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Support for Women Leaders Crucial to Solving Most Urgent Issues of Our Time

Advancing women’s leadership skills and opportunities is vital to lifting economies and stabilising communities across the world, a Bank of America Merrill Lynch senior executive said Thursday at the Women, Progress and the Global Economy Public Forum in London (#WomenLead). Anne Finucane, vice chair, Bank of America, said support of women leading businesses and social […]

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US Creates 242,000 New Jobs In February

WASHINGTON – U.S. Secretary of Labor Thomas E. Perez issued the following statement about the February 2016 Employment Situation report released today: “February’s report demonstrates the nation’s continued economic vitality, with the addition of 242,000 new jobs. The longest recorded streak of private-sector job growth now stands at six full years, 72 consecutive months, during […]

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JPMorgan Chase Announces $75 Million Global Initiative to Address Economic Opportunity Crisis Facing Young People

New York – JPMorgan Chase & Co. today announced a new $75 million, five-year global initiative to address the youth unemployment crisis and expand young people’s access to economic opportunity. With the global economy requiring a more skilled workforce, New Skills for Youth is designed to increase dramatically the number of young people who complete […]

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US Partnering With India To Develop Smart Cities And Economic Growth

India faces a challenging road ahead to achieve its economic and environmental ambitions, yet it is not alone in its effort. During a trade mission to India earlier this month, it was clear to us that the United States can be a valuable partner in helping India develop a 21st century, sustainable economy. Working together, […]

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Operators of Bitcoin Mining Operation Butterfly Labs Agree to Settle FTC Charges They Deceived Consumers

Butterfly Labs and two of its operators have agreed to settle Federal Trade Commission charges that they deceived thousands of consumers about the availability, profitability, and newness of machines designed to mine the virtual currency known as Bitcoin, and that they unfairly kept consumers’ up-front payments despite failing to deliver the machines as promised. Under […]

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US Economy Adds 151,000 Jobs in January while Unemployment Rate is 4.9 percent

Total nonfarm payroll employment rose by 151,000 in January, and the unemployment rate was little changed at 4.9 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in several industries, led by retail trade, food services and drinking places, health care, and manufacturing. Employment declined in private educational services, transportation and warehousing, […]

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ADP National Employment Report: Private Sector Employment Increased by 205,000 Jobs in January

ROSELAND, NJ – 02/03/16 – Private sector employment increased by 205,000 jobs from December to January according to the January ADP National Employment Report®. Broadly distributed to the public each month, free of charge, the ADP National Employment Report is produced by ADP® in collaboration with Moody’s Analytics. The report, which is derived from ADP’s […]

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US Department of Commerce Data Indicate Economic Growth Slow Down

Real gross domestic product — the value of the goods and services produced by the nation’s economy less the value of the goods and services used up in production, adjusted for price changes — increased at an annual rate of 0.7 percent in the fourth quarter of 2015, according to the “advance” estimate released by […]

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US Economy Adds 292,000 jobs in December According to Bureau of Labor Statistics

Total nonfarm payroll employment rose by 292,000 in December, and the unemployment rate was unchanged at 5.0 percent, the U.S. Bureau of Labor Statistics reported today. Employment gains occurred in several industries, led by professional and business services, construction, health care, and food services and drinking places. Mining employment continued to decline. Household Survey Data […]

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New International Alliance to Speed Implementation of WTO Trade Facilitation Deal

Nairobi, Kenya, – The World Economic Forum, the Center of International Private Enterprise and the International Chamber of Commerce along with the governments of Canada, Germany, the United Kingdom and the United States have today launched a major new partnership to support effective implementation of the World Trade Organization’s (WTO) landmark Trade Facilitation Agreement (TFA)—which […]

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