| Our PureVest Weekly Roundup looked at the latest employment announcements. We saw two very different numbers between the two widely watched reports; this is not abnormal. Our education section below explains the differences between the Non-Farm Payrolls and the ADP Private report. This was a big week for tech earnings; some key trends driving these mega-cap companies were highlighted again. Exxon and Chevron reported as well. The Boeing strike could end early next week as their union will vote on a new contract offer on Monday. Enjoy the light reading, and have a great weekend! |
| Markets & Economy: Private job creation totaled a stunning 233,000 in October, far more than expected, ADP says source:www.cnbc.com U.S. economy added just 12,000 jobs in October, impacted by hurricanes, Boeing strike source:www.cnbc.com The cloud rises and AI pays off — 3 takeaways from tech’s big earnings week source:www.businessinsider.com Apple sales rise 6%, company seeing early iPhone 16 demand source:www.cnbc.com Exxon Mobil, Chevron Deliver Earnings Beat. But Only One Hiked Its Dividend source:www.investors.com Treasury Department announces new Series I bond rate of 3.11% for the next six months source:www.cnbc.com Boeing union backs sweetened contract offer that could end strike, sets vote for Monday source:www.cnbc.com Education: ADP National Employment Report: Definition and What It Covers source:www.investopedia.com Nonfarm Payroll: What It Means, and Why It’s Important source:www.investopedia.com |