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February Non-Farm Payroll,​ Final Determiner Prior Rate Hike


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Industry Dynamics

Sycamore Partners Competes to Privatize Nordstrom 

Today’s News  Sycamore Partners, among other buyout equity firms, is reportedly showing keen interest in the privatization of the renowned U.S. department store Nordstrom, as confirmed by insiders.   Last month, Nordstrom’s CEO Erik Nordstrom and President Pete Nordstrom disclosed their exploration of privatization options, confirming a previous Reuters report from March. Negotiations are anticipated […]

2024-5-3 | Industry Dynamics

April Non-Farm Payroll Eve: Delay in U.S. Rate Cut As GDP Growth Slows

April Non-Farm Payroll: U.S. GDP Growth Slows​, Rate Cut Expectations Pushed Back

2024-5-2 | Industry Dynamics

Fed Leaves Rates Unchanged, Cites 'Lack of Inflation Progress' 

Today’s News  The Federal Reserve decided to keep interest rates unchanged, expressing concerns about the lack of significant progress in addressing inflationary pressures.   Despite a strong start to 2024 with three months of unexpectedly rapid price increases, Fed Chair Jerome Powell noted the anticipated decline in inflation towards the 2% target may take longer […]

2024-5-2 | Industry Dynamics