Mike McKee
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A big drop again in jobless claims, 198,000.
Last week's 208 has been revised down by 1,000 to 207,000.
Speaking of employment, a big drop again in jobless claims, 198,000.
Last week's 208 has been revised down by 1,000 to 207,000.
The index for final demand, less foods, energy and trade services up two tenths of a percent in November and for the year up three and a half percent.
That is the largest 12 month increase since rising three and a half percent in March.
Bloomberg's Mike McKee reports investors are still pricing in almost no chance of a rate cut this month.
Most measures beat estimates that included trading revenue because there's been so much volume in the markets.
The company also topped estimates for managed net interest income, which is one of those key measures that Wall Street looks at.
ADP is out with its monthly estimate of jobs created in the month of December.
41,000, they say.
Annual pay up 4.4%.
The change in private employment, of course, is 41,000.
They don't measure what's happening with government.