Hiring is expected to hit its highest level in 13 years during the third quarter
Despite some recent disappointing jobs numbers recently, companies in the third quarter are expected to hire at a pace not seen in 13 years, according to a survey Tuesday from ManpowerGroup.
Hiring by US businesses hits a record high
Hirings increased to 5.9 million in April, the highest level since the Labor Department started keeping track.
Markets can cheer: China appears to finally be addressing its US trade surplus
China will not allow the U.S. to interfere in its legislative process and economic policies, but it seems to be showing a readiness to keep its sales in American markets on a steep and steady downward path.
Auto loans hit record high, sending borrowers to the used market
People buying a new vehicle continue pushing the envelope, borrowing more and, on average, paying more each month for their auto loan.
Powell: Fed will act ‘as appropriate’ in face of trade, other risks
The Federal Reserve will respond “as appropriate” to the risks posed by a global trade war and other recent developments, Fed Chairman Jerome Powell said on Tuesday in remarks that seemed to open the door to the possibility of a rate cut.
Major automakers post U.S. higher May new vehicle sales
Major automakers on Monday reported better-than-expected U.S. new vehicle sales for May, posting the first monthly increase for 2019 as a strong economy and upbeat consumer sentiment boosted demand.
First-quarter economic growth up 3.1%, slightly better than Wall Street expected
The U.S. economy grew by 3.1% to start the year, slightly better than expected and providing some relief at a time when recession fears are accelerating, the Commerce Department reported Thursday.
Consumers are the most confident about their job prospects in nearly 2 decades
Data released by The Conference Board shows 47.2% of consumers polled in May thought jobs are “plentiful.”
Pennsylvania, Vermont and Wisconsin just set new lows for unemployment
At a time when the national unemployment rate is at its lowest in nearly half a century, three states have set all-time records.
US consumer sentiment surges to highest level in 15 years
Consumer sentiment rocketed to its highest level in 15 years in early May as Americans grew more upbeat on the health of the economy and its path in 2019, according to data released Friday