July Jobs Report Takes the ‘Stag’ Out of ‘Stagflation;’ Adds 528K Payroll Slots
By Denny Gulino WASHINGTON (MaceNews) – Confounding the forecasters, the July jobs market exploded with new hiring, adding 528,000 payrolls slots, lowering the unemployment rate to 3.5% and pitting market pessimists against their opposites who see inflation having peaked. U.S. stocks futures sagged, benchmark interest rates shot up a few basis points and the White […]
Japan June Household Spending Rebounds on Traveling, Dining Out Under Eased Covid Rules
–April-June Spending Up, Indicating Q2 GDP Rebound led by Consumption–Real Household Income Falls For 4th Straight Month on Rising Cost of Living By Max Sato (MaceNews) – Japan’s real household spending posted the first year-on-year rise in four months in June after falling unexpectedly in May as pent-up demand for eating out and traveling under […]
Japan June Retail Sales Post 4th Straight Y/Y Rise but Pace Slows 
–METI Keeps View After May Upgrade: Retail Sales Picking Up Gradually –Department Store Sales Continue Recovering on Eased Covid Rules –High Fuel Costs Prop Up Retail Sales; Supply Delays Keep Auto Sales Weak By Max Sato (MaceNews) – Japanese retail sales posted the fourth year-on-year rise in June, led by high fuel prices and recovering […]
Japan May Retail Sales Post 3rd Straight Rise on Eased Covid Rules, Hot Weather 
–METI Upgrades View: Retail Sales Picking Up Gradually Vs. Showing Signs of Pickup –Department Store Sales Surge; Summer Clothing Up on Heat Wave –High Fuel Costs Prop Up Retail Sales; Supply Delays Keep Auto Sales Down By Max Sato (MaceNews) – Japanese retail sales posted the third straight rise in May both on the year […]
ISM: US May Service Sector Growth Continues Slowing Amid Labor Shortages, Supply Constraints 
–ISM’s Nieves: Fed Tightening on Overall US Service Sector Seen Limited –ISM: Demand for Services Still Strong; May’s Slower Growth Expected –ISM: New Orders Index Rebounds, Prices Index Eases from April’s Record High By Max Sato (MaceNews) – US service sector growth slowed further in May as companies continued tackling labor shortages and supply delays […]
Japan April Retail Sales Rise Further After Govt Eases Covid Rules in Late March
–METI Upgrades View: Retail Sales Showing Signs of Pickup Vs. Being Flat–Shoppers Flock to Department Stores; Clothing Up on Summer Weather–High Fuel Costs Prop Up Retail Sales; Supply Delays Keep Auto Sales Down By Max Sato (MaceNews) – Japanese retail sales in April posted solid gains for the second straight month both on the year […]
White House and Other Schedules for Tuesday, May 17
WASHINGTON (MaceNews)—The following are Tuesday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as US data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FORTUESDAY, MAY 17, 2022 In the morning, the President and the First Lady will travel to Buffalo, New York. The departure from the South Lawn […]
Japan March Retail Sales Rebound as Govt Eases Covid Restrictions 
–METI Repeats Retail Sales Are Flat After Downgrading Its View in February –Department Store Sales Rebound, Fuels Up, Demand for Medicine, Cosmetic Solid By Max Sato (MaceNews) – Japanese retail sales rebounded on the year in March while marking the first monthly rise in four months as the government eased public health restrictions and the […]
White House and Other Schedules for Thursday, April 14
WASHINGTON (MaceNews)—The following are Thursdays schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as US Data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FORTHURSDAY, APRIL 14, 2022 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. Then, the President […]
Japan February Household Spending Sluggish Amid Omicron, Snowstorms
–Spending Up Slightly on Year but Posts 2nd Straight Drop on Month –Ministry Drops ‘Flat’ Reference to Falling Spending; To Watch Covid Impact By Max Sato (MaceNews) – Japan’s household spending posted the second straight month-on-month drop in February as the worst spike in Covid cases in the two-year pandemic hit many regions and bad […]