US Jobs Machine Continues To Hum

US Jobs Machine Continues To Hum

The Numbers: The U.S. added 263,000 new hires in April, easily beating Wall Street expectations of 190,000. The unemployment rate fell to 3.6% vs. 3.8% expected and the lowest since December 1969. More:  The U.S. jobs machine kept humming along in April, adding a...
First Quarter GDP Grew 3.2%

First Quarter GDP Grew 3.2%

The lede:   Reports of the demise of the U.S. economy proved unfounded as first-quarter activity showed surprising strength. The U.S. economy expanded at a 3.2% annual pace in the first three months of 2019, the government said Friday. The gain was well above...