The U.S. added a robust 379,000 jobs in February and the economy is primed to take off, but improved growth prospects might come with a cost in the short run. In a word, inflation. Make no mistake, inflation is still very low right now and it has been for the …
Read More »Earnings Outlook: Beyond Meat earnings preview: Competition and pricing could take a toll on margins
Beyond Meat continues to launch new products and expand distribution, but faces competition. Beyond Meat Beyond Meat Inc. BYND, -0.11% is scheduled to report third-quarter earnings on Monday amid a competitive landscape that seems to grow more crowded by the day. Over the past couple of months, Beyond Meat has …
Read More »Economic Preview: Economists predict U.S. added 1.7 million jobs in July, but admit it’s largely a guess. Here’s what worries them
The U.S. economy probably suffered a steep decline in hiring and job creation in July, but rarely has Wall Street been so flummoxed about the state of the labor market. The resurgence of the coronavirus epidemic in many American states and a potentially big shift in school employment could throw …
Read More »Economic Preview: This week we’ll learn the size of the hole the U.S. economy fell into when COVID-19 struck
There are good economic reports, there are bad ones, and in some rate cases there are ugly ones. This week, we get ugly. We will find out how deep a hole the U.S. economy fell into in the second quarter this year when non-essential businesses closed down in many parts …
Read More »Economic Preview: Just when it seemed safe to go back to restaurants a new coronavirus outbreak threatens U.S. jobs recovery
The U.S. got some great news Thursday with the rehiring of 4.9 million people in June, but the two steps forward the economy took in May and June could be followed by one step back in July. The problem? A resurgence in coronavirus cases, especially in states that allowed their …
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