Tag Archives: first

ADP Reports Overall Job Losses at Small Businesses for First Time This Year

Small businesses are seeing overall job losses for the first time this year, but the news is not all bad. September 2017 ADP Small Business Report According to the September 2017 ADP Small Business Report small businesses lost 7,000 jobs overall last month. This is the first month this year that ADP (NASDAQ:ADP) is reporting job losses rather than large job gains at ... Read More »

U.S. economy loses 33,000 jobs after hurricanes, first decline in seven years. But unemployment falls to 4.2 percent

Widespread flooding caused by Hurricane Harvey in La Grange, Tex. (Ralph Barrera/Austin American-Statesman/AP) The U.S. economy lost 33,000 jobs in the aftermath of Hurricanes Harvey and Irma last month, the first decline since September 2010. The unemployment rate declined slightly to 4.2 percent, the lowest since February 2001. Analysts had been expecting job growth to slump in September after the one-two punch ... Read More »

Top 9 hot stocks which fund managers bought for the first time in August

Retail investors are not leaving any opportunity to miss out on the big bull market which India is witnessing and this is now started reflecting in the massive flows which pushed asset under management (AUM) to a record high of Rs 20 lakh crore last month. The total category wise AUM of the mutual fund industry increased by 3.1 percent ... Read More »

Canadian investment guru Prem Watsa to launch first Invest India Conference

Indo-Canadian investment guru Prem Watsa, considered the Canadian equivalent of legendary American investor Warren Buffett, is launching a new initiative this week to bring a sense of urgency to economic ties between India and Canada. The chairman and CEO of the Toronto-based Fairfax Financial Holdings Ltd is the prime mover behind the inaugural Invest India Conference scheduled for September 8. ... Read More »

Should You Invest in the Snapchat IPO? Read This First

Whether you’re obsessed with keeping your Snapstreaks going or have no idea what that means, you may be itching to invest in this week’s initial public offering of Snap Inc., parent company of the popular Snapchat app. The appeal is understandable. For users of the app, owning shares of a company you use every day (or hour) can seem like a ... Read More »

U.S. first quarter economic growth revised up on jump in consumer spending

The U.S. economy slowed less than feared in the first quarter due largely to a jump in consumer spending, providing a slightly more encouraging outlook for growth this year. Gross domestic product increased at a 1.4 percent annual rate instead of the 1.2 percent reported last month, the Commerce Department said in its final assessment for the period on Thursday. ... Read More »

Top 14 stocks which some MFs added for the first in the month of May

Indian market rallied as much as 17 percent so far in the year 2017 led by consistent infusion of funds by mutual funds (MFs) even as foreign portfolio investors (FPIs) slowed down their buying. The domestic mutual funds pumped in over Rs 20,000 crore in the stock market during April-May, said a PTI report. The flows were largely concentrated around ... Read More »

Fed is expected to ignore the fact that the economy barely grew in the first quarter

The Federal Reserve is expected to signal that it sees the paltry economic growth in the first quarter as a temporary phenomenon that will not get in the way of its plans to raise interest rates. The Fed has forecast two more interest rates hikes for this year, and the market thinks odds are greater than 50 percent that the ... Read More »

Never Finance Your First Motorcycle

You’ve done your research. You’ve test-ridden all sorts of motorcycles. You know what you want. So now you’re checking your credit score and seeing what kind of interest rate you can start making payments on your first bike. Great idea, right? Not at all, actually. We’ve posted a lot of stories here aimed at new and aspiring riders, and while ... Read More »

Singapore self-driving taxi has first ‘prang’

A self-driving taxi being trialled in Singapore has had its first accident. nuTonomy, the firm behind the scheme, said the car had clipped a small lorry while driving at about four miles per hour. It played down the incident as a “small prang”, saying only minor damage was caused and that neither of the two engineers on board were hurt. ... Read More »