DATA PREVIEW: JOBS REPORT COULD SEE 1-2-3 PUNCH FROM HURRICANES
By Kevin Kastner WASHINGTON (MaceNews) – The September employment report could be hit with a triple shot from Hurricanes Marco, Laura, and Sally, adding to the already-slowing pace of gains seen over the last three months. Hurricane Marco slammed into the Gulf Coast on August 24, followed swiftly by Hurricane Laura on August 27, both […]
STATUS CHECK: SOLEMNITY AND THE USUAL DISCORDANT NOTES
WASHINGTON (MaceNews) – The following is Thursday’s status check of developments in the U.S. that can influence economic, health and political outcomes. The quiet day-long procession of Americans paying respect to Ruth Bader Ginsburg was the day’s solemn background music, an impressive tribute to a remarkable woman. And then President Trump came by, wearing a […]
FRIDAY WHITE HOUSE SCHEDULE
WASHINGTON (MaceNews) – The following is Friday’s public White House schedule: DAILY GUIDANCE AND PRESS SCHEDULE FORFRIDAY, SEPTEMBER 25, 2020 EDT 2:00PM In-House Pool Call Time 8:00AM Out-of-Town Pool Call Time (FL) 7:40PM Out-of-Town Pool Call Time (JBA) 11:00AM THE PRESIDENT participates in a Latinos for Trump Roundtable Doral, FL Pre-Credentialed Media 12:05PM THE PRESIDENT departs Doral, FL, en route […]
DATA FLASH: US INITIAL CLAIMS IN TIGHT RANGE; NEW HOME SALES SURGE
–Initial Claims Rise By 4,000 to 870,000; 4-Week Average Declines Further–New Home Sales Up 4.8% to 1.011 Million SAAR in Aug, High Since 2006 By Kevin Kastner WASHINGTON (MaceNews) – Initial claims rose by 4,000 in the September 19 week to a level of 870,000, below the 880,000 level expected and within the same narrow range […]
UK GOV’T UNVEILS SUPPORT FOR WORKERS ON REDUCED HOURS FROM NOVEMBER
–-— Chancellor confirms furlough scheme will end in October By Laurie Laird LONDON (MaceNews) – The U.K. government unveiled a new job support scheme on Thursday, aimed subsiding the wages of workers on reduced hours, but provided no additional assistance for those drawing on the nation’s job retention plan which will expire at the end […]
GERMANY BUSINESS CONFIDENCE UP AGAIN IN SEPTEMBER
ZURICH (MaceNews) — Germany’s business climate improved further in September driven by a more optimistic outlook for both current conditions and expectations, amid signs the economy is stabilizing despite rising COVID-19 infection numbers. The Ifo institute measure of business confidence rose to 93.4 in September from a revised 92.5 (92.6) the previous month, broadly in-line […]
THURSDAY WHITE HOUSE SCHEDULE
WASHINGTON (MaceNews) – The following is Thursday’s public White House schedule: DAILY GUIDANCE AND PRESS SCHEDULE FORTHURSDAY, SEPTEMBER 24, 2020 EDT 8:30AM In-House Pool Call Time 1:35PM Out-of-Town Pool Call Time 9:45AM THE PRESIDENT and THE FIRST LADY depart the White House en route to the Supreme Court of the United States South Portico In-Town Travel Pool 9:55AM THE PRESIDENT and […]
STATUS CHECK: WHOSE COGNITIVE ILLUSION IS BETTER?
WASHINGTON (MaceNews) – The following is Wednesday’s status check of developments in the U.S. that can influence economic, health and political outcomes. So much for a Wednesday. Noise perhaps. Confusion. Ominous sometimes, repetitious often and sadly, no longer surprising. Hardly news but too important to be ignored. Beginning with President Trump, in his evening news […]
FED’S ROSENGREN WARNS OF COVID RECURRENCE, HIT TO LENDERS AS BAD LOANS RISE
NEW YORK (MaceNews) – Boston Fed President Eric Rosengren Wednesday warned of a possible credit crunch as small- and medium-sized lenders see rising non-performing loans as a second wave of the Covid-19 pandemic strikes and more business go bankrupt. Rosengren, in remarks for delivery to the Boston Economic Club, warned of “more substantial headwinds” for […]
WEDNESDAY WHITE HOUSE SCHEDULE
WASHINGTON (MaceNews) – The following is Wednesday’s public White House schedule: DAILY GUIDANCE AND PRESS SCHEDULE FORWEDNESDAY, SEPTEMBER 23, 2020 EDT 9:00AM In-House Pool Call Time 11:00AM THE PRESIDENT delivers remarks in honor of Bay of Pigs Veterans East Room In-House Pool 3:00PM THE PRESIDENT participates in a discussion with State Attorneys General on Protecting Consumers from Social Media […]