May 04 2017
Economists polled by Reuters expect US employers to have added 185,000 jobs in April, up from 98,000 in March.
Cash or time off?
Following a two-day policy meeting, officials unanimously held their benchmark rate steady in a range between 0.75% and 1%, while noting in a statement that slow growth earlier this year was "likely to be transitory".
"We don't expect that will prevent the Fed from hiking interest rates again at the June meeting, at least not as long as employment growth rebounds in April and May", said Paul Ashworth, chief USA economist at Capital Economics in Toronto.
The FOMC said inflation "has been running close to the Committee's 2 percent longer-run objective".
Consumers continue to hunker down as well: The savings rate increased to the highest level since last August in April.
Going into Wednesday's meeting the markets were putting the chances of another quarter-point rate rise in the June 13th-14th meeting at more than 66 per cent, according to an analysis of futures trading from CME Group.
8 people injured in San Diego mass shooting
Witnesses said a man opened fire on a group of people who were celebrating at a birthday party in the pool area. A Fox News affiliate station reported multiple victims were shot before the gunman was himself shot.
Cyprus President accorded ceremonial welcome
India is also thankful for the efforts of Cyprus in support of her entry, as a member, into the Nuclear Suppliers' Group. Earlier in the day, the Cypriot President was given a ceremonial guard of honour in the forecourt of Rashtrapati Bhavan.
Asset Management Group Inc. Sells 338 Shares of General Electric Company (GE)
Asset Management Group Inc.'s holdings in General Electric Company were worth $1,012,000 at the end of the most recent quarter. NBW Capital LLC acquired a new position in General Electric Company during the third quarter valued at about $2,853,000.
Most economists say the Fed likely will stay the course and hike twice more this year, probably in June and September, despite a weak batch of economic indicators since it last raised rates in March.
"The stance of monetary policy remains accommodative, thereby supporting some further strengthening in labor market conditions and a sustained return to 2 percent inflation". Also, the recent French election put the centrist candidate in a good position to win in the final round, easing market fears over the ascendance of the far right anti-globalism candidate.
He said markets are now pricing a 70 percent chance of rate hike in June, which JP Morgan also expects. On Friday, the government estimated that the economy, as gauged by the gross domestic product, grew at a tepid 0.7 percent annual rate last quarter. But some Fed officials have portrayed the slump as transitory. Investors are attempting to gauge which uncertainties will be positive for economic growth and asset values and which uncertainties will be negative.
Statistics New Zealand reported on Wednesday that the number of employed people rose by 1.2% in the first quarter, beating expectations for a 0.8% gain and after an increase of 0.8% in the three months to December.
Headline inflation stood at 1.8 percent in March while the core measure, which excludes food and energy costs, was 1.6 percent.
According to the U.S. Treasury Secretary Steven Mnuchin, the 3% economic growth can be attained in the next two years as U.S. President Donald Trump made promises to cut corporate taxes.
"Underlying growth in the first quarter appears firmer than headline GDP would suggest", the economists argued, pointing to declines in the March unemployment and underemployment rates. A deflationary drop of 0,2% is the sharpest since the first quarter of 2015.
May 03 2017
State charges still possible for Baton Rouge officers
The two officers both had had two previous "use of force" complaints each, but records indicate they were cleared in all cases. The ACLU released a statement today about possible protests following the decision not to prosecute the Baton Rouge officers.
May 03 2017
Users Report Several Problems With The Galaxy S8
Because the phone and the table are connected via Wi-Fi, the phone also acts as a second screen for you to play with it. It's one thing if they're in the same place when you turn on the screen, but now as the name suggests, it's always on.
May 02 2017
NKorea says it will speed up nuke program in response to US
No US President has ever before met the leader of North Korea, and the idea is extremely controversial. The U.S. military's installation of the THAAD battery in South Korea has been hotly contested.
May 02 2017
Mitchell Trubisky's bar is set at Rex Grossman, not Jay Cutler
Trubisky is unproven, and likely did not warrant a top pick given the other glaring needs the Bears have at other positions. The Chicago Bears select Adam Shaheen in the second round of the 2017 NFL Draft after trading down from No. 36 overall.
May 01 2017
Nationals reinstate RHP Strasburg from paternity list
Starlin Castro tied it with a two-run drive in the ninth before Holliday sent the Bombers to their third consecutive win. Right-hander Noah Syndergaard (1-1, 1.73 ERA) of NY will face Joe Ross (1-0, 6.17) of the Nationals .
Apr 30 2017
Tekken 7 loses Roger the kangaroo because "animal activists"
He didn't go into details, but he did mention that there will be graphical improvements on the PlayStation 4 Pro for Tekken 7 . Harada clarified on Twitter that PETA, which has blasted video games in the past, did not come to Bandai Namco with concerns.
Apr 30 2017
"Star Wars: Battlefront II" is already looking better than its predecessor
Battlefront II will include a solo player campaign where players with take on the role of Iden Versio leading the "Inferno Squad". We're pretty sure you've seen the flick so the moments within the game will be familiar to you.
Apr 30 2017
Ontario budget promises free prescription drugs for everyone under 25
"I'm proud that, we as a government, we're investing $11.5 billion more in health care generally throughout the system". You need to have a plan that consolidates these eight different plans and provides the best coverage possible.
Apr 30 2017
What Analysts Are Saying About PayPal After Earnings
The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website . Raymond James Trust N.A.'s holdings in Paypal Holdings were worth $488,000 at the end of the most recent reporting period.
Apr 30 2017
Segun Adeniyi's book, "Against the Run of Play" contains distorted claims - Jonathan
He alleged that Jonathan's signing of the anti-gay marriage bill made the Barack Obama administration to work against him. Tambuwal, as speaker, eventually defected from the PDP to the then opposition - the All Progressives Congress (APC).
May 03 2017French artists back Macron at free concert
May 03 2017White House expects vote on healthcare bill this week
May 03 2017Isaiah Thomas Loses Tooth After a Nasty Elbow To The Face
May 02 2017Klitschko fight 'too soon' for Joshua
May 02 2017Watchdog to Trump: Accountability not red carpet for Duterte
May 01 2017Browns admit they might not keep Caleb Brantley
May 01 2017Trump says new plan covers pre-existing ailments
Apr 30 2017Arsenal and Chelsea transfer blow: Bayern Munich complete signing of £17m star
Apr 30 2017Acer is making yet another fitness wearable
Apr 30 2017Andy Murray books place in Barcelona Open quarter-finals
May 03 2017Government 'Needs a Good Shutdown' to Fix Senate 'Mess'
May 02 2017New York girds itself for Trump's first visit as president
May 02 2017Claims about Trump's tax plan don't hold up
May 01 2017Senate poised to confirm Acosta as Trump's man at labor
May 01 2017Flynn was warned not to accept foreign government payments
May 01 2017North Korea test-fires ballistic missile in defiance of world pressure
May 01 2017Oil prices inch down on high stocks, weak China factories survey
Apr 30 2017What grade do the Cardinals get through 3 rounds of the draft?
Apr 30 2017JuJu Smith-Schuster: JuJu Smith-Schuster goes to Steelers at 62
Apr 29 2017Shoe companies pass on endorsement deal with ex-UCLA PG Ball
Apr 29 2017Trump Picks Anti-Abortion Activist for Top HHS Post
Apr 29 2017Nintendo unveils its new handheld - the 2DS XL