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Tag: sector

ADP Says Private Sector Job Growth Slowed In December

Private sector employment cooled more than expected in December, with wage growth slowing to its slowest pace in more than three years, according to a report released Wednesday by payroll firm ADP. Employers added a seasonally adjusted 122,000 jobs last month, down from 146,000 in November and well below the 134,000 expected by economists polled […]

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. […]

U.S. Services Sector Expands as Trump 2.0 Economic Optimism Grows

The U.S. services sector posted stronger-than-expected growth in December, suggesting the economy could accelerate as companies look to the incoming Trump administration's pro-growth policies. The Institute for Supply Management (ISM) released a purchasing managers index for the services sector of 54.1, up from 52.1 in November and above economists' expectations of 53.4. Readings above 50 […]

What could happen to gas prices if Biden issues new sanctions against Russian energy sector?

New sanctions on Russia's energy sector could temporarily increase gas prices and change oil export patterns, according to experts who analyzed the global impact of previous sanctions on Russia's fossil fuels. . President Joe Biden is considering imposing new sanctions on Russian energy before leaving office, The Washington Post reported, citing four people familiar with […]

Congress approves changes to Social Security for some public sector workers – USA TODAY

WASHINGTON – Congress passed a bill early Saturday morning that would increase Social Security benefits for public sector workers. The Social Security Equity Act would eliminate the Windfall Elimination Provision (WEP) and the Government Pension Offset Provision (GPO), which reduce Social Security benefits for certain retirees who also receive pension income. Together, WEP and GPO […]

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 […]

Is the iShares Expanded Tech Sector ETF a Millionaire Maker? – The Motley Fool

In theory, almost any investment has the potential to make you a millionaire, but most investments don't get you there. But technology stocks have a long history of delivering impressive returns. of iShares Extended Tech Sector ETF (IGM -1.05%) At the very least, it has an interesting investment focus that suggests very profitable potential. But […]