The August jobs report came in weaker than expected, and employment growth by different industries showed a mixed bag for the U.S. economy.The growth was led by leisure and hospitality and health care and social assistance, with each category adding more than 40,000 jobs, according to data from the Bureau of Labor Statistics.If private education is included with the health-care group, as some economists do, that category would have grown by 47,000 jobs.Elsewhere in the report, related categories of jobs saw conflicting data. Construction was a bright spot, growing by 34,000 jobs, but manufacturing shed 24,000 jobs. Professional and business…
Author: usaeverydaylife
A for sale sign is displayed outside of a home for sale on August 16, 2024 in Los Angeles, California. United States real estate industry rules governing agent commissions will change on August 17 as part of a legal settlement between the National Association of Realtors and home sellers. (Photo by Patrick T. Fallon / AFP) (Photo by PATRICK T. FALLON/AFP via Getty Images)Patrick T. Fallon | Afp | Getty ImagesThe supply of homes for sale is still low by historical standards, but it is rising quickly.Nationwide, active listings in August were up 36% compared with the same month last…
Patrick Mahomes and Travis Kelce of the Kansas City Chiefs celebrate a victory in 2022.David Eulitt | GettyThe NFL team that has won three of the last five Super Bowls is worth less than the organizations with the two longest playoff droughts in the league.The Kansas City Chiefs, the NFL’s current dynasty, are only the 18th most valuable team in the league at $6.07 billion, according to CNBC’s Official 2024 NFL Team Valuations.That puts the franchise well below the $7.35 billion New York Jets, who have not made the playoffs since the 2010 season, and a few slots behind the…
Christopher Waller, governor of the US Federal Reserve, during a Fed Listens event in Washington, DC, US, on Friday, March 22, 2024. A trio of central bank decisions this week sent a clear message to markets that officials are preparing to loosen monetary policy, reigniting investor appetite for risk.Bloomberg | Bloomberg | Getty ImagesFederal Reserve Governor Christopher Waller on Friday backed an interest rate cut at the upcoming central bank policy meeting in less than two weeks, and indicated he’d be open to a substantial reduction if necessary.”Considering the achieved and continuing progress on inflation and moderation in the labor…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailTim Seymour, CIO at Seymour Asset Management, Dan Nathan, principal at Risk Reversal Advisors, and Steve Grasso, CEO at Grasso Global, join ‘Fast Money’ to discuss what the August jobs report suggests about the economy, their expectations for the Fed, and more. Source link
Fall is nearly here, and that means it’s time to schedule the vaccinations that will help bolster your immune system and better protect yourself against some of the most popular respiratory illnesses. This summer, we saw a surge in Covid cases, that started in early June. And health experts predict that flu season could start early this year, too.”For everyone aged six months and above, the recommendation is to get both a Covid and a flu booster,” Dr. Jen Brull, president-elect of the American Academy of Family Physicians, tells CNBC Make It.The “flu [shot] is widely available. Covid was approved,…
DALLAS — After he’s revved the room and made his pitch, Troy Aikman walks to the back and starts tending bar. “What can I get ya?” he asks, flashing that famous half-smile over and over, probably because he knows the only beer on tap is his.It’s a Monday afternoon, late summer, just north of Dallas. Inside the events room at Andrews Distributing, employees of the biggest beer distributor in Texas are not merely allowed to enjoy a cold one at the end of the workday; they’re encouraged. Aikman, the Dallas Cowboys icon, Hall of Famer and “Monday Night Football” analyst,…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailFast MoneyFrancisco Blanch, BofA Securities head of commodities and derivatives research, joins ‘Fast Money’ to discuss BoA’s cut on Brent crude oil.04:363 hours ago Source link
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Stocks keep sliding: September is proving to be the rough month we thought it would be. A bruising first week of trading continued Friday after the weaker-than-expected August jobs report kept alive questions about the health of the U.S. economy. The S & P 500 is down about 1.7% Friday and on pace for its fourth consecutive day of declines. Still, it’s worth keeping in mind that the index is still…
ANN ARBOR, Mich. — Texas and Michigan have met only once, a game known as Vince Young’s second most famous Rose Bowl performance.Michigan fans are haunted by memories of the Texas quarterback weaving through the Wolverines’ defense for 192 rushing yards and four touchdowns in the 2005 Rose Bowl, a 38-37 thriller won by the Longhorns on a field goal in the final seconds. Young returned to that end zone in Pasadena the following season with an iconic touchdown run that lifted Texas over USC and gave Mack Brown his only national championship.In the years that followed, Michigan and Texas…
