Personal income rose 0.3% m/m in December, slightly below the consensus forecast for 0.5% m/m. November growth was revised up from 0.4% m/m to 0.5% m/m. Compensation of employees (+0.6% m/m) was the primary driver of higher income, but it was partially offset by a decrease in proprietors’ income (-1.4% m/m). Removing the effect of […]
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Check back for updates throughout the trading day U.S. equity futures powered higher in early Monday trading, while the dollar had its biggest pullback in two weeks and Treasury bonds rallied, as markets reacted to Read more…
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