The U.S. added 49,000 jobs in January and downward revisions to the prior two months subtracted an additional 159,000 from payrolls. Economists polled by The Wall Street Journal had expected a 55,000 gain. See: U.S. just gains 49,000 in January with labor market still under acute stress Below are some …
Read More » The numbers: The huge service side of the U.S. economy grew faster in January and companies added more workers, signaling better times ahead as the record surge in coronavirus cases receded. A survey of top business leaders at non-manufacturing companies such as restaurants, hospitals and banks rose to 58.7% from …
Read More »
Netflix Inc. has a lighter-than-usual crop of new releases scheduled for January 2021. Original offerings include Season 3 of “Cobra Kai” (date TBA), the “Karate Kid” sequel series starring William Zabka and Ralph Macchio that aired its first two seasons on YouTube; “History of Swear Words” (Jan. 5), an “education …
Read More »
Borrowers will get one more month of reprieve from their student loans. photo by robyn beck/Agence France-Presse/Getty Images Student loan borrowers will get at least one more month of reprieve. The Department of Education announced on Friday that Secretary of Education Betsy DeVos extended the coronavirus-era freeze on student loan …
Read More »
The numbers: Builders started construction on new homes in the U.S. at a pace of 1.57 million in January, the Commerce Department said Wednesday. This represented a 3.6% decrease from a revised 1.63 million in December, but was 21.4% higher than a year ago. Permitting activity, however, hit yet another …
Read More »