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Add as a preferred source on GoogleUnited States productivity growth little changed at -1.9% in Q1 from -2.1% in Q4, the first back to back declines since 2006, reflecting the stalled economy but ongoing jobs growth (whereas Q4's fall reflected faster hir…
United States productivity growth little changed at -1.9% in Q1 from -2.1% in Q4, the first back to back declines since 2006, reflecting the stalled economy but ongoing jobs growth (whereas Q4's fall reflected faster hiring growth than output growth).
This is another reason to expect weaker jobs growth this year: bosses may seek to work last year's hires more effectively, precluding the hiring of as many new workers this year.
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
