Noticias Financieras – UP2DATE News de Advise Financial
26 de April de 2024
Noticias Financieras – UP2DATE News de Advise Financial
2 de May de 2024
In UP2DATE News you will find the main Financial and Economic News for the week to May, 02, 2024
Fed keeps rates unchanged
Fed holds rates steady at 23-year high, signaling future pause but not cuts as inflation remains high. Chairman Powell hints next move likely won't be a hike.
Source: Yahoo Finance
Households in poverty?
29% of households struggle to cover basic needs: according to one expert, they are 'one step away from falling into poverty.
Source: CNBC
Productivity in the US declines sharply in the first quarter.
Labor productivity growth slowed sharply in the first quarter, leading to increased labor costs, although the trend in productivity remained strong.
Source: Yahoo Finances
U.S. labor costs rise at fastest pace in a year as productivity cools
In the first quarter, U.S. labor costs rose at the fastest pace in a year as productivity gains slowed, which could raise risks that inflation remains elevated.
Source: Bloomberg
U.S. consumer confidence worsens in April.
The Conference Board's consumer confidence index fell to 97.0, its lowest level since July 2022, from a downwardly revised 103.1 in March. Economists surveyed expected it to remain at 104.0.
Source: CNBC
The employment situation in the United States remains tight; productivity decreases in the first quarter.
US jobless claims held steady at a low level last week, signaling a tight labor market that will support the economy in the second quarter.
Source: Yahoo Finance
Note: does not represent advice or offer of services, only for educational purposes.
Founder & CEO Advise Financial
Alonso is a “CERTIFIED FINANCIAL PLANNER™” who is dedicated to increasing the Financial Well-being of nurses, physicians and successful immigrants in Florida and Texas. With more than 20 years of experience in the world of finance, always working for the best interest of his clients, under fiduciary criteria.
