US jobless claims fall unexpectedly as the labor market tightens The number of Americans filing for unemployment benefits unexpectedly fell last week, pointing to a further tightening in labor market conditions. The robust labor market […]
Buffett says economy is feeling strong: 'If we're in the sixth inning, we have our sluggers coming to bat' Berkshire Hathaway chairman Warren Buffett and J.P. Morgan Chase chief executive Jamie Dimon both believe that […]
More Americans are crediting Trump for the stronger economy, but that isn't helping the GOP with voters: NBC/WSJ poll Rising satisfaction with the American economy has lifted President Donald Trump, but not the Republican campaign […]
Companies have no choice now but to raise wages The US economy is running at close to capacity, with only 3.8 percent unemployment. Finally, after years of unrequited anticipation, we are seeing some reasonable wage […]
US first-quarter productivity revised to 0.4% U.S. worker productivity increased less than initially thought in the first quarter, while growth in unit labor costs was a bit stronger, supporting views that inflation pressures were steadily […]
The world’s biggest hedge fund is reportedly ‘bearish on financial assets’ The world’s largest hedge fund has made the astonishing claim that it’s bearish on almost all financial asset classes, according to the website ZeroHedge.