Aug 04
The Federal Open Market Committee (FOMC) is once
again expected to leave rates where they are as it continues to assess
the extent of recent signs of weakness in the U.S. economy.
Aug 04
According to a report from Challenger, Gray & Christmas,
planned job cuts rose by 21,557 in July to 103,312, but
that figure is still up 140.8% compared to a year ago. In June, planned
job cuts fell 21,767 to 81,755.
Aug 04
Economists say the personal income and spending
report from the U.S. Department of Commerce posted higher-than-
anticipated results for June due to downward revisions to the prior two
months. Rising inflation adds to the hawkish viewpoint at the Fed, though
it remains universally expected that the Fed will hold rates on
Tuesday.