Report ranks best, worst states for finding jobs

video Pullback ‘double whammy’ on jobs, debt will create economic ‘storm’: Brenberg Fox News contributor and The King’s College economics professor Brian Brenberg reacts to November’s ADP report. WalletHub on Wednesday put out a report ranking how the 50 states stack up to find jobs. The personal finance website’s 2022 "Best & Worst States for Jobs" report named Washington as […]

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European Economics Preview: UK Nationwide House Prices Data Due

House prices from the UK and final factory Purchasing Managers’ survey results from the UK and other major euro area economies are the top economic news due on Thursday. At 2.00 am ET, UK Nationwide house price data is due. House price inflation is seen easing to 5.8 percent in November from 7.2 percent in October. In the meantime, Germany’s […]

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Powell Says Slower Pace Of Rate Hikes Could Come As Soon As December

Remarks by Federal Reserve Chair Jerome Powell on Wednesday provided further evidence the central bank plans to slow its aggressive pace of interest rate hikes as soon as next month. Powell noted during a speech at a hybrid Brookings Institution event that the full effects of the Fed’s rapid rate increases have yet to be felt. “Thus, it makes sense […]

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Eurozone Inflation Eases For First Time Since Mid-2021

Eurozone inflation moderated for the first since the middle of 2021 driven by a marked slowdown in energy price growth, however the European Central Bank is expected to deliver another interest rate hike next month given the sticky core inflation. Inflation slowed more-than-expected to 10.0 percent in November from 10.6 percent in October, flash estimate from Eurostat showed Wednesday. Inflation […]

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Job, debt 'double whammy' brewing 'storm' for early 2023: Economics professor

video Pullback ‘double whammy’ on jobs, debt will create economic ‘storm’: Brian Brenberg Fox News contributor and The King’s College economics professor Brian Brenberg reacts to November’s ADP report. After November private payroll job growth came in much lower than expected Wednesday morning, Fox News contributor and The King’s College economics professor Brian Brenberg warned the latest ADP report could […]

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UK Mortgage Approvals At 28-Month Low

UK mortgage approvals declined to a 28-month low in October as rising interest rates started to hurt housing market activity, official data revealed on Tuesday. Approvals for house purchases, an indicator of future borrowing, declined more-than-expected to 58,977 in October from 65,967 in September, the Bank of England data showed. The expected level was 60,200 and reached the lowest since […]

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German Ifo Business Confidence Highest In 3 Months

Germany’s business confidence improved more-than-expected in November to reach its highest level in three months from a twenty-nine month low in October, as companies’ pessimism regarding the coming months reduced sharply, survey results from the ifo Institute showed on Thursday. The business confidence index rose to 86.3 in November from 84.5 in October, the Munich-based ifo said. The index was […]

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