Slow and steady wage gains frame October jobs report
The October employment snapshot shows 161000 new jobs and a 4.9% unemployment rate while average hourly pay rose to 25.92 dollars, the strongest 12 month pay gain in seven years. The data hint at inflation risks and reinforce expectations for a December Fed rate rise despite a shared sense of workers still feeling left behind.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
Ing
Jed Kolko
Busi
Fed
U.S
Chris Williamson
IHS Markit
Market slumps for ninth straight day on election jitters
The Dow fell 42.39 to 17888.28 while the S&P 500 slipped 3.48 to 2085.18 and the Nasdaq lost 12.04 to 5046.37 marking a nine day decline the longest since 1980. Investors blame the approaching election and uncertainty over Donald Trump policy. The VIX surged about 40 percent as traders sheltered in bonds and gold.
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New York
Wall Street
U.S
Standard & Poor
Ronald Reagan
Howard Silverblatt
S&p
Donald Trump
Hillary Clinton
Trump
Clinton
Michael Scanlon
Manulife Asset Management
Vail
Britain
European Union
Joshua Mahony
Scanlon
Dow Industrials
Dow Transportation
Dow Utilities
NYSE
Nasdaq
Wilshire
Russell
Chgathg
AK Steel
Keycorp
Lowes
At&t Inc
Activs Bliz
MDC Prgs
Marathno
Apple Inc
Microsoft
ArcelorMit
BkofAm
AegiSources
NobleCorp
Bob Evans
Nordson
BredeCm
Northrapg
PNG
Fe Cedarf
Cemex
ParkerHan
ChtryLink
Penney
Petrobras
Cisco
Pfizer
Corning PolyOne Csvellvst
Darden
Diebold Ag
CineEquity
RegionsEn
Dgmbi S
S&psodetf
Idxgbulls
Sparogex
Smucker
FireEye We
SwitnEngy
FirstEngy
Hlth
Fitbit 1A Wi
SP Engy
Fordm
Spdr Fire! AG
Frotocht
Starbucks S
FrontierCm
Symantec
GenElec
Transcen
GoPro Fe We
Twitter
HomeDp
US Steel
HuntBnesh
Vale SA
iShBrazil
Vanegold
iShapan AB
WalMart
iShChina LC
Weathtint
Ishemkis
HB WellsFargo
Ease
Wendys Co
Eishr2k
WhitingPet
Intel
Whole
Invacare
NYMX
CME
Chicago Board of Trade
Chicago Mercantile
New York Mercantile Exchange
Exchange
ICE
Intercontinental Exchange
Mutua Funds
AmBalAm
FunnyAm
American Funds
CpWidGrlAm
Grthama m
InvCoAmAm
Wamutinva
New Persoa m
Dodge & Cox Income
Dodge & Cox IntlStk
Dodge & Cox Stock
Fidelity
Frank Temp-Franklin
Harbor
West TilRetBoll
PIMCO
Rowe Price
Vanguard
Vanguard Diver
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Vanguard InstPlus
HBA
Vanguard IntlStkidxAdm
Intlstkidxipis
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Vanguard WellslAdm
Vanguard WellinAdm
Nat Mest
The
Associated Press
Wells Fargo SEC inquiry expands as fines rise and CEO changes
Wells Fargo confirms SEC is probing its sales practices amid a rising legal reserve now 1.7 billion dollars. Regulators and class actions mount after accounts were opened without customer consent to hit lofty sales targets. over 5,000 employees were let go. John Stumpf retires. Tim Sloan named CEO to repair image.
MENTIONED IN THIS ARTICLE
John Stumpf
Tim Sloan
Samsung recalls washing machines over injury risk in US
U.S. authorities announce a recall of nearly 3 million Samsung washing machines after reports of injuries including a broken jaw from excessive vibration. The recall follows Samsung’s Galaxy Note 7 smartphone pullout and a $5.3 billion cost, with models in Canada also covered and no Canadian injuries reported.
MENTIONED IN THIS ARTICLE
San Francisco
U.S
Samsung
Canada
Bank executive jailed four years for fraud in New York
Andrew Caspersen, former PJT Partners executive, was sentenced by Judge Jed Rakoff to four years in prison after pleading guilty to securities and wire fraud. Prosecutors said he defrauded investors of over 38 million dollars through sham private equity investments and faked financiers and emails.
MENTIONED IN THIS ARTICLE
New York
Manhattan
Jed Rakoff
Andrew Caspersen
Caspersen
Finn M.W. Caspersen
Beneficial Corp
PJT Partners Inc
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Department of Citywide Administrative Services
SEC
Wells Fargo
Securities and Exchange Commission
Wells
the Market IN Review
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CaraThera
Invusion
Sirusxm
Hortonwks
AspenAero
PTC Thera
Libglisa
Libglic
Immersach
Albireo
Ambey
Ducomun
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