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.
Can the Bruins take Game 6 from the Senators? NHL Predictions 4/23/17
D Fredrik Claesson was added to the lineup. "I think giving (Wideman) a little break will help him", Sens coach Guy Boucher said. During the power play, it was MacArthur who scored the power play goal to win the game for the Senators 3-2 and end the series .
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.
Arsenal and Chelsea transfer blow: Bayern Munich complete signing of £17m star
It's official: Bayern Munich have made Kingsley Coman's move to the Allianz Arena a permanent one. Bayern Munich had also paid €7m for the two-season loan deal.
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
White House expects vote on healthcare bill this week
But if they were to do that, then the states would have to come up with another plan that would cover those people. But moderate Republicans are wary of what the bill might mean for people with pre-existing conditions back home.
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 02 2017
Watchdog to Trump: Accountability not red carpet for Duterte
Sabi ko nga (I said), 'Is there any room here for guests?' Sabi nila meron for guests (They said they have room for guests). China claims almost all of the strategically vital waterway, even waters approaching the coasts of its neighbors.
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 02 2017
Claims about Trump's tax plan don't hold up
CNBC's sample included 1,941 of the largest public companies, which had combined net income of more than $1 trillion in 2016. Most everyone fears it, but it's already been so watered down as to apply only to estates worth at least $5. 5 million .
May 01 2017
Senate poised to confirm Acosta as Trump's man at labor
The fast food CEO acknowledged having hired a housekeeper not authorized to work in the US and belatedly paying the related taxes. Senate Health, Education, Labor and Pensions Committee had approved Acosta's nomination by a 12-11 party line vote in late March.
Apr 30 2017
What grade do the Cardinals get through 3 rounds of the draft?
Arians said he sees a lot of the Denver Broncos' Von Miller in Reddick , which could be scary good for the Cardinals. He's 6-foot-2, 245 pounds, he ran a sub 4.5 (40-yard dash), he's explosive, he's got a great first step.
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
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.
Apr 30 2017
JuJu Smith-Schuster: JuJu Smith-Schuster goes to Steelers at 62
Even though you don't want to see your players fighting on social media, Tomlin may secretly like their competitive attitudes. The Steelers are one of the few teams that are just a few players away from reaching their next Super Bowl .
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