Washington. The private sector in the United States created 143 thousand jobs in September, a figure above expectations and higher than the 103 thousand in August, which breaks a sequence of five consecutive months of slowdown, the consulting firm ADP showed. The survey confirms that the majority of employment growth was due to the services … Read more
Raleigh. Treasury Secretary Janet Yellen said Thursday that the United States continues to have a “healthy labor market,” even though the pace of job creation has slowed in recent months. Yellen told reporters in North Carolina that July’s unemployment rate of 4.3 percent, a three-year high, remains very low by historical standards. Labor Department jobs … Read more
Finance For the US Treasury Secretary, the latest data on US employment, much better than expected, and the average increase in wages in 2023 confirm the good health of the US economy: “American workers are making careers and progress is middle-income families are very evident” 2′ reading For US Treasury Secretary Janet Yellen, the US … Read more
“House Republicans’ failure to act responsibly would harm American families and cause economic hardship that could undermine the progress we are making,” Yellen said. “A shutdown would affect many key government functions, from lending to farmers and small businesses to food and labor safety inspections to Head Start programs for children. And it could delay … Read more
“While these changes will make significant progress towards aligning the size of issuance with medium- and long-term borrowing needs, it is likely that further gradual increases will be required in the coming quarters,” the ministry said in a statement. US bonds are threatened with the approach of halting interest rate increases Part of that deterioration … Read more
China’s sudden announcement that it will impose export controls on certain gallium and germanium products from August 1st has caused companies to scramble to secure their supplies, resulting in price increases. Analysts have pointed out that this measure was announced on the eve of the American Independence Day and ahead of Yellen’s visit to Beijing … Read more
The United States seeks sound economic relations with China that promote growth and innovation in both countries. The Joe Biden government also wants to cooperate on pressing global issues such as climate change and debt relief” for developing countries. US Treasury Secretary Janet Yellen will visit China from Thursday to Sunday, where she will meet … Read more
European stock indices rise at the close of trading today, with renewed optimism about the US debt ceiling negotiations, and the European market recording losses this week. European stocks rose with renewed negotiations on the US debt ceiling European stock indices rose at the close of trading today, Friday, in light of renewed optimism about … Read more
The crisis of expectations of American default on debt repayment worsens as payment deadlines approach, so an American source reveals that Joe Biden is preparing to strike a deal with the Republican bloc in Congress to put an end to the crisis. The US President, Joe Biden, had held Congress responsible for resolving the crisis, … Read more
The debt ceiling is another hurdle “There is little conviction on either side as the market continues to digest earnings reports, a slew of economic data, and finger pointing in Washington regarding debt ceiling discussions. For Chris Larkin of Morgan Stanley’s E*Trade, it’s fair to ask whether the drop in stock volatility indicates the market … Read more