Today’s Issue Cluster: US Labor
US – Three Ominous Charts From the Jobs Report
Sugar – Enticing fuel margins means more ethanol production
Oil – Opec Unity Keeps Price Near $50
Germany – Apr: Factory orders down; -2.0% from +2.6% / AFP
US – Three Ominous Charts From the Jobs Report B * * *
US – Economy Projected to Expand This Year by Least Since 2012 B *
US – Companies Dial Back Investment WSJ
US – State Coincident Indexes Increased in 39 States / cr *
Fed – Yellen Suggests Rethink of Interest-Rate Plans NYT / WSJ / FT *
Fed – Jobs Shortfall Makes June Rate Rise Less Likely WSJ / B / WSJ / b *
Fed – Likely to avoid rate hike before Brexit vote R
Fed – Bets on Move This Summer Had Surged WSJ *
Fed – Beige Book: ‘Tight Labor Markets’ Are Pushing Up Wages WSJ / B *
Fed – ‘Financial conditions’ indicator grips watchers FT *
US – Bank Stocks Fall Along With Rate Hopes WSJ / WSJ *
US – Fed Signals Bigger Bank Capital Requirements Looming WSJ
US – Credit Unions, Community Banks Duke It Out Over Planned Rule WSJ *
US – Dimon issues warning over lower-quality car loans FT / WSJ
US – Pension Funds Pile on Risk Just to Get a Reasonable Return WSJ *
US – Home Prices Jump as Supply Pinch Plays Out WSJ * *
US – Breakout for the housing market? r *
US – Rent Hikes Are Finally Slowing—Mostly for the Rich B *
US – Job growth slowest since 2010 FT *
US – Workforce Dropouts Spike WSJ *
US – Wage Growth is on Pace to Break Records this Decade B *
US – Full employment is no barrier to job gains B *
US – Temp-Worker Freeze Bodes Ill WSJ *
US – One Measure of Wage Growth Just Hit a New High B *
US – Winners and Losers of Higher Labor Costs WSJ *
US – Businesses Assess Effects of New Overtime-Pay Rule WSJ *
US – Americans Break Record for Working Past 65 B * * *
Sugar – Enticing fuel margins means more ethanol production B *
Oil – Opec Unity Keeps Price Near $50 B *
Oil – Saudi: Cuts Oil Prices in Europe WSJ
Oil – Saudi: Breathes life into Opec, for now FT *
Oil – Saudi: Surveys Financial Toolkit as Foreign Reserves Drop B *
Oil – Iran: Opec Rivals Accept Its Rising Output B
Oil – Iran: Supertankers allowing faster export ramp up than expected R
Oil – Nigeria: ‘Delta Avengers’ Sabotage Output WSJ *
Oil – US: Shale Drillers Restart Rigs as Market Improves B *
Oil – US: Drillers Have a Few Sweet Spots Left WSJ / b *
Racial dot map of the US cooper *
