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Saturday’s: 9AM 1590 AM/97.9 FM KVTA
Sunday’s: 7AM K-EARTH 101 FM
The U.S. created just 98,000 new jobs in March to mark the smallest gain in almost a year, as hiring cooled off after a strong start in 2017. Economists polled by MarketWatch had predicted a 185,000 increase in nonfarm jobs. Yet the unemployment rate fell to 4.5% from 4.7% – the lowest level in almost
READ MOREWholesale inventories in the U.S. rose 0.4% in February, rebounding from a decline at the start of 2017, the government said Friday. The inventory-to-sales ratio was unchanged at 1.28 months, but it was down from 1.36 a year earlier. The ratio reflects how long it would take a company to sell all the goods sitting
READ MOREThe number of Americans who applied for unemployment benefits last week sank by 25,000 to 234,000, marking the second-lowest level of the current economic expansion and reflecting a tight labor market in which firms say it’s hard to find good help. The bulk of the decline took place in the large states of California, New
READ MOREEconomic activity in the non-manufacturing sector grew in March for the 87th consecutive month, the Institute of Supply Management reported on Wednesday. The institute’s non-manufacturing index hit 55.2 in March, down from 57.6 in the previous month. This represents continued growth in the non-manufacturing sector at a slower rate, the group said.
READ MOREMinutes from the Federal Reserve’s March meeting showed members anticipate gradual increases in the benchmark federal fund rate to continue this year while changes to the balance sheet are likely appropriate later in 2017 .
READ MOREThe U.S. trade deficit sank almost 10% in February, aided by an increase in exports to a 26-month high and a plunge in imports of autos and cell phones. The deficit fell to $43.6 billion in February, more than canceling out a big increase in January that raised the nation’s trade gap to a five-year
READ MOREThe dollar firmed moderately against leading rivals Monday ahead of U.S. manufacturing data that’s expected to show little change from recent readings, but likely won’t sway the Federal Reserve from plans to raise interest rates again this year. Accordingly, the dollar’s moves were limited so far.
READ MOREConstruction spending rebounded in February, as builders took advantage of the warm weather to put up more houses. Construction spending rose a seasonally adjusted 0.8% in February, the Commerce Department reported. Though expectations were for a 1% gain, January’s decline was revised upward to now show a 0.5% decline instead of a previously reported 1%
READ MOREAlthough a balance transfer to a 0% card may sound inviting, you need to be aware for the 2%, 3%, or even 4% that is charged upfront for the transfer. The interest rate may be lower that the current location of the debt, but what is the term of the new offer? You effective rate
READ MOREThe American jobs engine got off to a explosive start in the first two months of 2017 as the economy added nearly half a million new workers, but keeping the pedal to the metal will be hard to sustain. After 238,000 people were hired in January and 235,000 in February, Wall Street looks for a
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