Jobs Data Threatens Outlook for Interest-Rate Increases
APR 6, 2015 - 7:19 am
Bloomberg reported that the dollar slid for a third week, capping the longest streak of losses in almost a year, as a report showing cracks in the U.S. labor market threatened the outlook for interest-rate increases.
Bloomberg noted that American companies added 126,000 jobs in March, almost half the 245,000 median estimate of 98 analysts surveyed by Bloomberg News.
Bloomberg said the Fed is weighing data for signs the U.S. economy can weather higher borrowing costs as global growth stalls.
In 2016, the New York State attorney general sued Northern Leasing Systems (NLS), its officers and outside counsel for allegedly conducting business in a “persistently fraudulent or illegal manner.” The action was prompted by complaints from more than 800 equipment... read more
Paul Fogle spent the first 23 years of his career in commercial real estate, working for a large bank and a Wall Street firm, with private investment banking firms, and as an independent broker and third-party originator. In 2012, Quality... read more