Firms appear to be acting rationally to avoid rising import taxes in the new year. … READ MORE >
USA
Giving Tuesday results highlight important trends for nonprofit fundraisers
Giving Tuesday 2024 was a smashing success, accounting for an estimated $3.6 billion in donations from over 36 million people in the U.S. alone. … READ MORE >
Hiring rebounded in November following weather-distorted October report
After the distortions In October’s jobs report caused by two hurricanes, the American labor market bounced back in November with the creation of 227,000 jobs. … READ MORE >
5 things to know in life sciences: Week of December 2, 2024
Each week we highlight five things affecting the life sciences industry. Here’s the latest. … READ MORE >
Morning market minute: Will wage growth moderate?
A look at U.S. wage growth ahead of the November U.S. jobs report to be released today should translate to a gain of 3.9% on a year-ago basis. … READ MORE >
Initial jobless claims climb amid holiday volatility
First-time claims for unemployment benefits increased to 224,000 Last week, in line with the 13-week moving average of 226,000. … READ MORE >
Morning market minute: The mystery of rising long-term unemployment
But there a mystery amid today’s strong labor market: Longer-term unemployment of greater than 27 weeks is on the rise. … READ MORE >
ISM service sector survey: Solid expansion continues
With the labor market at full employment and wages growing above inflation, the American service sector is likely to outperform heading into the critical holiday shopping season. … READ MORE >
Morning market minute: Return of the term premium on Treasury notes
While the term premium is modest, given the changing policy matrix amid a strong economy, we expect yields in the new year to move to 4.5% with risk of a move to 5% or higher. … READ MORE >
October job openings surge as labor market shows resilience
Total job openings in October rose to 7.74 million from 7.37 million, the Bureau of Labor Statistics reported on Tuesday. … READ MORE >