US November ISM Manufacturing in Contraction for 13th Straight Month as Firms Trim Output, Headcount in Response to Soft Demand

–ISM Manufacturing Index Unchanged at Weaker-Than-Expected 46.7 in November –ISM’s Fiore: Sector at Lower End of Trough; Things Moving Very Slowly –Fiore: New Orders Still Down, No Idea Where They Will Be in December   –Fiore: High Fuel Costs Are Negative as Energy Market Looks Set to Rise Again By Max Sato (MaceNews) – U.S. manufacturing activity was […]

White House and Other Schedules for Friday, Dec 1

WASHINGTON (MaceNews) – The following are Friday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as U.S. economic data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FOR FRIDAY, DECEMBER 1, 2023   In the morning, the President will receive the President’s Daily Brief. This meeting in the Oval Office […]

Japan October Jobless Rate Falls to 2.5% for 2nd Straight Monthly Drop as Job Cuts Dip, Number of People Starting to Look for Work Plunges

–Employment Up on Year for 15th Straight Month, Led by Hotels, Restaurants, Communications; Construction Sheds Jobs After Recent Gains –Number of Unemployed Drops on Year for 2nd Straight Month By Max Sato (MaceNews) – Japanese payrolls posted their 15th straight rise on year in October as hotels, restaurants and information communications firms hired more workers […]

Italy-Brussels Tensions Rise Over Delayed Tourism Deregulation, EU COVID Funds’ Revised Targets

By Silvia Marchetti ROME (MaceNews) – Tensions between Rome’s rightist government and Brussels are rising over the investments of revised European post-COVID funds and a delay in deregulating key tourist services, warned opposition forces. Democrat officials are concerned that were Italy to fail in “being credible and efficient” in investing the updated post-pandemic aid, and […]

White House and Other Schedules for Thursday, Nov 30

WASHINGTON (MaceNews) – The following are Thursday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as U.S. economic data and Federal Reserve events:  DAILY GUIDANCE AND PRESS SCHEDULE FOR THURSDAY, NOVEMBER 30, 2023  In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. […]

Fed’s Beige Book: Slower Activity, Easing Hiring, Price Increases Moderated

WASHINGTON (MaceNews) – Only four Federal Reserve districts reported growth in the latest Federal Reserve beige book survey of economic conditions coast to coast published Wednesday. The survey, assembled by the Atlanta Fed, found retail sales and manufacturing remained mixed while consumer credit “remained fairly healthy” while consumer credit “remained fairly healthy” with only a […]

White House and Other Schedules for Wednesday, Nov 29

WASHINGTON (MaceNews) – The following are Wednesday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as U.S. economic data and Federal Reserve events:  DAILY GUIDANCE AND PRESS SCHEDULE FOR WEDNESDAY, NOVEMBER 29, 2023    In the morning, the President will receive the President’s Daily Brief. This meeting will be closed […]

White House and Other Schedules for Tuesday, Nov 28

WASHINGTON (MaceNews) – The following are Tuesday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as U.S. economic data and Federal Reserve events:    DAILY GUIDANCE AND PRESS SCHEDULE FOR TUESDAY, NOVEMBER 28, 2023   In the morning, the President will receive the President’s Daily Brief. This meeting will be closed […]