China’s trade surplus widens as exports jump 10.7% in December, sparking tariff concerns and market volatility….Read More
Tag: Economics
U.S. Job Cuts Hit 4-Year High as Layoffs Surge Across Key Sectors in 2024
Notably, government job cuts surged to 38,375 for 2024, a staggering 1520.6% increase due to military reductions. Transportation and industrial manufacturing cuts also rose sharply, reflecting sectoral shifts tied to…
Michigan Consumer Sentiment Drops To 73.2; SP500 Tests Session Lows
Year-ahead inflation expectations increased from 2.8% in December to 3.3% in January….Read More
December Jobs Boom: 256K Added as Unemployment Holds at 4.1%, Wage Growth Steady
Government employment continued its upward trend, adding 33,000 jobs in December, bolstered by state government hiring (+10,000). However, the sector’s monthly average growth of 37,000 jobs in 2024 trailed the…