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Economy News

Fed to cut interest rate in November at earliest

Jonathan Hobbs October 14, 2021

Next month, the U.S. Federal Reserve (Fed) will begin tapering its bond purchases. Moreover, the reduction would take place by July of next year, at a greater pace and scale than before. Experts interpreted the statement as announcing the possibility of a first rate hike by late next year. The

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Inflation: Weak employment numbers only fuel fears

Jonathan Hobbs October 10, 2021

In September, new jobs declined not because of a lack of jobs, but rather because of a lack of labor. As a result, companies are raising wages to secure employees, which is causing inflation concerns. In contrast to the expectations of the Federal Reserve (Fed), there is a growing expectation that inflation will remain high […]

Economy News

A third of companies in Spain foresees layoffs

Michelle D. Madsen September 18, 2021

One in three companies in Spain (32%) say that this year’s minimum wage increase of 1.6%, 15 euros per month, will result in layoffs of part of the workforce. In a survey conducted by Infojobs after learning of this agreement between the government and unions, 19% of companies predicted layoffs in response to an increase […]

Economy News

Delta mutation lowers consumer and business confidence

Jonathan Hobbs September 12, 2021

With the U.S. failing to contain the spread of the delta mutation of the new Covid-19, business and consumer confidence are rapidly declining. Due to fading expectations of a rapid economic recovery, companies are revising their business plans and adjusting their profit forecasts. The Financial Times (FT) reported on the 11th (local time) that the […]

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Adecco to acquire French company Qapa

Jonathan Hobbs September 7, 2021

Temporary employment giant Adecco announced on Tuesday that it had acquired French company Qapa for an initial sum of 65 million euros ($77million). As a result of the deal, the Zurich-based company is able to enhance its competitive position in the digital job market. Adecco estimates that the French market for fully digitized job offers […]

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U.S./ China Data Drives Shares in Asia Down Today

Billy Houghton August 9, 2021

U.S./ China data drives shares in Asia down today in early morning. This was due to the fact latest U.S. jobs report proceeded to fuel wagers that the U.S. Federal Reserve will start asset tapering earlier than anticipated Monday. Asia Shanghai Composite up 0.06percent as the Shenzhen Component ended up being down 0.30%. Inflation information […]

Economy News

U.S. employment up 950,000, wages rose

Jonathan Hobbs August 7, 2021

Although the Delta mutation of the highly contagious Covid-19 has spread throughout the country, the July employment trend showed solid growth for the U.S. economy. In addition, it confirmed that the economy is not so overheated that the Federal Reserve needs to advance its rate hike clock. A total of 943,000 new jobs were created […]

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Good Employment Data Pushes S&P and DOW Higher Today

Billy Houghton August 7, 2021

Good employment data pushes S&P and DOW higher today. It carried out a stronger-than-expected jobs report while investors shrugged down issues throughout the Delta variant surge. Nonfarm payrolls increased by 943,000 jobs thirty days that is final a work Department report revealed. Economists polled by Reuters had forecast payrolls would increase by 870,000 jobs. The

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Dollar Finds Safe Spot Near A Relative High Since Last Week

Billy Houghton June 29, 2021

As U.S. Employment Data is closely watched by investors for any hope that the Fed will ease up on its inflationary policy, the dollar quietly retained its position just out of reach of 2-month gains by the close of trade today. The USD Index was at 91.884 this morning in Asia after it receded from […]

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Fed to cut interest rate in November at earliest

Inflation: Weak employment numbers only fuel fears

A third of companies in Spain foresees layoffs

Delta mutation lowers consumer and business confidence

Adecco to acquire French company Qapa

U.S./ China Data Drives Shares in Asia Down Today

U.S. employment up 950,000, wages rose

Good Employment Data Pushes S&P and DOW Higher Today

Dollar Finds Safe Spot Near A Relative High Since Last Week

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