US adds 353K jobs in January, soaring past expectations
The U.S. economy added 353,000 jobs in January, pushing the unemployment rate to 3.7%, according to data released Friday by the Labor Department. January’s employment report far exceeded the Wall Street Journal’s forecast of an increase in jobs of 185,000 jobs and an unemployment rate of 3.8%. “The labor market is a small driver of […]
A.J. Hinch Talks Tigers Expectations, Offseason
The offseason for the Mets and Yankees leaves a lot to be desired, especially the Mets. Has winter ended for both teams? Is this essentially the roster they bring to spring training? What else do I need to do? Joel Sherman and Jon Heyman break down the New York baseball team’s somewhat lackluster winter on […]
Jim Harbaugh sets his Chargers expectations in first message to franchise
Jim Harbaugh may not be announced as the Chargers’ new head coach until later this week, but he already had a message for fans heading into next season. In a stylized video that combines footage from Harbaugh’s time as a player with the Chargers with recent action clips from his current team, the popular head […]
Wall Street bonuses fall short of already-low expectations
Few on Wall Street were optimistic about this year's bonus season, but many were still disappointed by the stingy payouts. According to Wall Street meme master Liquidity, the consensus among most junior bankers is that most of them are facing another “bad game” year. Finance-focused social media accounts have been bombarded with junior bankers complaining […]
US fourth quarter GDP beats expectations and recession odds
Personal consumption boosted growth in the fourth quarter. (iStock) US Gross Domestic Product (GDP) 4th quarter The U.S. Bureau of Economic Analysis (BEA) said forecasts for 2023 were better than expected, pushing predictions of a recession further out. Real GDP grew at an annual rate of 3.3% in the October-December period, after increasing 4.9% in […]
Economic growth crushes expectations to close out strong 2023
The U.S. economy grew 2.5% in 2023, ending the year with slow but surprisingly strong growth despite widespread fears of a recession. U.S. gross domestic product (GDP) grew at an annualized rate of 3.3% in the fourth quarter of 2023, according to data released Thursday by the U.S. Bureau of Economic Analysis (BEA). Consensus forecasts […]
Biden’s Democratic challengers seek to beat expectations in New Hampshire
President Biden's Democratic primary challengers are hoping for a symbolic victory in New Hampshire on Tuesday, looking for long-term momentum for the nomination. Challengers Marianne Williamson and Rep. Dean Phillips (D-Minn.) have been focused on campaigning in the state for months, with Biden not officially on the ballot. He is likely to have the best […]
DeSantis surrogate says ‘we never had high expectations’ for New Hampshire, ‘real fight’ in South Carolina
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Gotham FC not shying away from lofty expectations
In the background of the podium erected to welcome the new members of Gotham FC was the addition of a star to the team's crest, symbolizing the team's first National Women's Soccer League championship in 2023. . The Rainbow Room's windows offered panoramic views of midtown Manhattan on a snowglobe-filled Friday morning, and a slick […]
Housing Starts Beat Expectations, Single Family Permits Rise for 11th Straight Month
Home builders broke ground on new projects at a faster-than-expected pace in December and set plans for future construction, but this puts them on an economic footing that may be too strong to justify interest rate cuts earlier this year in 2023. It's the latest sign that the year is over. Housing starts, a broad […]