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ADP Reports August Saw Weakest Job Growth Since January, Wage Growth Dips
ADP Reports August Saw Weakest Job Growth Since January, Wage Growth Dips
Following a weak JOLTS report (and mixed manufacturing PMI employment reports), ADP was expected to report a modest 47k increase in American jobs in August.
It disappointed with only 37K jobs added in August (while July's 44k addition was revised up modestly to 46k)...
This is the weakest monthly addition since January.
Goods Producers shed jobs at the fastest pace since October...
Manufacturing, professional services, and information shed jobs.
Education and health care, construction, and leisure and hospitality all showed solid hiring.
Base Pay...
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Jul 1, 2026 / Tyler Durden
Kremlin Confirms Rare Talks To Import Gasoline Amid Drone Strike Mayhem
Kremlin Confirms Rare Talks To Import Gasoline Amid Drone Strike Mayhem
Russia has confirmed its government is currently in negotiations with other countries to purchase gasoline while desperately seeking to stabilize its domestic market after months drone mayhem out of Ukraine.
"Discussions are actively being held," Kremlin spokesman Dmitry Peskov said at a press briefing Tuesday, though without specifying which countries. "If agreements can be reached at acceptable price points, then [imports] will move forward," he added.
File image: UBN
The development is surprising given that Russia remains the world's second-largest crude oil exporter...
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Aug 21, 2026 / Tyler Durden
Woman Charged In ISIS-Inspired Plot To Bomb NY State Capitol
Woman Charged In ISIS-Inspired Plot To Bomb NY State Capitol
Authored by Jill McLaughlin via The Epoch Times,
FBI agents foiled an alleged ISIS-inspired bomb plot on the New York State Capitol on Aug. 19 that they say was concocted by a local woman who had pledged allegiance to the terrorist group earlier this year.
Jessica Bowie, 35, was captured by surveillance while doing reconnaissance on the New York Capitol in an undated photo. U.S. Department of Justice
Jessica Bowie, 35, of Albany, New York, was formally charged on Aug. 20 with attempting...
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May 12, 2026 / Tyler Durden
Millions Of Student Borrowers Are Defaulting: They Are 40 Years Old On Average
Millions Of Student Borrowers Are Defaulting: They Are 40 Years Old On Average
The NY Federal published its latest report on Household Debt and Credit for the first quarter: the report showed total household debt increased by $18 billion, just a 0.1% increase, in Q1 2026, to $18.8 trillion.
Some details:
Mortgage balances shown on consumer credit reports grew slightly by $21 billion during the first quarter of 2026 and totaled $13.19 trillion at the end of March.
Balances on home equity lines of credit (HELOC) rose by $12 billion, marking the 16th...
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