The June jobs report should send a signal to the Fed that with inflation sitting at 2.6%, conditions are aligning for a rate cut in September. … READ MORE >
USA
Hurricane Beryl highlights the rising risks to U.S. oil and gas production
Climate change is producing larger and more frequent storms. Making supply chains and production more resilient is no longer an option but a necessity. … READ MORE >
Q1 earnings calls: Government contractors see global opportunities
During first-quarter earnings calls, executives of publicly traded federal government contractors discussed how their businesses are aligning their strategies and operations to serve high-stakes and global missions. … READ MORE >
Job openings rise as the labor market marches toward normalization
Labor demand remained strong in May, bolstering hirings during the month, the Bureau of Labor Statistics reported on Tuesday. … READ MORE >
Manufacturing sector weakens in June
As the Federal Reserve continues to hold rates at an elevated level, demand for manufacturing goods has been dampened for most of the year. … READ MORE >
June jobs report preview: Beveridge curve implies a balanced labor market as hiring cools
We think it will soon be time for the Fed to cut rates to avoid unnecessary damage to jobs and economic growth. … READ MORE >
5 things to know in life sciences: Week of June 24, 2024
Each week we highlight five things affecting the life sciences industry. Here’s the latest. … READ MORE >
Fed’s key inflation gauge continues to cool in May as income increases by 0.5%
The Federal Reserve’s preferred measure of inflation continued to ease in May as the personal consumption expenditures Index remained unchanged on the month and rose by 2.6% from a year ago. … READ MORE >
RSM US Manufacturing Outlook Index: Malaise continues in June
The best that can be said about manufacturing activity in five regional Federal Reserve banks is that it has moved more-or-less sideways over the past three months. … READ MORE >
Slower growth raises prospect of a Fed rate cut
Economic growth appeared much softer in the first five months of the year following the release of key economic data on Thursday. … READ MORE >