William DavisUS services sector cooling; input price increase slows considerablyverified_publisherReuters - Lucia MutikaniWASHINGTON, April 3 (Reuters) - U.S. services industry growth slowed further in March, while a measure of prices paid by businesses for inputs dropped to a four-year low, which bodes well for the inflation outlook. The moderation in inflation is, however, likely to be gradual as other data on …
William DavisEconomy adds 336,000 jobs in September, in a stunning gainverified_publisherThe Washington Post - Lauren Kaori Gurley, Rachel SiegelThe unemployment rate held at 3.8 percent, according to a Bureau of Labor Statistics report released Friday The U.S. economy churned out a blockbuster 336,000 jobs in September, smashing economists’ expectations and heightening the risk that policymakers will have to push even harder to slow down …
William DavisCNN reporter breaks down surprises from the September jobs reportverified_publisherCNN - Alicia Wallace,Elisabeth Buchwald,Nicole Goodkind,Krystal HurUS markets chewed over the latest jobs report showed the economy added a whopping 336,000 positions last month. While that’s better than August’s tepid figures, it’s not exactly the cooling labor market Fed Chair Jerome Powell is looking for to keep inflation in check.
William DavisNasdaq leads Wall St rebound after weaker-than-expected data — Reutersapple.com - ReutersU.S. stocks ended higher and the Nasdaq gained more than 1% on Wednesday, a day after a sell-off, as the latest economic data showed U.S. private …
