FTC action yesterday banning a majority of non-compete agreements is expected to create wage pressures. We also learned some very interesting jobs (like sandwich making) have been using these agreements. buff.ly/3Wd6TBZbuff.ly/3WeeOPb... See MoreSee Less
There has been some concern about the US ability to auction notes. Yesterday saw impressive demand for 2-year notes issuing some $69 billion. buff.ly/3QlUg3B... See MoreSee Less
US business activity expanded in April at the slowest pace this year on a pullback in demand that led to the first drop in employment since 2020. buff.ly/4aM7pLH... See MoreSee Less
Office attendance rose this past week, with the peak day occupancy reaching 60.9% on Tuesday — eight tenths higher than last week. ... See MoreSee Less
Sales of new single-family houses in March 2024 were at a seasonally adjusted annual rate of 693,000. This is 8.8 percent (+/- 17.2%)* above the revised February 2024 estimate of 637,000. March 2024: +8.8* % ChangeFebruary 2024 (r): -5.1* % Change ... See MoreSee Less
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