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ADP Employment Reports Shows Better Than Expected Job Gains, Accelerating Wages
ADP Employment Reports Shows Better Than Expected Job Gains, Accelerating Wages
Hiring and pay gains both held steady in March.
The ADP National Employment report printed a better than expected +62k jobs added in March (+40k exp) and modestly down from an upwardly revised 66k in February.
That is the ninth straight month of job gains.
Source: Bloomberg
The smallest employers drove job growth for a second month, while hiring in trade, transportation, and utilities continued to decline.
"Overall hiring is steady, but job growth continues to favor certain industries, including health care. In March,...
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Feb 23, 2026 / Tyler Durden
"The World Is In Peril": Anthropic's Safety Boss Quits
"The World Is In Peril": Anthropic's Safety Boss Quits
Authored by Kay Rubacek via The Epoch Times,
Most people have never heard of Mrinank Sharma. That is part of the problem.
Earlier this month, Sharma resigned from Anthropic, one of the most influential artificial intelligence companies in the world.
He had led its Safeguards Research Team, the group responsible for ensuring that Anthropic’s AI could not be used to help engineer a biological weapon.
His final project was a study of how AI systems distort the way people perceive reality. It was serious, consequential...
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Mar 4, 2026 / Tyler Durden
Services ISM Smashes Estimates, Prints At 56.1 Highest Since 2022, As Prices Paid Tumble
Services ISM Smashes Estimates, Prints At 56.1 Highest Since 2022, As Prices Paid Tumble
After the Manufacturing ISM print earlier this week came modestly stronger than expected (albeit with the Prices Paid component spiking and sending 10Y yields higher), some were expecting a similar improvement in today's Services ISM print. What they got instead, was a blowout number, and one suggesting that whatever weakness the US economy was in for much of the latter part of 2025, is now over.
At 10:00am ET, the ISM Services print came out at 56.1,...
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Apr 3, 2026 / Tyler Durden
Hegseth Ousts Chief Of The Army As Iran War Persists
Hegseth Ousts Chief Of The Army As Iran War Persists
The Pentagon shake-up under Trump has not ended, as on Thursday Pete Hegseth has dismissed Army Chief of Staff Gen. Randy George, asking him to step down into early retirement.
The move is unusual, given this is the head of the Army and the United States is past the one-moth mark in Trump's Operation Epic Fury. A reason hasn't been given as to what amounts to Gen. George being effectively fired.
CBS writes, "One of the sources said Hegseth wants someone in the...
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