Powell speech, GDP revision, private hiring and more: Wednesday's 5 things to know

  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 53%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

Wednesday will have several events that will move markets including a speech by Fed Chairman Jerome Powell, plus the latest update on quarterly growth.

Several economic data points that could play into the Fed's decision making will be released including: the second estimate of 3Q GDP. The ADP private payrolls report, job openings and labor turnover survey, pending home sales and the Fed’s Beige Book. / AP Newsroom)The U.S. House of Representatives was set to vote Wednesday to block a rail strike that could potentially happen as early as Dec. 9, after President Joe Biden warned of dire economic consequences and massive job losses.

Pelosi said the House would vote separately on Wednesday on a proposal to give seven days of paid sick leave to railroad employees.There are no paid sick days under the tentative deal after unions asked for 15 and railroads settled on one personal day. The U.S. Congress has passed laws to delay or prohibit railway and airline strikes multiple times in recent decades. Shares gained 2% in extended trading after the company reported quarterly results in line with analysts’ estimates and offered strong revenue guidance.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Does fentynal come from China no just the ingredients it's mixed in Mexico. Only question is. Is China and Mexico running drugs into are country together and are democrats being paid to ignore it.

Summary... full speed ahead.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 458. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Fed Chair Jerome Powell is once again the center of attention for marketsRecent comments from St. Louis Fed president Bullard and vice chair Brainard have everyone convinced Powell will pull another Jackson Hole on Wednesday. BobPisani 👏👏👏 BobPisani Market tanks every time. Unemployment to 7%
Source: CNBC - 🏆 12. / 72 Read more »