Slower U.S. payroll growth dims September Fed rate hike prospects

Sep 3, 2016

Slower U.S. payroll growth dims September Fed rate hike prospects

U.S. employment growth slowed more than expected in August after two straight months of robust gains, and wages were tepid, which could effectively rule out an interest rate increase from the Federal Reserve this month. Nonfarm payrolls rose by 151,000 jobs last month after ...

Aug 30, 2016

Household spending, unemployment fall in July

Household spending fell for a fifth straight month and retail sales also dropped, underscoring the weakness in domestic demand. The jobless rate was the lowest since 1995. Household spending fell 0.5 percent in July from a year earlier, the statistics bureau said on Tuesday. ...

Aug 19, 2016

Abe's 'work style' reforms

Shinzo Abe's newest pet policy could run into a lot of resistance from management and whether anything actually gets done will depend on just how serious he is.

Aug 14, 2016

56% of major firms expect temporary lull in economy: survey

More than half of major Japanese companies surveyed expect the economy to remain flat through the end of the year, citing such concerns as sluggish consumer spending, a stronger yen and the effects of Britain’s decision to leave the European Union, a Kyodo News ...