HALISTER1: U.S. ECO PREVIEW: GDP, Labor Costs Due in 5 Minutes

U.S. ECO PREVIEW: GDP, Labor Costs Due in 5 Minutes

(Bloomberg) -- Gross domestic product seen at +2.6% in 3Q vs +1.4% in 2Q (forecast range +1.3% to +3.6%); data track value of all goods and services produced in U.S.
  • “Consumers will dominate the growth landscape in the second half of the year, albeit less vigorously than previously anticipated, while a delayed inventory replenishment will also temper the rebound”: Bloomberg Intelligence
  • Employment Cost Index seen rising 0.6% in 3Q, same as 2Q (forecast range +0.5% to 0.7%). Tracks direct costs, i.e, wages, bonuses; indirect costs, i.e. medical benefits, training
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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UUID: 7947283

HALISTER: Mastercard Profit Beat Estimates as Customer Spending Increases

Mastercard Profit Beat Estimates as Customer Spending Increases

Alert: HALISTER
Source: BN (Bloomberg News)

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Ajaypal Banga (Mastercard Inc)

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UUID: 7947283