1 June, 2017 by The TZ Newswire Staff Comments Off on Hiring in May is expected to be strong for college grads and everyone else
Hiring in May is expected to be strong for college grads and everyone else
Hiring in May was expected to have been strong, with 185,000 jobs created and unemployment steady at a low 4.4 percent.
1 June, 2017 by The TZ Newswire Staff Comments Off on Not All Democrats Pissed About Paris Pullout – Sen. Joe Manchin (D-WV) Has Trump’s Back
Not All Democrats Pissed About Paris Pullout – Sen. Joe Manchin (D-WV) Has Trump’s Back
Amid a cacophony of autistic screeching from the left following Trump’s decision to pull out of the Paris Climate Accord, at least one Democrat stands strong behind the President. Senior ranking Democrat Senator from West Virginia, Joe Manchin, issued a statement saying he ‘does not believe that the Paris Agr
1 June, 2017 by The TZ Newswire Staff Comments Off on "That’s A Bad Cocktail" – Small Business Borrowing Tumbles To 6-Month Lows
"That’s A Bad Cocktail" – Small Business Borrowing Tumbles To 6-Month Lows
Despite The Fed’s hype and the market’s hope, data released this morning is flashing a big red warning sign that economic growth may soften ahead – borrowing by small U.S. firms dropped to a six-month low in April.
Reuters reports that the Thomson Reuters/PayNet Small Business Lending Index dropped a third straight month in April to 123.1, down 5 percent from last April and the lowest level since October.
1 June, 2017 by The TZ Newswire Staff Comments Off on Five Below Posts Solid Results, Sees Better Times Ahead
Five Below Posts Solid Results, Sees Better Times Ahead
Even though the broader retail industry has gone through tough times lately, one area that’s shown few signs of letting up is the teen discount retail segment. In that space, Five Below (NASDAQ: FIVE) has a very strong presence, and it’s managed to produce impressive results in the past, even when peers serving other retail-market niches have struggled.
1 June, 2017 by The TZ Newswire Staff Comments Off on Société Générale NFP preview (spoiler +160K, 4.4%, 0.2% m/m & 2.6% y/y, 34.4 hrs)
Société Générale NFP preview (spoiler +160K, 4.4%, 0.2% m/m & 2.6% y/y, 34.4 hrs)
Soc Gen with their nonfarm payroll thoughts
– After a weak March print, payrolls rebounded by 211,000 in April, and the unemployment rate fell again to 4.4%. The bulk of the gain was driven by leisure (55,000), education/health (41,000), and professional business services (39,000), which together accounted for about 70% of the 194,000 rise in private job growth in the month.
Earlier previews here:
1 June, 2017 by The TZ Newswire Staff Comments Off on France’s Macron says Trump’s Paris deal withdrawal will harm Americans
France’s Macron says Trump’s Paris deal withdrawal will harm Americans
Macron said Trump had “committed an error for the interests of his country, his people and a mistake for the future of our planet.”
1 June, 2017 by The TZ Newswire Staff Comments Off on Lloyd Blankfein’s first-ever tweet slams Trump’s climate decision
Lloyd Blankfein’s first-ever tweet slams Trump’s climate decision
It took President Donald Trump’s controversial choice to withdraw the U.S. from the Paris climate-change accord to turn Lloyd Blankfein from a Twitter lurker into a tweeter.