Fed’s Beige Book report paints a picture of slowing US economy marked by pervasive caution and subdued sentiment. Economic activity was reported to have “declined slightly” overall, with half of the twelve Districts seeing slight to moderate declines, while three reported no change and three noted slight growth. The general tone remains “slightly pessimistic and […]
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Bitcoin has been on a tear lately, crossing the $110,000 mark in May. Rebecca Walser, CEO, Walser Wealth Management, joined TheStreet to discuss why blockchain could be the future of currency. Related: Why this NBA Read more…
Canada’s employment grew 8.8k in May, better than expectation of -11.9k fall. Growth in full-time employment (+58k; +0.3%) was offset by a decline in part-time work (-49k; -1.3%). Unemployment rate rose from 6.9% to 7.0%, Read more…
US non-farm payroll employment rose 139k in May, above expectation of 130k. That’s slightly below average monthly gain of 149k over the prior 12 months. Unemployment rate was unchanged at 4.2%, matched expectations. Participation rate Read more…