read more…