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Week ahead: Milken conference, US jobs, Fed Now that North and South Korean leaders have agreed to end the formal state of war that has existed for nearly seven decades, attention will shift to US monetary policy, Brexit talks and a confab of the world's business elite in California next week. Here's what to watch in the coming days.
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Deutsche Bank likely to axe 1000 US investment bank jobs: source The bank has already axed 400 U.S.-based employees this week - of which around three quarters worked in its trading business and the rest in corporate finance, according to a second source who is a senior U.S.-based Deutsche Bank official. "I can tell you that the people who make money here will ...
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Fed Meeting, US Jobs Data Headline Action-Packed Trading Week Financial markets are bracing for an action-packed trading week headlined by the Fed monetary policy announcement and April's US jobs data. US Dollar Forecast: US Dollar Soars to 3-Month High. Will the Fed Affirm the Rally? The US Dollar is looking to the FOMC policy announcement for affirmation ...
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Commentary: Who does trade protectionism protect? Not US jobs and not the supply chain But what the administration is not looking at is how these tariffs will affect the U.S. in the long run. While President Trump insists that the tariffs will reinforce national security and increase jobs for Americans, there seems to be limited thought around how a shift to American labor will affect the U.S.'s ability ...
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Rising costs, inflation on radar as US earnings season unfolds To be sure, estimated S&P 500 profit growth for the first quarter has risen since the start of the reporting period and is now on track to rise 24.6 percent, the strongest year-over-year growth since the fourth quarter of 2010, according to Thomson Reuters data. That is thanks largely to changes in the U.S. ...
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Air Force will move 140 Vandenberg jobs to a base in Colorado The U.S. Air Force on Thursday announced plans to move 140 jobs from Vandenberg Air Force Base to a facility in Colorado. The Joint Force Space Component jobs — which include 100 military and Department of Defense civilian positions along with additional contractor positions — will move from ...
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How Wall Street Bought Toys 'R' Us And Left 30000 People Without Jobs Reinhart, 58, was a full-time supervisor at a Toys 'R' Us store in Durham, North Carolina, until she was laid off when her store closed in early April. Because Toys 'R' Us didn't give her or her coworkers any severance, Reinhart is looking for a job and getting by on the wages her husband earns delivering ...
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US Attorney's job program gives convicts a second chance BUFFALO, N.Y. — For someone with a record, getting a job often proves to be difficult, but a new program started by the U.S. Attorney's Office hopes to change that. It's called the re-entry program and it allows probation officers to recommend recently released prisoners for job training. It started two years ...
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US Trade Rep Finds Movie Piracy Remains "Rampant" Around The World "America's film and television industry is one of the most highly competitive global industries, generating a positive trade surplus of $12.2 billion and supporting 2.1 million U.S. jobs here at home," he said. "And yet, American creators still face significant challenges in foreign markets protecting and ...
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US businesses raise pay at fastest pace in 11 years WASHINGTON (AP) — U.S. private-sector workers received the biggest pay raise in 11 years in the first three months of the year, a sign that the tight job market is slowly lifting wages. The Labor Department said Friday that its employment cost index shows wages and salaries in the private sector rose 1 ...
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