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Private sector adds 122,000 jobs in December, below expectations, ADP says

Art Laffer, co-author of “The Trump Economic Miracle,” discusses “Kudlow” about President-elect Donald Trump's plan to clean up the government. Payroll company ADP said Wednesday that private sector companies added 122,000 jobs in December. The figure was lower than the 140,000 expected by economists and also lower than the 146,000 reported in the previous month. […]

Gold price moves away from multi-week high on hawkish Fed expectations – FXStreet

Gold prices fell for the second day in a row on Monday, but the downside appears to be limited. The Fed's hawkish signals continue to support and put some pressure on US Treasury yields. Geopolitical risks and trade war concerns may continue to support the safe-haven XAU/USD. Gold prices (XAU/USD) failed to capitalize on Monday's […]

Speaker Johnson faces year of tight votes and acrimony: ‘A lot of expectations’

The high-stakes battle for control of the House is over, but Speaker Mike Johnson's politically dangerous year is just beginning. Winning the speaker's gavel would be easy, given that Johnson, R-La., had no Democratic support and could only lose one Republican thanks to the razor-thin House Republican majority. It's not a thing. On Friday afternoon, […]

Mets’ Juan Soto win shows they’re ‘ready for’ expectations

Todd Zale plays Santa Claus and Reed Garrett, dressed in green and red velvet, plays the helpful elf at Citi Field, where the Mets host more than 125 Queens students for their annual kids' holiday party. He was next to Santa Claus. Of course, Steve and Alex Cohen already did their best Santa impressions this […]

Inflation rises 2.7% in November, in line with expectations

In an exclusive interview with FOX Business' Edward Lawrence, San Francisco Fed President Mary Daley spoke about the upcoming interest rate decisions that will keep the economy in good shape and the potential impact of a second Trump administration. Inflation rises again in November as prices remain high for consumers, giving Fed policymakers new data […]

US economy added 227K jobs in November, above expectations

Jamie Cox, managing director at Harris Financial Group, analyzes the post-Thanksgiving market, retail, employment sectors, and Bitcoin's rally. After a lackluster October jobs report reflected labor disruptions from hurricanes and union strikes, U.S. job growth rebounded in November with strong pay increases. The Labor Department reported Friday that employers added 227,000 jobs in November, exceeding […]

U.S. Trade Deficit Narrows Sharply in October, Exceeding Expectations

The U.S. trade deficit narrowed significantly in October, falling 11.9% to $73.8 billion, according to data released Thursday by the Commerce Department. This was a much smaller deficit than expected, as economists had expected a deficit of $75.4 billion. The trade gap for September has been revised downward to $83.7 billion from the original estimate […]

Private sector adds 146,000 jobs in November, below expectations, ADP says

Meredith Whitney Advisory Group CEO explains the current state of the stock market in “Craman Countdown.'' Payroll company ADP said Wednesday that private sector companies added 146,000 jobs in November. This figure is lower than the 150,000 jobs expected by economists and well below last month's revised figure of 184,000. “Overall growth was strong for […]