Sign In/Free Sign Up 0 EconomyFeb 07, 2020 04:13PM ET (Bloomberg) — U.S. consumer debt rose the most in five months in December, topping estimates as the amount of outstanding credit card and other revolving debt jumped by the most since 1998. Total credit climbed by […]
What Is a Coronavirus?
Our in-house Know-It-Alls answer questions about your interactions with technology. Q: What is a coronavirus? Coronaviruses are a family of hundreds of viruses that can cause fever, respiratory problems, and sometimes gastrointestinal symptoms too. The 2019 novel coronavirus, which is probably why you’re reading this right now, is one of […]
Oil Market: The Week Ahead
The coronavirus is continuing to grind down the oil market and despite a brief pickup in prices toward the end of the week, there isn’t a quick resolution in sight. There was much hopeful talk about a vaccination that could be soon available, but the Coalition for Epidemic Preparedness Innovations, […]
The Corn And Ethanol Report: February 07, 2020
Good Morning! We kickoff the first Friday of February with Unemployment with revisions going back to March 2019 that could see a negative impact according to some analyst but as Phil Flynn said after yesterday’s Jobless Claims I would not sweat it, the report comes out at 7:30 A.M. along […]
Canada adds more jobs than expected, March rate cut seen less likely
Economic IndicatorsFeb 07, 2020 12:39PM ET (C) Reuters. A “Help wanted” sign is seen in the window of a bakery in Ottawa By David Ljunggren OTTAWA (Reuters) – Canada added more than twice the number of jobs than expected in January, the latest indication that the economy could be strong […]
The Phil Flynn Energy Report: February 07, 2020
Oil prices can’t shake the coronavirus. Oil prices are weaker even after OPEC got Russia to finally agree to a production cut. Reuters reported that “Russia supports a recommendation to deepen OPEC+ global oil supply curbs to compensate for a drop in demand caused by the coronavirus, Foreign Minister Sergei […]
Rise in U.S. Labor-Force Participation Led by Millennial Women
Economic IndicatorsFeb 07, 2020 12:33PM ET (C) Reuters. Rise in U.S. Labor-Force Participation Led by Millennial Women (Bloomberg) — The share of Americans in the labor force is the highest in nearly seven years — and the trend is led by younger women. The overall U.S. labor-force participation rate climbed […]
Euro zone getting ready to spend more to boost flagging economy: sources
By Francesco Guarascio BRUSSELS (Reuters) – Euro zone finance ministers are set to agree this month a more growth-friendly fiscal policy, three EU officials said on Friday, a change from current targets that would pave the way for more spending in Germany amid fears of a downturn. Repeated attempts to […]
Jobs Report Shows U.S. Economy Still Solid as Virus Fears Spread
(C) Reuters. By Geoffrey Smith Investing.com — The U.S. economy stayed in robust health in January, with no visible impact from the Chinese coronavirus outbreak, but the figures weren’t enough to give any further momentum to markets that had already rallied sharply earlier in the week. The Bureau of Labor […]
Breaking: U.S. Jan. Nonfarm Payrolls Up 225k vs 160k Seen; Jobless Rate 3.6%
Sign In/Free Sign Up 0 Economic IndicatorsFeb 07, 2020 09:13AM ET (C) Reuters. By Peter Nurse Investing.com – The U.S. economy continued to do a good job with job creation in January, while annual wage growth also accelerated. Nonfarm payrolls for the month rose by 225,000, […]