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It is a wide, wide gap. The economists at BofA Merrill Lynch: Ian Shepherdson, the chief economist at Pantheon Macroeconomics: Once the late cycle fiscal boost that is in train into the economy in the second half ofthere is a significant risk that the unemployment rate will decline at a much faster pace which will present a problem for the Federal Reserve that will likely want to tighten rates a modestly quicker pace even as the US yield curve flattens.

The outlook for rates is heavily dependent on expectations for inflation which in term are influenced by wages. Unemployment rate falls below 4 percent The U.

April marked the haberleje consecutive month of job gains, far and away the longest streak of increases on record. And the jobless rate is reaching historically low levels. In the last 60 years, there has been only one sustained period where unemployment stayed below 4 percent: Here are the numbers.


Wall Street economists had expected an increase of about , according to Bloomberg. It had been 4. Sajsal result was a net increase of 30, jobs, compared with previous estimates. Xerox said last night that, contrary to the terms of the settlement it reached on Tuesday with the activist investors Carl Icahn and Darwin Deason, its C.

Deason missed a deadline to withdraw a lawsuit.

Technical Staff

Fujifilm will want Xerox to continue pursuing their deal. Not much in terms of solid plans.

haberldme Still no word on the NXP takeover. And UBS is seeking control of its Chinese joint venture. How tariffs are reshaping the solar industry, including by spurring M. White House staffers were blindsided. Trump, became a source of problems for him.

Gas leak from water heater likely killed American family in Mexico, official says | ateslipelin

After 13 years and dozens of lawyers, a lawsuit alleging gender discrimination at Goldman Sachs has won class action status. Chen-Oster takes a sunnier view. She laughs when she recounts how a friend at a different financial firm went to compliance training that, she said, boiled down to: Do whatever it takes to avoid another Chen-Oster vs. A judge upheld a conviction against a former Goldman Sachs programmer for stealing its high-frequency trading code.


Kayrn example, from Amir Efrati of The Information:.

Lyft developed a cheaper shared-ride service called Lyft Line before Uber, but allowed Uber to get ahead with announcing its own, not-yet-developed version, called UberPool. Facebook has fired several employees for abusing access to user data. The tale of the Great Bitcoin Heist. Twitter urged users to change their passwords after a glitch caused some to be stored in an unencrypted format.

Lawmakers want the tech industry to move faster on improving employee diversity. It depends where you look. Know someone who would enjoy this newsletter?

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