The U.S. Department of Labor reported that initial claims for unemployment benefits they fell from 787,000 to 712,000 in the week ending November 28. The data was lower than the 775,000 of the market consensus. Regarding the continued orders, these were reduced by 569,000 to 5,520,000 in the week of November 21, well below the […]
Tag: United States
US tightens visa rules for Chinese Communist Party members
The administration of Trump published new guidelines restricting travel to the United States by members of the Chinese Communist Party and his closest relatives, reported the New York Times, citing two people familiar with this matter. “The new policy went into effect immediately on Wednesday.” “A spokesperson for the State Department said in an emailed […]
T2 at El Prat airport is closed again due to lack of flights
The passenger operation of the airport of Barcelona concentrates again from this week on the terminal T1, just as it happened during the alarm state. The reason is the same: the lack of air traffic in facilities that, far from managing between 700 and 800 daily flights as they were used to at this time […]
Taking action is better than doing nothing for more relief
The United States Secretary of the Treasury, Steven Mnuchin, is answering questions before the House Financial Services Committee on the second day of his testimony on Capitol Hill. Featured statements: “I think we are following the law regarding the closure of the Federal Reserve programs.” “The reading of the law is authoritarian and we accept […]
New York ISM Index falls from 65.1 to 44.2
The New York ISM index fell in November from 65.1 to 44.2. The survey on business expectations in the New York region fell sharply on the resurgence of coronavirus cases. The ADP employment report for November was previously known, which showed figures below expectations, although an upward revision for October. On Friday the employment report […]
Mnuchin reviews bipartisan bill with direct payments, S&P 500 remains negative
While testifying before the United States Senate Committee on Banking, Housing and Urban Affairs on Tuesday, the United States Secretary of the Treasury, Steven Mnuchin, said he hopes to review the bipartisan aid proposal for COVID-19. At the beginning of the week, a group of U.S. senators from both parties proposed a $ 908 billion […]
ADP reports that the private sector created 307,000 jobs in November, less than the 410,000 expected
The US private sector increased worker payrolls by 307,000 in November as reported by ADP. The data was below the market consensus which was for a reading of 410,000. In October, 404,000 jobs had been added, a figure revised up from 365,000. November’s reading is the lowest in four months and is showing a slowdown. […]
Small businesses can’t wait two to three months for more help
The Secretary of the Treasury of the United States, Steven Mnuchin, is testifying before the United States Senate Committee on Banking, Housing and Urban Affairs. Featured statements: “Despite the progress in vaccines, small businesses can’t wait two to three months for more help“. “We urge Congress to make changes to the Paycheck Protection Program to […]
The Secretary of the Treasury urges Congress to provide another 300 billion dollars for the PPP
While testifying before the United States Congress on Tuesday, the United States Secretary of the Treasury, Steven Mnuchin, noted that his decision to not extending credit facilities to combat COVID from the Federal Reserve was not an economic decision. Mnuchin added that they are urging Congress to provide another $ 300 billion for the Paycheck […]
ISM Manufacturing falls more than expected in November to 57.5
The ISM report from the manufacturing sector showed a reading below expectations in the main indicator that went from 59.3 in October to 57.5 in November, below the 58.0 expected. The price paid index went from 65.5 to 65.4, higher than the expected 65.0, while the new orders indicator it fell from 67.9 to 65.1, […]
