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Number bang in line with estimates. The transport number is a little stronger than i am its. Youre getting a then estimates. The factory number is a little weaker than estimates, a little better. Than last time around what we are getting here is maybe a bit of evidence of continued weakness in the industrial sector, and may be some transference of that into the Services Sector judging by the ism, which is still robust, but beginning to fade a bit. Equity markets and bond markets are having a reasonably turbulent time. Of bearingssmart institute is joining us. The data are still pretty good, but maybe there are crocs appearing. Arestopher i think there certainly crocs appearing, but as you say, the data is still pretty good. The data youve just gone through is a little weak on the margins, but still in expansionary territory. What is so difficult for those of us who look at the data is to reconcile that with the signals the bond m ....
At one point they were down by almost a third. Metro bank is the youngest lender on britains high streets. It launched here back in 2010 in the wake of the Global Financial crisis to take on the likes of lloyds and ba rclays. It was the first to do so for more than 100 years. But its had a series of Financial Issues and on thursday there were reports that its urgently trying to raise up to £600 million to shore up its finances. So should customers be worried . Heres our Business Correspondent theo leggett. Well, i dont think customers should be too worried at this stage. Although a 25 drop in the share price is clearly not a good look, metro bank insists that, fundamentally, its finances are pretty sound, it made a profit in the first half of this year, and it continues, crucially, to meet all regulatory req ....
In europe, things have barely budged in most of the major markets. Cac is flat. Dax is up 0. 1 . The ftse up almost 0. 2 . Crude oil prices continued to climb yesterday. This morning giving back just eight cents. But there is a thought that with supplies in the United States experiencing an unexpected draw down, and with more countries looking like they may support saudi arabia in terms of continuing that production cut, we have seen prices that have stabilized well above the lows weve seen earlier this week. Wti trading at 47. 76. Some big corporate stories. Retail wreckage continues. Department store chains taking a major hit. Nordstroms posting better than expected earnings and revenue, but the stock dropped on a samestore sale miss. Theyre the latest Department Store to get hurt by a slump in clothing because of online shopping. Macy shares dropped 17 yesterday during th ....
Private employers added 164,000 jobs in December and wages were up 5.4 percent from last year, according to the National Employment Report released Thursday by the ADP Research Institute. “We’re returning to a labor market that’s very much aligned with pre-pandemic hiring,” Nela Richardson, ADP’s chief economist, said in a press release. “While wages didn’t… ....
Private employers added 164,000 jobs in December and wages were up 5.4 percent from last year, according to the National Employment Report released Thursday by the ADP Research Institute. “We’re returning to a labor market that’s very much aligned with pre-pandemic hiring,” Nela Richardson, ADP’s chief economist, said in a press release. “While wages didn’t… ....